Tokyo, Japan
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Tokyo, Japan
2021 Sales: ¥ 55,755 milliona
T.Hasegawa is keen to make headlines reporting the latest trends across the flavor industry. From shifts in food service menus to what consumers are snacking on, the company is quick to gather intel and utilize findings to be a beacon for flavorists on what’s new, now and next for the industry.
Other news headlines surfaced with the company’s forthcoming manufacturing facility located in Rancho Cucamonga, California, set to be fully operational in 2022. More details on that launch in the pages ahead. T. Hasegawa will also touch on the integration of Mission Flavors and Fragrance, Inc., which the company acquired in early 2021.
To remain on the cutting edge of flavor creation, T. Hasegawa introduced two new lines of technical innovations targeting accelerated revenue growth with the launch of two flavor modulation technologies. T. Hasegawa USA, Inc.’s CEO Tom Damiano is set to discuss these innovations, key trends shaping the industry as well as the company’s biggest accomplishments over the last 12 months.
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Takao Umino
President and COO, T. Hasegawa Co., Ltd.
Tom Damiano
CEO, T. Hasegawa USA, Inc.
What was your company’s biggest business accomplishment in the last year?
There have been many developments over the past year which have continued to grow T. Hasegawa’s business and strengthen our operations throughout North America.
Recently, T. Hasegawa purchased a new state-of-the-art manufacturing facility located in Rancho Cucamonga, California, that will increase production of liquid and spray dry capacities to meet projected demand for primarily sweet flavors. This facility will be fully operational in 2022. The strategic expansion of facilities will generate positive top-line growth quickly while maintaining our long-term vision to increase production capacity and benefit from increased scale with this new expansion—all of which will drive further innovation of sweet flavors. The new Rancho Cucamonga facility will provide a sophisticated foundation for existing manufacturing capabilities, and a source of growth for our business in the future. As the new facility officially opens and becomes fully operational this year, we look forward to our continued contribution to job creation and economic development in this region.
Early last year, T. Hasegawa also expanded its reach in the U.S. market with the acquisition of Mission Flavors and Fragrances, Inc. This acquisition aimed to better serve customers with a broader range of flavors within dairy, bakery, plant-based meat alternatives, fruit-filling and confectionery categories. The initial acquisition was followed by a seamless post-merger integration, which was complete in 2021. Diligence in building clear milestones and objectives into the plan to ensure that key integration and improvement steps are achieved on time were pertinent to the success. T. Hasegawa’s leadership strongly believes that the acquisition will make a significant contribution to the financial well-being, market share and importance of our organization through the synergies. The acquisition allowed us to continue accelerating our business unit strategy, portfolio strategy and enhance new market growth opportunities.
For the full article, please check out the Perfumer & Flavorist+ July 2022 issue.
