Engineering studies are underway.
This investment will increase pectin annual capacity in Grossenbrode from 3,300 metric tons to 5,500 metric tons. The project, which will reduce manufacturing costs at the site considerably, is scheduled to be completed by the third quarter of year 2000. This automation and expansion project is the first in a series of three planned expansions. By investing in the Grossenbrode plant, we are both supporting volume growth and positioning the Food Gums Division to maintain its leadership position as a world-class supplier of pectin. Hercules is the world's largest producer of pectin, which is derived from citrus and apple peels and used primarily in the food industry as a stabilizer and gelling agent in jams, jellies, and dairy products.