Business View Magazine - November 2016

Business View Magazine - November 2016 155 derground sandstone of iodine-rich brine some 7,000 feet below the earth’s surface located in Woodward and Dewey counties. From its 44,000 square foot, state-of-the-art facil- ity, six miles from the town of Woodward, Deepwater Chemicals manufactures a portfolio of over 20 spe- cific iodine derivatives with multiple variants. In many instances, its clients have come to the company with a need for a particular compound and Deepwater, af- ter applying its expertise in iodine chemistry, has cre- ated, manufactured, and, often scaled-up a custom- designed derivative that solved a particular problem or maybe even became a brand a new product. Last October, Business View Magazine spoke to Steve Wachnowsky, Vice President and General Manager of Deepwater, President, Nick Shimbo and Sales Manag- er, Pamela Curry. We checked in with them, recently, to see what this innovative and dynamic company has been up to over the past year. Curry reports that since we last spoke, Deepwater has continued to focus on expanding the business through product portfolio extension, new product develop- ment, and penetration into diverse niche markets. “To do that, we’ve expanded our sales and marketing capabilities by adding two new people to our staff for outside sales,” she says. “And we are focusing on our expertise in iodine chemistry to secure new business.” Wachnowsky elaborates upon Deepwater’s expertise by explaining that the company is a cGMP manufac- turer. cGMP refers to the current Good Manufacturing Practice regulations and guidelines enforced by the U.S. Food and Drug Administration (FDA). cGMPs pro- vide for systems that establish documented evidence which provides assurance that a process will consis-