11 unchanged sentences
• Performs custom blending of chemicals according to customer formulas and specifications.
−Removed: The group’s sales are concentrated primarily in the central United States, while the group’s products sold into the food and pharmaceutical markets are sold nationally.
+Added: The group’s sales are concentrated primarily in the central United States, while the group sells food and pharmaceutical products, as well as some agricultural products, nationally.
The Industrial Group relies on a specially trained sales staff that works directly with customers on their specific needs.
The group conducts its business primarily through manufacturing locations and terminal operations.
−Removed: Agricultural sales within this group tend to be seasonal, with higher sales due to the application of fertilizer during the typical planting season of March through June given the regions of the country we serve.
+Added: Agricultural sales within this group tend to be seasonal, with higher sales during the typical planting season of March through June given the regions of the country we serve.
Water Treatment Segment.
3 unchanged sentences
We believe that the high level of service provided by these individuals allows us to serve as the trusted water treatment expert for many of the municipalities and other customers that we serve.
−Removed: We also believe that there are significant synergies between our Water Treatment and Industrial Groups in that we are able to obtain a competitive cost position on many of the chemicals sold by the Water Treatment Group due to the volumes of these chemicals purchased by our Industrial Group.
+Added: We also believe that there are significant synergies between our Water Treatment and Industrial Groups that allow us to obtain a competitive cost position on many of the chemicals sold by the Water Treatment Group due to the volumes of these chemicals purchased by our Industrial Group.
In addition, our Industrial and Water Treatment groups share certain resources, which leverage fixed costs across both groups.
−Removed: The Water Treatment group operates out of 39 warehouses supplying products and services to customers primarily in the central United States, throughout the Mississippi River watershed and along the southern United States from Texas to Florida.
−Removed: We expect to invest in existing and new branches to expand the group’s geographic coverage.
+Added: The Water Treatment group operates out of 47 warehouses supplying products and services to customers in 46 states.
+Added: We expect to continue to invest in existing and new branches to expand the group’s geographic coverage.
Our Water Treatment Group has historically experienced higher sales during April to September, primarily due to a seasonal increase in chemicals used by municipal water treatment facilities.
41 unchanged sentences
The primary regulatory bodies in the United States are the Food and Drug Administration (the “FDA”), the Environmental Protection Agency, the United States Department of Agriculture and the Federal Trade Commission, and we are also subject to similar regulators in other countries.
−Removed: In particular, the FDA’s current good manufacturing practices (“GMPs”) describe policies and procedures designed to ensure that nutraceuticals, pharmaceuticals and dietary supplements are produced in a quality manner, do not contain contaminants or impurities, and are accurately labeled and cover the manufacturing, packaging, labeling and storing of supplements, with requirements for quality control, design and construction of manufacturing plants, testing of ingredients and final products, record keeping, and complaints processes.
+Added: In particular, the FDA’s current good manufacturing practices (“GMPs”) describe policies and procedures designed to ensure that nutraceuticals, pharmaceuticals and dietary supplements are produced in a quality manner, do not contain contaminants or impurities, and are accurately labeled and cover the manufacturing, packaging, labeling and storing of products, with requirements for quality control, design and construction of manufacturing plants, testing of ingredients and final products, record keeping, and complaints processes.
Further information related to government regulation applicable to our business is included in this Annual Report on Form 10-K, in Part I, Item 1A - Risk Factors.
8 unchanged sentences
Full-time employees are eligible for health, dental and vision insurance, paid and unpaid leaves, 401(K) plan, retirement plans, life and disability/accident coverage and our employee assistance program.
−Removed: As of April 2, 2023, we had 851 employees across the United States, of which 846 were full-time employees,.
+Added: As of March 31, 2024, we had 934 employees across the United States, of which 928 were full-time employees.
Approximately 41% of our employees were female or racially and ethnically diverse, and approximately 10% were covered by a collective bargaining agreement.
7 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.