Great Opportunities for Growth
“The Murray expansion allows us to move toward our goal of being certified by GMP (Good Manufacturing Practices), which sets us up to pass strict audits from pharmaceutical manufacturers. There are great opportunities for Vanderbilt's growth in pharmaceuticals for the VEEGUM® products, as well as continued growth in the personal care products industry.
No human hands touch the product, thanks to the new packaging operation. Once it's contained in the new bags, the VEEGUM® is either shipped to the customer as is, or sent out for irradiation to prepare it for use by the personal care and pharmaceutical industry.
With these improvements, the minerals side and the operating personnel are well poised for the future growth we expect, as we work to expand our markets.”Randy Johnson, President, Vanderbilt Minerals, LLC
The recent expansion includes a new automated packaging facility. VEEGUM® is packaged more rapidly on the new system, which includes an automated bagger, conveyor belt with detection equipment, and a robotic palletizer.
The packaging for VEEGUM® is also revolutionary. VEEGUM® is now packaged in a bag that preserves its quality and makes for easier shipping and packing. In addition, customers have an easier time handling and using the re-sealable 3-layer laminated bag, which has an easy-pour spout.
Another feature of the new VEEGUM package is its recyclability. “The old fiber drums were labor intensive, and they couldn't be recycled,” explains George Collins. Attention to recycling is something that has earned Vanderbilt attention in Murray, Kentucky. “We have a good record on environmental safety,” reports Bill France.
Company to Develop New Subsidiaries; Complete $30 Million Expansion Project
R.T. Vanderbilt Company, Inc. is announcing important business changes for 2013, including the completion of an expansion project and the development of new business-focused subsidiaries.
To support the future growth and focus of the company, effective January 1, 2013, the company will reorganize its North American operations around three new wholly owned subsidiaries.
The reorganized structure will introduce vertically integrated businesses better equipped to meet customer needs and position the company for market growth - both through mergers and acquisitions and organically. The new operating organizations will align the key customer facing functions (Sales, Customer Service, Technical Support and Supply Chain) under new business leaders to deliver more focused efforts on their respective markets and customer results.
Non-customer facing functions (Treasury, Accounting, IT, Product Assurance and HR) will be organized as a shared services entity delivering improved effectiveness and efficiencies to its internal customers. These changes are expected to position each business group for market flexibility and stronger growth.
"R.T. Vanderbilt Holding Company's new organizational structure will allow us to concentrate and grow our businesses in our traditional areas of strength, including chemicals and minerals" commented President & COO Roger Price. "These changes will capture the momentum that our company has already seen in these markets, and provide new opportunities for us to demonstrate our commitments to providing unequaled value in our products and services."
The reorganization will result in the following structural changes:
Senior leadership, ownership and the financial strength of R.T. Vanderbilt Holding Company,; Inc . will not change as a result of the reorganization, and the new business groups will operate as divisions within the overall company.
Additionally, R.T. Vanderbilt's previously announced $30 million expansion project at the company's Murray, Kentucky chemical facility will be completed by the summer of 2013. Completion of this project will significantly increase capacity and capabilities for future growth of its chemical products and add automated packaging capabilities to the VEEGUM® product line.
R.T. Vanderbilt, headquartered in Norwalk, CT, operates two chemical manufacturing plants in the U.S. in Bethel, CT, and Murray, KY and also is a distributor of chemicals and polymers for many large suppliers. The company additionally operates mines in various locations throughout the U.S. to provide kaolin clay, bentonite, pyrophyllite, wollastonite, and other processing aids for industrial and life science applications. The company, founded in 1916, recently celebrated its 99th anniversary.