Balchem Corp logo BCPC - Balchem Corp

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| PRICE TARGET: $175.50 DETAILS
HIGH: $189.00
LOW: $162.00
MEDIAN: $175.50
CONSENSUS: $175.50
UPSIDE: 8.93%

About Balchem Corp (https://www.balchem.com)

Balchem Corporation develops, manufactures, and distributes specialty performance ingredients and products for the nutritional, food, pharmaceutical, animal health, medical device sterilization, plant nutrition, and industrial markets worldwide. It operates through three segments: Human Nutrition and Health, Animal Nutrition and 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 offers specialty vitamin K2; 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; methylsulfonylmethane; and choline chloride, a nutrient for monogastric animal health. The Specialty Products segment distributes ethylene oxide and ammonia primarily for use in the health care industry; and single use canisters 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. It sells its products through sales force, independent distributors, and sales agents. The company was incorporated in 1967 and is headquartered in Montvale, New Jersey.

Key Executives

NAME TITLE DOB SALARY
Theodore L. Harris Chief Executive Officer, President & Chairman 1965 $3,693,603 USD
Carl Martin Bengtsson Executive Vice President, Chief Financial Officer, Treasurer & GM of Animal Nutrition and Health 1977 $1,472,491 USD
Frederic Boned Senior VP, Head of Digital Transformation & AI and GM of Human Nutrition & Health 1979 $1,245,517 USD
Hatsuki Miyata Executive Vice President, Chief Legal Officer & Secretary 1976 $1,221,350 USD
Brent Tignor Senior Vice President & Chief Human Resources Officer 1978 $960,140 USD
Martin Luther Reid Senior Vice President & Chief Supply Chain Officer 1967 $890,244 USD
Erin L. Gilson Vice President & Chief Accounting Officer $560,792 USD
George Graham Senior Vice President and Chief R&D Officer 1970
Job L. van Gunsteren Senior Vice President & GM of Specialty Products 1977

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