CORPORATE PROFILE - Alltech
CORPORATE PROFILE - Alltech
CORPORATE PROFILE - Alltech
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<strong>CORPORATE</strong> <strong>PROFILE</strong><br />
WHERE INNOVATION COMES NATURALLY<br />
At <strong>Alltech</strong>, our mission is to improve the health and performance of people, animals and plants through nutrition and scientific innovation.<br />
Founded by Dr. Pearse Lyons in 1980, and headquartered in Kentucky, U.S., <strong>Alltech</strong> provides natural, nutritional solutions to the food and feed<br />
industries in North America, Europe, the Middle East, Latin America and Asia-Pacific. Its mission is supported by more than 3,000 employees in 128<br />
countries. <strong>Alltech</strong>’s global presence is also reflected in its research and production, including three major Bioscience Centers in the U.S. and Ireland<br />
and 32 production facilities strategically located throughout the world.<br />
<strong>Alltech</strong> improves health and performance by adding nutritional value naturally through its innovative use of yeast fermentation, enzyme technology,<br />
algae and nutrigenomics. The company’s pursuit of this mission is guided by its founding ACE principle, our promise that in doing business we have<br />
a positive impact on the Animal, the Consumer, and the Environment.<br />
<strong>Alltech</strong> is the only privately held company among the top-10 animal health companies in the world. This is a source of competitive advantage,<br />
allowing <strong>Alltech</strong> to stay focused on customer needs, innovation and long-term objectives. The flexibility has also fueled <strong>Alltech</strong>’s growth, which has<br />
been approximately 20-25% annually. The company is approaching $1 billion in sales and is on target to achieve $4 billion by 2016.<br />
NATURAL SOLUTIONS FOR AN EVOLVING MARKET<br />
<strong>Alltech</strong>’s core business is animal nutrition and aquaculture, which generates 95% of sales. We work with the largest feed manufacturers in the world<br />
and provide them with nutritional technologies that not only improve the bottom line, but are natural and friendly to the Animal, the Consumer, and<br />
the Environment.<br />
Our company also has a growing consumer division that capitalizes on its passionate commitment to<br />
scientific innovation, particularly nutrigenomics and yeast fermentation technology. Products range<br />
from Lyons Farm premium meats, to a line of award-winning beverages, including Kentucky Bourbon<br />
Barrel Ale ® and Town Branch ® bourbon.<br />
<strong>Alltech</strong>.com <strong>Alltech</strong>Naturally @<strong>Alltech</strong>
FUNDAMENTALS<br />
<strong>CORPORATE</strong> <strong>PROFILE</strong><br />
New product development at <strong>Alltech</strong> is the result of synergy between<br />
the company’s primacy in science and its understanding of customers’<br />
needs and expectations. The <strong>Alltech</strong> brand rests on two fundamentals:<br />
excellence in innovation and quality assurance.<br />
At <strong>Alltech</strong>, we foster innovation by nurturing talent at all stages. Our<br />
commitment begins with inspiring scientific and agricultural studies at<br />
the primary school level through the construction of science laboratories<br />
in schools and <strong>Alltech</strong>’s Kidzone program, an online resource teachers<br />
can use to introduce students to agriculture and its fundamental role in<br />
sustaining life. At the collegiate level, the annual <strong>Alltech</strong> Young Scientist<br />
Award competition receives more than 8000 entries worldwide for its<br />
research rewards. To date, more than 110 undergraduate students have<br />
completed an internship program at <strong>Alltech</strong>’s Nutrigenomics Center in<br />
Kentucky, and more than 150 PhD and 70 master’s theses have been<br />
accomplished through work at <strong>Alltech</strong>’s bioscience centers.<br />
In terms of quality assurance, the <strong>Alltech</strong> Quality System (AQS) is<br />
recognized throughout the feed industry as a standard to follow. The<br />
AQS delivers the exact same level of quality assurance and traceability<br />
in each of <strong>Alltech</strong>’s geographical markets, based on a uniform process<br />
designed to meet and exceed other third-party systems of certification.<br />
RECENT EXPANSION<br />
As a family owned and operated company, one of <strong>Alltech</strong>’s cornerstones<br />
of success has always been its ability to reinvest all profits directly back<br />
into its business. We are reinvesting more than $100 million in our global<br />
operations as part of our ongoing expansion this year.<br />
These investments include:<br />
• New production facilities in Georgia and Kentucky; Russia; and<br />
Argentina.<br />
• Upgrades and the installation of new equipment in Kentucky and Dubai.<br />
• Expansion of <strong>Alltech</strong>’s European Headquarters in Dunboyne, Ireland,<br />
and production facilities in Belgium, Brazil and South Africa.<br />
• A major expansion of our brewery in Lexington, Kentucky, that will<br />
increase production one thousand percent to meet the growing thirst<br />
for our Kentucky Ale® family of products.<br />
INVOLVEMENT<br />
<strong>Alltech</strong> believes in giving back to the communities in which we work.<br />
With this in mind, we established <strong>Alltech</strong>’s ACE Involvement Foundation,<br />
a charitable foundation to help fund the philanthropic efforts of the<br />
company, our employees and partners around the world. One component<br />
of this commitment is the <strong>Alltech</strong> Sustainable Haiti Project. Today the<br />
project includes financial responsibility for two primary schools in<br />
northern Haiti and the resurrection of a Haitian gem—the country’s 100%<br />
mountain-grown, organic Arabica coffee. <strong>Alltech</strong> provides a sales and<br />
marketing channel for these coffee beans through its Fair Trade certified<br />
<strong>Alltech</strong>’s Café Citadelle, and profits from the coffee’s sale are reinvested<br />
in the two Haitian primary schools the company supports.<br />
EQUESTRIAN SPORTS SPONSORSHIP<br />
<strong>Alltech</strong>’s commitment to national and international equestrian sports<br />
began with its title sponsorship of the 2010 <strong>Alltech</strong> ® FEI World Equestrian<br />
Games in Kentucky. More than half a million spectators from all 50 US<br />
states and 63 countries attended the event, and another 500 million<br />
television viewers around the world joined in the excitement.<br />
Equine championships are a natural fit with <strong>Alltech</strong>’s passion for peak<br />
animal performance. <strong>Alltech</strong> is proud to continue its sponsorship of<br />
equine competition, including the <strong>Alltech</strong> ® FEI World Equestrian Games<br />
2014 in Normandy, France, the <strong>Alltech</strong> Royal Windsor Grand Prix in<br />
the U.K. and the <strong>Alltech</strong> National Horse Show in the U.S., along with a<br />
number of national events.