Pelican BioThermal Wins 2019 Progress Minnesota Award

Company Receives Distinctive Recognition for Driving the State’s Economic Growth and Innovation

Minneapolis — Pelican BioThermal, the global name in temperature-controlled packaging, announces it has been named a 2019 Progress Minnesota honoree by Finance & Commerce magazine. The company received the award on April 17, 2019 in the manufacturing category for its outstanding efforts to grow Minnesota’s economy.

“We’re very honored to join Minnesota’s forward thinkers and innovators as one of this year’s Progress Minnesota award recipients in manufacturing,” said David Williams, president of Pelican BioThermal. “It’s a testament to our ongoing efforts to fulfill the complex needs of the global life sciences industry as well as further local economic prosperity.”

Pelican BioThermal, headquartered in Plymouth, Minnesota, has been on an impressive upward trajectory in recent years. The company continues an aggressive worldwide expansion for its Crēdo™ On Demand rental program with new network locations in Los Angeles, Indianapolis, Indiana, Dublin, Ireland, Jeddah, Saudi Arabia, and Sao Paulo, Brazil. This expansion in addition to a 90% increase in the container fleet has helped support a 90% increase in revenue from its On Demand rental business. Pelican BioThermal also recently added proven industry leaders and experts to its team to help their customers, eight of the top 10 pharmaceutical manufacturers worldwide, protect their life-saving products during shipment.

“Minnesota has been a hub of biopharma development for decades, and we have worked hard to match the pace of innovation,” said Williams. “We are grateful to have the opportunity to mine exceptional local talent that drives this type of innovation to protect the delivery of the latest generation of medical treatments and blood products.”

Pelican BioThermal joins 23 other individuals, companies, organizations and institutions being recognized for driving economic growth and innovation in Minnesota. This is the eighth year of the Progress Minnesota awards, where a panel of independent Finance & Commerce judges select honorees in seven categories: individual, financial services, manufacturing, technology, nonprofit/government organization, food and beverage and other.

Visit www.pelicanbiothermal.com to learn more about the Pelican BioThermal portfolio of thermal packaging products and our history in Minnesota since 2004.

Pelican BioThermal is a division of Pelican Products, Inc., which is a portfolio company of Behrman Capital, a private equity investment firm based in New York and San Francisco.

About Pelican Products

Pelican Products, Inc. is the global leader in the design and manufacture of high performance protective cases, temperature controlled packaging solutions, advanced portable lighting systems and rugged gear for professionals and outdoor enthusiasts. Their products are used by professionals in the most demanding markets including fire safety, law enforcement, defense / military, aerospace, entertainment, industrial and consumer. Pelican™ products are designed and built to last a lifetime. The company operates in 21 countries, with 22 international sales offices and six manufacturing facilities around the globe. In Europe, the company does business under the name Peli Products, S.LU. For more information, visit www.pelican.com or www.behrmancap.com.

About Pelican BioThermal
Pelican BioThermal LLC offers the widest range of thermally protected, temperature-controlled packaging and service solutions to the global life sciences industry. The company’s products ensure that delicate biological materials arrive intact and effective, despite exterior environments. Pelican BioThermal is dedicated to developing innovative products designed to fulfill the complex needs of the global life sciences industry. The company’s efforts have received recognition including the U.S. Army’s Greatest Inventions award, the Made in Minnesota Manufacturing award for supply chain innovators, the Asia-Pacific Bioprocessing Excellence Award and the Progress Minnesota award for economic advancement. The company’s customers benefit from its extensive expertise in ensuring that temperature stability is maintained throughout the distribution chain. The company also offers a complete portfolio of services and software to support end-to-end temperature-controlled packaging asset management. In Europe, the company does business under the name Peli BioThermal Limited. For more information, visit pelicanbiothermal.com. All trademarks are registered and/or unregistered trademarks of Pelican Products, Inc., its subsidiaries and/or affiliates and others.