Balchem and Perdue AgriBusiness Announce Strategic Alliance
NEW HAMPTON, NY, and SALISBURY, MD, September 1, 2016 -- Perdue AgriBusiness and Balchem Corporation (NASDAQ:BCPC) today announced they will be working together to advance the science of precision feeding for dairy cattle. Founded on a shared vision for improving dairy cow efficiency and nurtured by a mutual respect for their science-based business models, the two companies have joined forces to extend the implementation of precision feeding principles and bring new products to the dairy industry. “The dairy industry has long been focused on maximizing output,” said George Betton, Perdue
AgriBusiness Vice President of Animal Nutrition. “Together with Balchem, we will leverage our combined expertise and rapidly evolving precision feeding solutions to bring the industry to a greater level of feed efficiency and profitability.” “As we look to the future and the changes the industry faces, we are proud to work closely with Perdue to bring new options to dairy producers worldwide,” notes Jonathan Griffin, Vice President, Balchem Animal Nutrition & Health. “Our initial efforts will be focused in the area of ruminant amino acids nutrition, an area of expertise for both companies. The next evolution in our relationship will be to extend our collective expertise and research capabilities to create precision feeding solutions for other nutrients such as minerals, lipids and carbohydrates.
About Balchem Corporation
Balchem Corporation (NASDAQ: BCPC) consists of four business segments: Human Nutrition & Health (formerly SensoryEffects); Animal Nutrition & Health; Specialty Products; and Industrial Products. The Human Nutrition & Health segment delivers customized food and beverage ingredient systems, as well as key nutrients into a variety of applications across the food, supplement and pharmaceutical industries. The Animal Nutrition & Health segment manufactures and supplies products to numerous animal health markets. Through Specialty Products, Balchem provides specialty-packaged chemicals for use in healthcare and other industries, and also provides chelated minerals to the micronutrient agricultural market. The Industrial Products segment manufactures and supplies certain derivative products into industrial applications. For more information, visit www.balchem.com.
About Perdue AgriBusiness
Perdue AgriBusiness, part of Perdue Farms, is an international agricultural products and services company. We source, merchandise and process agricultural commodities. Our diverse portfolio of products includes grains, oilseeds, soybean meal, blended feed ingredients and top-quality seed oils for food and other uses. In addition, we provide a full range of farm inputs, including seeds and fertilizers, and services from agronomy to risk management and merchandising. We help our customers and family farmers prosper with flexible, forward-thinking solutions. Our business started as a family farm, and we know our future depends upon continuously earning the trust of farmers.