Balchem

#2793

Rank

$4.21B

MarketCap US

US United States

Country

Summary
Balchem Corporation develops, manufactures, and markets specialty performance ingredients and products for the nutritional, food, pharmaceutical, animal health, medical device sterilization, plant nutrition, and industrial markets in the United States and internationally. It operates through three segments: Human Nutrition & Health, Animal Nutrition & Health, and Specialty Products. The Human Nutrition & Health segment supplies ingredients in the food and beverage industry. Its products include spray dried and emulsified powders, extrusion and agglomeration, blended lipid systems, liquid flavor delivery systems, juice and dairy bases, chocolate systems, and cereal systems, as well as ice cream bases and variegates. This segment also offers microencapsulation solutions for various applications; and human grade choline nutrients and mineral amino acid chelated products for nutrition and health applications. The Animal Nutrition & Health segment provides microencapsulated products to enhance health and milk production, and delivering nutrient supplements in ruminant animals; chelation technology, which offers enhanced nutrient absorption for various species of production and companion animals; and choline chloride, a nutrient for monogastric animal health. The Specialty Products segment offers ethylene oxide primarily for use in the health care industry; and single use canisters with ethylene oxide for sterilizing re-usable devices. This segment also markets and sells propylene oxide, a fumigant to aid in the control of insects and microbiological spoilage, as well as to reduce bacterial and mold contamination in shell and processed nut meats, processed spices, cacao beans, cocoa powder, raisins, figs, and prunes; and chelated minerals for high value crops. The company sells its products through sales force, independent distributors, and sales agents. Balchem Corporation was incorporated in 1967 and is headquartered in New Hampton, New York.

History

Founded in 1967, Balchem has grown from a small, family-owned business to become a publicly traded, globally recognized leader in specialty products and technologies.


Mission
Our mission is to be the premier global leader in innovative and speciality products that enhance health and nutrition.

Vision
Our vision is to build a lasting business that creates value for our customers, shareholders and employees.

Key Team

Mr. Mark A. Stach (Exec. Officer)

Mr. Martin Luther Reid (Chief Supply Chain Officer)

Ms. Hatsuki Miyata (Gen. Counsel & Corp. Sec.)

Mr. Jonathan Griffin (Sr. VP and GM of Animal Nutrition & Health)

Mr. Frederic Boned (Sr. VP and GM of Human Nutrition & Health)


Recognition and Awards
Balchem has been recognized for its success and high-performance with several awards, including the Deloitte Technology Fast 500, the Weatherhead 100, and the Inc. 500. Balchem has also been named one of Forbes Magazine's Americas Best Small Companies.

References
Balchem
Leadership team

Mr. Theodore L. Harris (Chairman, CEO & Pres)

Mr. Carl Martin Bengtsson (CFO & Treasurer)

Mr. William A. Backus CPA, CPA (Chief Accounting Officer)

Products/ Services
Food and Beverage, Nutrition
Number of Employees
1,000 - 20,000
Headquarters
New Hampton, New York, United States
Established
1967
Company Registration
SEC CIK number: 0000009326
Net Income
100M - 500M
Revenue
500M - 1B
Traded as
BCPC
Social Media
Mon Feb 26 2024
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