BCPC - Balchem Corporation

NasdaqGS - NasdaqGS Real Time Price. Currency in USD

Balchem Corporation

52 Sunrise Park Road
New Hampton, NY 10958
United States
845-326-5600
http://www.balchem.com

SectorBasic Materials
IndustryChemicals
Full Time Employees1,165

Key Executives

NameTitlePayExercisedYear Born
Mr. Theodore L. HarrisChairman and Chief Exec. Officer1.03MN/A1965
Ms. Mary Theresa CoelhoChief Financial Officer and TreasurerN/AN/A1962
Mr. William A. Backus CPAChief Accounting Officer348.83k566.64k1966
Mr. Mark A. StachGen. Counsel & Corp. Sec.N/AN/AN/A
Mr. David F. LudwigVP & Gen. Mang. of Industrial Products338.79kN/A1958
Amounts are as of December 31, 2016 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Balchem Corporation develops, manufactures, and markets specialty performance ingredients and products for the food, nutritional, feed, pharmaceutical, medical sterilization, and industrial markets in the United States and internationally. The company's Human Nutrition & Health segment supplies ingredients in the food and beverage industry. Its products include creamer and chocolate systems, dairy replacers, powdered fats, nutritional beverage bases, beverages, juice and dairy bases, ice cream bases and variegates, cereals, grain based snacks, and cereal based ingredients. This segment also offers microencapsulation solutions; and human grade choline nutrients and mineral amino acid chelated products for wellness applications. Its Animal Nutrition & Health segment provides microencapsulated products to enhance health and milk production 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 company's 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. It also 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's Industrial Products segment provides choline chloride derivatives for hydraulic fracturing of shale natural gas wells; and methylamines, which are building blocks for the manufacture of choline products, as well as used in industrial applications. The company sells its products through sales force, independent distributors, and sales agents. Balchem Corporation was founded in 1967 and is headquartered in New Hampton, New York.

Corporate Governance

Balchem Corporation’s ISS Governance QualityScore as of October 1, 2018 is 4. The pillar scores are Audit: 2; Board: 4; Shareholder Rights: 9; Compensation: 2.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.