|Company's Full Name:||Hawkins, Inc.|
|Trading Ticker Symbol:||HWKN|
|Headquarter City/Country:||Minnesota, MN|
|Primary Industry Sector:||Consumer Durables|
|Seconday Sub-sector:||Specialty Chemicals|
|Main Business Areas:||Consumer Durables, Specialty Chemicals, Basic Materials|
|Dividend Payments:||Dividend History|
|Current Share Price:||$45.81|
|Previous Year's Closing Price:||$40.95|
|Percentage Price Change (YTD):||11.87%|
|Market Cap:||$486.91 million|
|52-week Price Range:||$32.79 - $47.94|
|Dividend Per Share:||$0.92|
Hawkins, Inc., incorporated on December 30, 1955, distributes, blends and manufactures chemicals and specialty ingredients for its customers in a range of industries. The Company conducts its business in three segments: Industrial, Water Treatment, and Health and Nutrition.
The Company's Industrial segment specializes in providing industrial chemicals, products and services to various industries, such as agriculture, chemical processing, electronics, energy, food, pharmaceutical, plating and power generation. Industrial segment's principal products are acids, alkalis and industrial and food-grade salts. The Industrial segment receives, stores and distributes various chemicals in bulk quantities, including liquid caustic soda, sulfuric acid, hydrochloric acid, phosphoric acid, potassium hydroxide and aqua ammonia; manufactures sodium hypochlorite (bleach), agricultural products and certain food-grade products, including liquid phosphates, lactates and other blended products; repackages water treatment chemicals for its Water Treatment segment and bulk industrial chemicals to sell in smaller quantities to its customers; performs custom blending of chemicals according to customer formulas and specifications, and performs contract and private label bleach packaging. The Industrial segment conducts its business primarily through distribution centers and terminal operations.
Water Treatment Segment
The Company's Water Treatment segment specializes in providing chemicals, equipment and solutions for potable water, municipal and industrial wastewater, industrial process water and non-residential swimming pool water. The Water Treatment segment operates out of warehouses in approximately 30 cities supplying products and services to customers primarily in Arkansas, Florida, Illinois, Indiana, Iowa, Kansas, Minnesota, Missouri, Montana, Nebraska, North Dakota, Ohio, Oklahoma, South Dakota, Wisconsin and Wyoming. It operates in the Florida market through The Dumont Company, Inc. (Dumont), with over seven operating locations.
Health and Nutrition Segment
The Company's Health and Nutrition Group specializes in providing ingredient distribution, processing and formulation solutions to manufacturers of nutraceutical, functional food and beverage, personal care, dietary supplement and other nutritional food, and health and wellness products. The Health and Nutrition segment offers a diverse product portfolio, including minerals, botanicals and herbs, vitamins and amino acids, excipients, joint products, sweeteners and enzymes. The Company operates out of facilities in California and New York, and its products are sold across the nation and, in certain cases, internationally.
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