Magnablend Corporate Profile

Magnablend, Inc. is a privately held Texas corporation specializing in custom chemical manufacturing, blending, and packaging. Magnablend manufactures products based on each customer's own formulations and specifications, but can assist in the development of new formulations as well.

The company was formed in 1979 by David and Darlene Pendery. David graduated from Texas A&M University in 1969. He worked for 10 years in the chemical industry in sales and as the Sales Manager for a large chemical distributor in Dallas, Texas, before starting the company. David and Darlene retired in 2011.

Current Magnablend CEO, Scott Pendery , joined the company in 1993 to help manage and grow the business. Scott graduated from California State University, Chico, in 1989 with honors.

Scott has overseen the expansion from a single facility in Waxahachie Texas to five facilities in Texas, and operations in Pennsylvania, Wyoming, and North Dakota.

In 2011, Magnablend recapitalized the company in partnership with an investor group consisting of TGF Management Corporation, Austin Ventures, and Cotton Creek Capital. The recapitalization will support Magnablend's continued growth and geographic expansion.