We recently told you about the planned acquisition of SensoryEffects in Defiance by New York based Balchem Corp.
Now, the Crescent News is reporting that there will be little if any changes for those working there, and that’s good news.
SensoryEffects says the company is “operating as is, with no plans to change anything. They also definitively said that the Defiance plant won’t be closing. In fact, the company is now looking at expansion.
SensoryEffects employs approximately 102 people in Defiance.
The purchase price of SensoryEffects was $567 million and the acquisition is expected to close within the next 40 days.