About Armkel, LLC
Whether you call it sodium bicarbonate or plain old baking soda, Church & Dwight is a top maker of the powder under the ARM & HAMMER brand. The global consumer products company has expanded the key brand into a products portfolio powerhouse, with laundry detergent (the company's top consumer business by sales), bathroom cleaners, carpet deodorizer, air fresheners, toothpaste, antiperspirants, industrial-grade carbonates, cat litter, and animal nutrition products. Beyond Arm & Hammer, the company's top brands include XTRA and Oxiclean detergents, Nair depilatories, First Response pregnancy tests, Orajel toothpaste, L'il Critters and Vitafusion gummy vitamins, SpinBrush toothbrushes, and Trojan-brand condoms.
The company operates through three segments.
The Consumer Domestic segment, which makes up 75% of the company's sales, comprises its 10 power brands -- ARM & HAMMER, Trojan condoms, XTRA laundry detergent, Oxiclean stain removers and cleaning solutions, Nair depilatories, First Response home pregnancy and ovulation test kits, Orajel oral analgesics, SpinBrush battery-operated toothbrushes, and L'il Critters and Vitafusion gummy vitamins -- as well as other household and personal care products.
The Consumer International segment (15% of sales) sells primarily personal care products in international markets, including some of its domestic brand lines.
Church & Dwight's Specialty Products segment (some 10% of sales) is what sets the company apart from other consumer products companies. As the nation's largest producer of sodium bicarbonate, it sells a variety of applications for the industrial, institutional, medical, and food industries, manufacturing antacid feed additives for cattle, industrial- and medical-grade sodium bicarbonate (used in kidney dialysis), potassium carbonate (used in video monitor glass), and industrial cleaning products. A small subsidiary in the UK produces specialty chemicals for European markets.
As part of its operations, Church & Dwight owns 50% joint venture Armand Products Company, which operates a potassium carbonate manufacturing plant in Muscle Shoals, Alabama. It also operates a Brazilian subsidiary in Rio de Janeiro, Quimica Geral do Nordeste (QGN).
In addition to the US, where it generates around 85% of its sales, Church & Dwight exports its products to more than 90 other countries. The company's manufacturing facilities and other operations in the US are in Pennsylvania, Missouri, New Jersey, Virginia, Ohio, Wyoming, California, and Iowa. Its international facilities are in Australia, Brazil, China, France, Mexico, Canada, and the UK. The company's US manufacturing facilities are located.
Sales and Marketing
Church & Dwight sells a bulging portfolio of consumer products through a broad distribution platform that includes supermarkets, mass merchandisers, wholesale clubs, drugstores, convenience stores, dollar, pet, and other specialty stores and websites. These customers sell products directly to consumers. It also sells specialty products to industrial customers and distributors. Three customers accounted for 35% of sales in 2016, including
Church & Dwight's annual revenues and profits have been reaching record highs for the past several years as the company has expanded its product and brand lines and has entered new geographic markets.
The company's revenue climbed 3% to $3.49 billion during fiscal 2016 (ended January 2017) with most of the growth coming from a 5% jump in Consumer Domestic product sales stemming from a previous acquisition as well as new product launches.
In addition to the rise in revenue, Church & Dwight's net income jumped 12% to $459 million in 2016 due to slightly lower manufacturing and marketing costs. The company's operating cash levels jumped 8% to $606 million during the year thanks to a rise in cash earnings and favorable working capital changes stemming from lower accounts receivables from factoring as well as higher accounts payable and accrued expenses from the timing of invoice payments.
Church & Dwight continues to introduce new products based on its 10 well-recognized "power brands." During 2016, for example, the company launched innovative new products such as the ARM & HAMMER Clump & Seal Microguard cat litter which destroys and prevents odors, a new dual-chamber dose Oxiclean laundry product, a new beauty line of adult Vitafusion brand vitamins, a GROOVE condom and Riviera lubricant under the Trojan brand, and a bluetooth-enabled Pregnancy Pro product under the First Response brand.
Beyond developing and launching new and differentiated products, Church & Dwight follows several key strategic initiatives: maintain competitive marketing and trade spending, tightly control its cost structure, and pursue valuable brand acquisitions. It also intends to continue to boost its international product sales, and maintain an offering of premium and value brand products. The company's long-term mission is to secure annual organic revenue growth of 3- 4%, gross margin expansion, and tight management of overhead costs.
While Church & Dwight's strong base in the US has helped it weather regional downturns, the company continues to concentrate on its international consumer business. It peddles brands such as Nair in foreign markets and sells Trojan condoms in China and the UK. In addition, its SpinBrush toothbrush is a top seller in Australia, Canada, China, Japan, and the UK.
Mergers and Acquisitions
Church & Dwight has acquired one company per year on average over the past several years to expand its brand and product lines.
In mid-2017, it paid $1 billion to acquire Waterpik, a maker of one of the top water flosser brands and showerhead brands. The buyout added to its own existing oral care portfolio as the flosser products market is a fast-growing platform. The deal also capitalized on the trends of increased gum disease, oral care awareness, and expansion of the middle-class in emerging markets.
In late 2016, Church & Dwight acquired the ANUSOL and RECTINOL brands from Johnson & Johnson for $130 million. Both are the #1 or #2 hemorrhoid care brands primarily in the UK, Canada, Australia, and South Africa markets. The acquisition expanded its Consumer International segment 's product portfolio.
In 2015, Church & Dwight expanded its Specialty Product lines after buying Iowa-based Varied Industries Corporation (VI-COR), which makes and sells feed ingredients for cows, beef cattle, poultry, and other livestock.
469 N HARRISON STREET
Princeton, NJ 08540-3510
Phone: 1 (609) 683-5900
Employer Type: Privately Owned
Employees (This Location): 1,500
Employees (All Locations): 1,500