Balchem Corporation Overview
Company Headquarters: New Jersey, US.
Founded: 1967
Workforce: ~ 1317
Company Working: Balchem Corporation produces and sells specialty performance chemicals and goods for the industrial, food, pharmaceutical, animal health, sterilization of medical devices, plant nutrition, and nutritional sectors in the US and abroad. The company focuses on three major business segments such as human nutrition & health, animal nutrition & health, and specialty products. The food and beverage sector receives ingredients from the human nutrition & health division. Additionally, this division provides human grade choline supplements, mineral amino acid chelated products, and microencapsulation solutions for a variety of uses. The animal nutrition & health segment offers chelation technology, which offers enhanced nutrient absorption for a variety of species of companion and production animals, microencapsulated products to improve health and milk production, and nutrient supplements for ruminant animals, and choline chloride, a nutrient for monogastric animal health. Additionally, this segment promotes and offers for sale propylene oxide, a fumigant used to help prevent insects and microbiological spoilage as well as to lessen bacterial and mold contamination in processed spices, cacao beans, cocoa powder, raisins, figs, and prunes, as well as chelated minerals for high-value crops. The company have an extensive network of sales offices, production facilities, and R&D facilities, mostly in the US and Europe.
Strategy
Balchem Corporation is working on providing innovative solutions for the health and nutritional needs of the world through R&D, Acquisition, merger, and constantly focusing on the standards throughout its process, adopting new technology, and keeping strong relations with its suppliers. For instance, the business continues to fund initiatives across all manufacturing sites, and capital expenditures. As in 2021 investment were accounted around $36,142. Moreover, it has a strong regional presence, the company is also emphasizing expansion through investments and building brand image.
