Needville, TX 77461, US
With $2 million in customer commitments secured and having completed R&D, testing and market development, TekManna is ready to build a nutraceutical production facility as a vertically integrated, business-to-business producer of a USDA Certified Organic Chlorella nutritional supplement regarded as one of the few protein and vitamin packed “super foods”.
Part of the $23 billion vitamins, minerals and supplement industry which is growing at 7%-9% annually, the current Chlorella market is $127 million with all product currently being imported from China, Korea and other points in Asia. Being the only U.S. producer, TekManna is poised to be the U.S. market leader within three years while making major inroads into international markets.
The projected EBIDTA of $22 million can be reached in year-5 by signing contracts with only a few dozen customers, providing a potential 42x ROI.
TekManna’s closed-loop production system positions the product to meet the top industry recognized quality standards including cGMP, USDA Certified Organic, kosher, California Prop 65 along with the “Made in USA” label.
Products / Services
USDA Certified Organic Chlorella Vitamin and Mineral Dietary Supplement
Chlorella is a nutritional food supplement. It is one of the few “super-foods” that is high in protein, carbohydrates, fiber, chlorophyll, vitamins A, B1, B2, B6, B12, C, D and E along with many beneficial minerals. It has 55 to 65 percent protein (higher than beef) with 18 different amino acids in them that are in the correct ratio to one another.
Chlorella has ten times the beta-carotene of carrots and is rich in most B vitamins except folic acid, but particularly high in B-12 and is excellent for vegetarians.
According to a 2013 Council for Responsible Nutrition (CRN) consumer survey, 68% of U.S. adults reported taking a dietary supplement. 97% of both men and women taking supplements take vitamins and minerals.
President Executive Officer
Mr. Howell is President and primarily focuses his efforts on developing process and quality controls. Highlights of his business experience include: Founder and President of Light Process Company, Texas. A manufacturing firm. $12 million revenue, named to Houston Business Journal 100 Fastest Growing Private Firms three years in a row. Founded retail aquatic nurseries in two Texas cities. Businesses includes algae and aquatic management, design, and installation for Clients. Teaches college courses in Entrepreneurship, Innovation, New Business Development, International Business, and General Management at Houston Baptist University. BBA Texas A&M, focus in Chem E., MBA from HBU.
Vice President Technology Officer
Founder and owner of ComputerLand – Texas. Six retail locations. $10 million Revenue within 3-years. Founded and managed an emergency management technology company that developed and installed E-911 Systems from Alaska to Florida. Founded and managed a technology consulting firm supporting the oil and gas industry. Designed and developed systems to monitor offshore drilling rigs and ships using low earth orbiting satellites, still in use today. Fortune Magazine: Named 1 of 7 Self-made Millionaire Entrepreneurs Under Age of 30.
Vice President Business Development
Technology consulting and equipment sales for NCR Corporation, and the AM Corporation for 10 years.. Owner and Vice President of Houston Information Systems, a financial processing firm. Founded and managed an IT consulting company in Texas. 38 employees. Primarily serviced Fortune 50 clients and state governments.