News Release
David Huhnke
Director of Communications and Marketing
City of Lafayette, Indiana(765) 807-1007
dhuhnke@lafayette.in.gov

FOR IMMEDIATE RELEASEFebruary 5, 2024
City of Lafayette Approves Tax Abatement for Tate & Lyle Solutions
on $24.5M of New Investments
LAFAYETTE, INDIANA – February 5, 2024 – The Lafayette City Council has approved a tax
abatement in an Economic Revitalization Area for Tate & Lyle Solutions USA, LLC for aseven-year personal property tax abatement for their $24.5 million investment inmanufacturing equipment.

The manufacturing project will not create any new full-time permanent positions but will retain
318 existing full-time, permanent positions, aside from those created or retained through theconstruction phase of the project.
“Tate & Lyle has continued to be a valuable business partner for Lafayette and our region,”states Mayor Tony Roswarski. “As an active and engaged community partner, we havebenefitted from their investments and manufacturing workforce in Lafayette for over 55 years.
This opportunity will continue to solidify our long-standing relationship with them to sustain aprosperous future for our community.”
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The project will expand the roll drying finishing leg capacity, increase the salt mix process,and add an additional packaging line at the plant located at 2245 Sagamore Parkway North.
The roll dried product demand is projected to exceed capacity by late FY2025. To address
this gap, a new roll dryer production facility will be built at the Sagamore Plant. The newfacility will house five new roll dryers and expand additional warehouse space for packaging
needs of the salt mix process that will be completed in-house. The project will start
immediately and be completed by July 31, 2025.

About Tate & Lyle:
Supported by our 160-year history of ingredient innovation, we partner with customers toprovide consumers with healthier and tastier choices when they eat and drink. We are proudthat millions of people around the world consume products containing our ingredients everyday. Through our expertise in sweetening, fortification, and texture, we develop ingredientsolutions which reduce sugar, calories, and fat, add fiber and protein, and provide texture andstability in categories including beverages, dairy, bakery, snacks, soups, sauces, anddressings.
We have more than 3,500 employees working in around 57 locations across 39 countries.
Science, Solutions, Society is our brand promise and how we will achieve our purpose ofTransforming Lives Through the Science of Food. By living our purpose, we believe we cansuccessfully grow our business and have a positive impact on society. We live our purpose inthree ways, by supporting healthy living, building thriving communities and caring for ourplanet.
Tate & Lyle is listed on the London Stock Exchange under the symbol TATE.L. American
Depositary Receipts trade under TATYY. In the year to 31 March 2023, Tate & Lyle revenue
from continuing operations totaled £1.75 billion. For more information, please
visit https://www.tateandlyle.com or follow Tate & Lyle on LinkedIn, X(Twitter), Facebook or YouTube.
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