Smart Balance, Inc · Paramus, NJ United States ·(NASDAQ (GM): SMBL)
Company Description
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This link will open in a new window Smart Balance hopes you spread it on thick. From buttery spreads to cream cheese, mayonnaise, peanut butter, and popcorn, the company touts its trans-fat-free food products as alternatives to traditional items, such as butter, cheese, and milk. Smart Balance products are based on a patented blend of vegetable oils that provide a balance of natural fats to help improve blood cholesterol. Some of its spreads incorporate Omega-3 fatty acids from flax and fish oil intended to reduce heart disease risk. It sells the Smart Balance, Earth Balance (natural and organic), SmartBeat, and Nucoa brands to supermarkets, convenience stores, and mass merchandisers in the US. Adage Capital Partners owns some 11% of the company. To read the full description, subscribe now.
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Key Smart Balance, Inc Financials
| Company Type | Public - NASDAQ (GM): SMBL Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $221.9 |
| 2008 Employees | 60 |
Smart Balance, Inc Executives
21 executives listed for Smart Balance, Inc's Paramus, NJ location.
| Title | Name & Bio | Contact |
| Chairman and CEO | Stephen Hughes | Network |
| Director | James Lewis | Network |
| Vice Chairman | Robert Gluck | Network |
Competition
Competitive Landscape for Smart Balance, Inc
Demand is driven largely by demographic shifts, particularly trends in population and age, working women, race and ethnicity, household size, and levels of disposable income. The profitability of individual companies depends on a good product mix and efficient operations. Large distributors are advantaged by bulk purchasing and economies of scale in distribution. Smaller companies can compete effectively by specializing in organic, natural, or kosher products or focusing on a geographical area. Average annual revenue per worker for a typical company is $675,000. To read the full description, subscribe now.Top Smart Balance, Inc Competitors
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