Press Release

MUSCATINE, IOWA - Kent Corporation, a family-owned food products and animal feed manufacturer, and PouchTec Industries, LLC (PouchTec) of Foley, Minnesota have announced their agreement for Kent subsidiary Kent Precision Foods Group (KPFG), headquartered in St. Louis Missouri, to acquire PouchTec effective July 29, 2016.

KPFG is a dry and liquid food manufacturing company that specializes in providing high quality products in the domestic and international foodservice, healthcare, industrial and consumer markets. (precisionfoods.com) KPFG is an operating subsidiary of Kent Corporation (kentww.com), a diversified family-owned corporation.

Kent Precision Foods Group President Connie Huck said, "Both KPFG and PouchTec are passionate about serving customers and bringing innovative solutions that help customers achieve their growth goals. Both companies are also very focused on investing in their employees and operations. We believe customers will benefit from this new coordination of efforts and shared technology platform."

PouchTec Industries, a food and liquid packaging company based in Foley, Minnesota specializes in the manufacturing of flexible, innovative, packaging solutions for some of the largest multi-national food and beverage companies in the world.

"It is a privilege for all of us at PouchTec to join a successful, well-established, family-owned company like Kent Corporation and Kent Precision Foods Group. We believe this change will provide an enhanced opportunity to grow with our customers and provide even more innovative solutions in the future," said PouchTec Industries' President and CEO Bob Jones.

About Kent Precision Foods Group
Kent Corporation's operating subsidiaries include Grain Processing Corporation, Kent Nutrition Group, Kent Pet Group, all headquartered in Muscatine, Iowa, and Kent Precision Foods Group, St. Louis, Missouri. The entire Kent Corporation family of companies has approximately 1,800 employees and does business in the US, Canada, and around the world. Kent Corporation is owned by the Kent Family and led by Gage Kent as Chairman of the Board and CEO.