Hawkins Inc (NASDAQ: HWKN) is a water treatment and specialty ingredients company that formulates, manufactures, distributes, and blends chemicals and related products across three segments: Water Treatment, Food and Health Sciences, and Industrial Solutions. Revenue is transactional, generated by selling chemicals, filtration media, equipment, and services directly to industrial, municipal, food, and health sciences customers across the United States. As of March 29, 2026, the company operated with approximately 1,200 employees, all based in the United States. Hawkins grows partly through tuck-in acquisitions, completing three deals in fiscal 2026 including Redbird Chemical ($4.6M), StillWaters Technology ($4.3M), and the MakWood lactate business ($1.9M). Patrick H. Hawkins serves as CEO and President, with Jeffrey P. Oldenkamp as CFO. The company's three segments share raw material suppliers and some manufacturing facilities, creating shared purchasing scale across groups.

Revenue model

Transactional product sales of chemicals, filtration media, equipment, and blended specialty ingredients to industrial, municipal, food, and health sciences customers. Revenue is generated across three reportable segments: Water Treatment, Food and Health Sciences, and Industrial Solutions.

Products and services

Water Treatment segment: chemicals, filtration media, systems, equipment, and services for potable water, municipal and industrial wastewater, industrial process water, non-residential swimming pool water, and agricultural water. Industrial Solutions segment: acids and alkalis including liquid caustic soda, sulfuric acid, hydrochloric acid, urea, phosphoric acid, aqua ammonia, and potassium hydroxide, distributed in bulk or repackaged in smaller quantities, with customer blending services. Food and Health Sciences segment: specialty ingredients including lactate products distributed under the Mak Lak trade name (acquired from MakWood, July 2025).

Customers and end markets

End markets include municipal water utilities, industrial manufacturers, chemical processors, electronics, energy, plating and surface finishing, food producers, and health sciences companies. Customers span non-residential swimming pool operators, agricultural water users, and industrial wastewater operators. No customer concentration disclosures were provided in the excerpts.

Value-chain role

Hawkins operates as a formulator, manufacturer, blender, and distributor of chemicals and specialty ingredients, sitting between major chemical producers and end-use industrial and municipal customers. The company sources from numerous suppliers including major U.S. chemical producers, then processes, blends, repackages, and delivers products with direct sales support.

Geographic exposure

United States only, based on the filing. All approximately 1,200 employees as of March 29, 2026 are located in the United States. Recent acquisitions (Redbird Chemical in eastern Texas, StillWaters Technology in Alabama) indicate a multi-region domestic footprint.

Source: SEC 10-K, filed 2026-05-13

Industry: Wholesale-Chemicals & Allied Products Peers: AdvanSix Inc Origin Materials Inc Dow Inc Koppers Holdings Inc Kronos Worldwide Inc Purecycle Technologies Inc Mativ Holdings Inc Tronox Holdings PLC Trinseo PLC Westlake Chemical Partners LP