Penford manufactures specialty, natural-based chemicals used in paper products and food ingredients. Its principal products are starches used in the manufacture of paper that enhance strength, retention, bonding ability, and suitability for use in specific printing applications. The company's Penford Foods subsidiary sells maltodextrins, dried corn-syrup solids, and food grade, potato starch products used as ingredients by the food and confectionery industries. The company has operations in the U.S. and Australia. .