C O M P A N Y O V E R V I E W
Tech Blend
Tech Blend Celebrates 15th Anniversary Manouk Djoukhadjian, president and CEO of Tech Blend, discusses the company’s business strategy and how Tech Blend has sustained its growth in the industry over its 15 years of success. He stresses the importance of organic growth and how the company will strive to achieve this in the years to come. Written by: Lindsey Ryan
Produced by: Sean Bakke
3
TECH BLEND
Kevin Greene, VP Sales and Marketing once again be attending Plastimagen 2014 November 18 to 21 in México City at the Canadian Pavilion sponsored by Foreign Affairs Trade and Development and Economic Development Canada (EDC) to further develop Tech Blend’s International Sales.
Tech Blend, a manufacturing company based in Quebec, has specialized in customized carbon black concentrates for the plastics industry since its establishment in 1999. Tech Blend combines different types of carbon black concentrate with various polyolefinbased resins to produce a new, more durable plastic product that is protected from UV radiation - This preserves the life of the product and lowers the level of plastic consumption over time. “The role of the carbon black is to extend the life of the 4
December 2014
product. It is one of the most cost effective chemicals to protect plastic products against the sun’s radiation,” states Manouk Djoukhadjian, president and CEO of Tech Blend. This year, the company is celebrating its 15th anniversary and Djoukhadjian is excited for the future. He discusses how the company has sustained its success over the years and what the goals are moving forward. 15 Years of Success With his Engineering degree
M A N U FA C T U R I N G
Quality checks, visual line inspections are performed throughout the production cycle
and over 30 years of business management experience, Djoukhadjian had a vision for the company when he became a Tech Blend shareholder in 2006. He had done some research on Tech Blend and wanted to see it grow financially while simultaneously developing a unique business strategy. “As we developed the business strategy we had to recalibrate the business. We have maintained our main strategy with periodic changes and we’re working to continue to do that. Our current strategy is successful so we continue to use it and modify it as needed,” he explains. Constantly working towards continuous improvement, Tech Blend has re-focused its business strategy over the past 15 years so that
“The role of the carbon black is to extend the life of the product. It is one of the most cost effective chemicals to protect plastic products against the sun’s radiation” – Manouk Djoukhadjian, president and CEO of Tech Blend
w w w . Te c h b l e n d . c o m
5
TECH BLEND the company is prepared to easily adapt to any circumstance that may arise in the work place. For example, Djoukhadjian explains, “We have developed a culture that ensures that if a problem or issue occurs more than once, it has to be eliminated and resolved. We need to find a solution to it. This could involve planning, scheduling or maintenance. It’s a business strategy that was developed about six years ago has shown to be effective and successful.” Achieving Organic Growth While many companies aim for strategic acquisitions, looking forward, Tech Blend is
Solutions for all your business needs
Let’s talk. Congratulations Tech Blend on your 15th anniversary! Pierre Franzidis* CLU Tel: 514-866-5811 ext 2286 pierre.franzidis@sunlife.com www.sunlife.ca/pierre.franzidis 1001 Square Dorchester, Suite 600 Montréal, QC H3B 1N1
Life’s brighter under the sun Financial Security Advisor and Group insurance and group annuity plans advisor Sun Life Financial Distributors (Canada) Inc.†, Financial Services Firm *Mutual funds representative, Sun Life Financial Investment Services (Canada) Inc.† Sun Life Assurance Company of Canada is a member of the Sun Life Financial group of companies. © Sun Life Assurance Company of Canada, 2014.
Whether it’s a business plan, a financial plan or a group benefits plan, as a business owner, you know how important it is to be prepared. Helping business owners like you, we’ll work together to build a plan that suits you and your employees – for a bright today, and an even brighter tomorrow.
M A N U FA C T U R I N G
focusing on organic growth within its industry. Djoukhadjian believes the company’s number one current strategic business goal is to grow organically in active markets rather than achieving vertical integration. To attain this goal, Tech Blend is developing its business to utilize recycled resin, which differentiates it from other companies in the industry. The company offers an economic choice to clients while still providing the most cost effective and durable product. “We are a major user of recycled resin. This has been beneficial because it has taught us to develop the technology and the knowledge to use recycled resin to convert something that is reused, and at a lower value, to make a functional product,� says Djoukhadjian. Additionally, Tech Blend is ISO 9001:2008 certified and ensures the highest quality and stability of every product while providing excellent customer service at the same time. The staff is committed to customer service and strives to deliver the finest concentrates. Recently, the company even built a new distribution center which has enabled the company to serve the industry more efficiently and effectively. Tech Blend has certainly demonstrated its success over the past 15 years, most notably through tremendous company growth and their constantly evolving business plan suggests that Tech Blend can look forward to continued success in the industry.
Company Information INDUSTRY
Manufacturing HEADQUARTERS
Quebec, Canada FOUNDED
1999 EMPLOYEES
45-50 REVENUE
$47-51 M
w w w . Te c h b l e n d . c o m
7
Tech Blend 707 Pierre Tremblay Blvd. Saint-Jean-sur-Richelieu Quebec, Canada, J2X 5G5 (450) 347-4371 www.Techblend.com