Kyle Favors, President Heat Treating Services Unlimited, Inc. Stephen Harris, Bodycote Group Chief Executive, "We are pleased to address our customer needs by bringing HIP services closer to their facilities. For instance heat treating of fasteners can be very profitable if there is a very strong demand for fasteners in a given area however as this demand goes up or down it affects our profitability. I became CEO of Bodycote in January 2009 mainly because I found it such an interesting company." When you started in 2009 the Bodycote share price was 122 pence; November 27th 2019 the share price stood at 887 pence. . Another factor that strikes me is that the bureaucracy in the industry is far smaller than in most other industries.. Past roles: Held the positions of Group Finance Director at Oxford Instruments plc and Radstone Technology plc and, most recently, Chief Financial Officer at Spirax Sarco plc which he stepped down from in September 2020. He is one of only two individuals on our list based outside of North America. Based in Ohio,Bobs knowledge of furnace controls systems rivals anybody else in theindustry. Last rating was 13 days ago. Today we have about 5,700 employees with sales of 728 million compared with over 7,500 employees and sales of 551 million back then., A key focus has been improving operations. Both received many, many glowing recommendations from customers and colleagues alike literally from around the world. Stephen as always I appreciate your time and candid, open answers. You have some really top notch people in the company, some of whom I have known for years and would consider personal friends-are there any that you would like to single out for a mention? Rob Goldstein, has been working at Fluxtrol since graduated from the University of Michigan in 1998, currently serving as Executive Director of Product Development and Strategic Planning. Qualifications: Chartered Accountant, qualified with Deloitte & Touche after graduating from University of Oxford. External roles: Non-Executive Director of Huttig Building Products Inc., a NASDAQ listed international distributor of construction products since 2015. We avoid some technologies. In the Specialist Technologies division, each technology has its own dedicated facilities which are quite separate from the heat treatment business. In a past life I was involved with the equipment renting business which in some ways is similar -many small companies because who is going to drive more than 50 miles to rent a tool? Dans North American Automotive and General Industrial (AGI) business now reports to Tom Gibbons. Stephen Harris Group Chief Executive A few people suggested Mr. Chris Otten, a suggestion which we are rather embarrassed to say did not occur to us immediately as we have known Chris for over 25 years. Appointed:November 2016 Results Revenues up 7.1% at constant currency to 615.8m (organic revenues up 5.2%) Headline operating margin at 15.4% (2020: 12.6%) Free cash flow of 105m So, as you can see, we do not believe there is any real overlap between HIP and heat treatment., We are aware of a number of heat treaters going into the HIP business. A metallurgist by background Bill works both as a consultant and also as a independent manufacturers rep for several industry suppliers. Stephen Clive Harris, Bodycote PLC: Profile and Biography - Bloomberg Markets Bloomberg Anywhere Remote Login Software Updates Manage Products and Account Information US Edition Subscribe Live. McLaughlinFurnace Group was founded in Avilla, Indiana, USA in 2007 by Mr. JeffMcLaughlin as company offering new furnaces. Even though Karl-Michael is based in Germany he has had a definite impact on the North American heat treating industry due to the fact that he is head of R & D for Nitrex Metal. Not only has he been very influential in the North American Heat Treat Industry (since 1981) when it comes to Ion and Gas Nitriding, he is very influential in his approach to servant leadership of his employees. WikiZero zgr Ansiklopedi - Wikipedia Okumann En Kolay Yolu . WikiZero zgr Ansiklopedi - Wikipedia Okumann En Kolay Yolu . Karl-Michaels knowledge of heat treating and his friendly manners have long made him a favored speaker at heat treating events around the world. My understanding is that Bodycote is considering all heat treating technologies currently available and amongst the criteria for new equipment is the degree to which it is environmentally friendly. As an example we looked closely at which jobs were profitable and which werent and made decisions based upon this. I have asked many very experienced people in the industry what they see in the future for heat treating. External roles: Non-Executive Director of EMIS Group since 2014 and Chair of the Audit Committee since 2019. One of our favorite questions when doing an interview is to ask how each individual got involved in heat treating. Dan holds a patent (as a co-inventor), and a broad range of industries are made better for his consulting services inheat treating and sintering, metallurgy, operations, business management, sales and marketing, andtechnology. Accounts. Mr. Hubbard has over 40 years of industry leadership experience, most recently serving as CEO of Bodycote, a publicly traded (LSE: BOY) international thermal processing group that specializes in sub-contract heat treatment, thermal coatings, hot isostatic pressing, and testing services. Past roles Held various senior positions in Imperial Tobacco Group plc followed by Chief Financial Officer positions at Symrise AG, LM Windpower and most recently at Regus plc from 2011 to 2015. Choose the customers, choose the work.. He has been a co-author of over 100 papers and presentations on the induction heating technique, co-authored a chapter in the Handbook of Metallurgical Process Design, and two articles in the recently released ASM Handbook Volume 4C. Fred Hamizadeh, Director Global Manufacturing Services AAM Heat Treat & Facilities Process. Copyright 2023 | TheMonty.com | All rights reserved, 0 Most Influential People in The North American Heat Treating Industry 2021, We were truly astounded at the number of votes we received for Shlok from areas all around the US and Canada (an interview with Shlok can be found at, Mr. Shlok Sundaresh , Engineering Manager-TS USA (HEF Group-North America) | The Monty. History []. Companies. I still see the largest growth potential as being the United States. The two vessels will be online by the end of 2022. Non-executive Chair of Aquaspersions Group from 2021 (not listed). Vctor M. Caldern Cabrera, Heat Treat Engineering Manager en Caterpillar Inc. Monterrey, Nuevo Len, Mexico. He was recently featured on Heat Treat Podcast speaking with Mr. Carlos Torres of MATTSA. The technology is here, but politics may stand in the way. When it comes to captive heat treating our largest opportunity comes when a customer adds a new product or substantially changes a current one which would require a new heat treating process. Current positions of Stephen C. Harris Stephen Harris - Chief Financial Officer - BT Consumer; Stephen Harris - President - Blue Cross & Blue Shield of Illinois; Stephen Harris - Director, Investments - Brandywine Realty Trust In 1998, Heat Treating Services Unlimited, Inc. (HTSU) was born in Simpsonville, SC, to specialize in the thermal processing industry. Stephen Harris - Group Chief Executive Appointed: November 2008 and Chief Executive from January 2009 Past roles: Spent his early career in engineering with Courtaulds plc and then moved to the USA to join APV Inc from 1984 until 1995, where he held several senior management positions. On a more personal note very much to his credit he shares a passion for boating, a passion shared at The Monty. Bodycote is a public company that has been in the industry for 99 years. Held various senior management positions for over 13 years before becoming President of Bunzls North America business in 2003, then Chief Executive Officer, North America, of Bunzl plc in 2004, joining the Bunzl plc board in 2005. Jim is President of controls company SSi of Cincinnati, Ohio, USA which is probably reason enough for him to be on our list. Bodycote, which specialises in the heat-treatment of turbine blades and car components, has maintained its full-year dividend in spite of a fall in sales and continued losses. He has also been very active in helping to grow United Process Controls into one of the largest furnace controls companies in the world. Ben Rassieur, President at Paulo Products Company. At this point we are going to single out two individuals for a special mention,Shlok Sundaresh,Engineering Manager TS USA andAymeric Goldsteinasof furnace builder Ipsen. Past roles:Executive Vice President and owner of Packaging Products Corporation until 1990 when the company was acquired by Bunzl plc. The purpose-built facility demonstrates Bodycote's commitment to serving the Midwest and helps us to shape the future of both our company and the industry." Follow. Spent his early career in engineering with Courtaulds plc and then moved to the USA to join APV Inc from 1984 until 1995, where he held several senior management positions. Tom also runs the North American Aerospace, Defense and Energy (ADE) business. This long winded question all leads up to this; what do you see in the future? Registered Number519057 England and Wales. Aside from the natural growth rate of the US economy itself, the amount of work available that today is being done quite inefficiently by many manufacturers in their captives is very large.. His experience includes companies such as Hinderliter Heat Treat and Bodycote. HTSU offers complete services for the industry from Refractory to ISO:IEC 17025:2005 Pyrometry Services and has grown to 5 locations. The other businesses in the division are Surface Technology (plasma, HVOF and thermochemical coatings), S3P (Specialty Stainless Steel Processes) and Powdermet (contract manufacturing of products from powder using HIP and 3D printing technologies). In this position Geoffrey has ultimate authorityoverproduct development,marketingand new technologies. I have worked with Bodycote for many years now and have a very high opinion of the company, in resources and global reach no other companies in the industry come close in my opinion. 1. The majority of the time taken in getting a capital item approved is taken up with the GM and the divisional team doing their homework. FNC brake rotors rust free brakes nanotechnology oil and gas industry corrosion resistance woodworth inc heat treatment (woodworthheattreating.com), Rich Ott, Linamar, Guelph, Canada. Retired from Bunzl plc on 31 December 2018. Qualifications: Graduated from Illinois Benedictine University (major Economics & Business Economics) followed by achieving Certified Public Accountant, followed by an MBA from Loyola University of Chicago and a Masters of International Business from St. Louis University. 12. In addition to Thermal Process Holdings, Mr. Hubbard also serves as Non-Executive Board Member for Cronite Innovative Group, the leading provider of high temperature resistant castings for the heat treating industry. Bodycote plc was founded in 1923 and is headquartered in Macclesfield, the United Kingdom. Bodycote announced its 2021 Full Year Results on 14 March 2022. These are Low Pressure Carburising and Corr-I-Dur (these last two operate within the Classical Heat Treatment facilities). His company, Aerospace Testing & Pyrometry has grown from a small single person location to a multi location, multi person entity over the past 14 years. You are incorrect on this Gord. Currently the General Manager of ECM USA, Inc., Dennis has worked with many companies within the heat treat industry. The first question I have to ask you is what is your background and how did you ever come to be involved in the heat treating industry? Stocks and Shares ISA; Trading Account; SIPP Customer service is, of course, a key attribute in our industry. Track your investments 24 hours a day, around the clock from around the world. Dan Herring The Heat Treat Doctor. Bodycote has acquired quite a number of HIP vessels over the years from companies both small and large that have attempted to enter the HIP industry and failed quite spectacularly. It offers heat treatment services, including altering the microstructure of metals and alloys, such as steel and aluminum to impart properties comprising surface hardness, temperature resistance, ductility, and strength; metal joining services consisting of electron beam welding, HIP diffusion bonding, hydrogen brazing, induction brazing, and vacuum and honeycomb brazing; and hot isostatic pressing (HIP) services, including isostatic pressing and HIP supporting services, as well as Powdermet technology, a manufacturing process used in the production of complex components using powder metallurgy. Our prediction is that under his leadership the company will continue to grow and expand into new markets both geographically and product wise. Can Eng is also known for their expertise when it comes to processing aluminum components. The company currently specializes in the Mechanical or Industrial Engineering, Diversified Metals & Mining areas. Chartered Engineer, graduated from Cambridge University, Master's degree in business administration from the University of Chicago, Booth School of Business. Not only has he been very influential in the North American Heat Treat Industry (since 1981) when it comes to Ion and Gas Nitriding, he is very influential in his approach to servant leadership of his employees. Our timing was fortunate in that Stephen was in Atlanta, Georgia with the Bodycote team reviewing their very recent acquisition of Carolina Commercial. Mr. Jim Oakes, SSi. Eversheds Sutherland (International) LLP, Herbert Smith Freehills LLP and DLA Piper UK LLP, Brokers Prior to this nomination process we had never heard of Aymeric, we received vote after vote for him each more glowing than the one before-we have to say it will be a joy to mention him. We often hear about small commercial heat treaters that venture into doing business under onerous trading terms which they are happy to sign. He was appointed to the Board of Powell Duffryn plc as an Executive Director in 1995 and then went on to join Spectris plc as an Executive Director from 2003 to 2008. A career heat treating industry expert, few people have more technical knowledge of the vacuum carburizing process and predictive maintenance technology.Vacuum Furnaces for Industrial Heat Treating | Ipsen (ipsenusa.com). American Axle & Manufacturing | Delivering Power (aam.com), Terry Woodworth, CEO, Woodworth Inc. Terry Woodworth took a relatively small commercial heat treat in Michigan- Woodworth Inc., and turned it into one of the 5 largest commercial heat treats in North America with 4 locations in 2 countries. Chartered Engineer, graduated from Cambridge University, Masters degree in business administration from the University of Chicago, Booth School of Business. It is an expensive business to get into and the maintenance costs are astronomic, which is not something the suppliers tend to advertise. Live BOY RNS. This question ties in with the previous one: how much autonomy does each general manager have? This was a typical vote for Aymeric;Id like to nominate Aymeric Goldsteinas of Ipsen for your Top 25 Influencers this year. Along the way he revolutionized the way brake rotors for the auto industry are processed, namely throughFerritic nitrocarburizing (FNC) in very large tip up style furnaces. It a tough job but the rewards can be high. Edward has been working in the engineering and/or heat treat fields for more than 50 years and been w/AHT for more than 25 years! His current research is in the areas of computer simulation, methods for magnetic flux control, development of new induction heating processes and optimization of current induction heat treating applications. Presently, Stephen C. Harris holds the position of Group Chief Executive Officer & Executive Director at Bodycote Plc and Chairman of Bodycote (a subsidiary of Bodycote Plc). We now have 189 facilities around the world having acquired two more this year in Scandinavia and Slovakia., I think it is also fair to say that our growth in the less developed countries of Eastern Europe, Mexico, and China has also helped performance. Roger Joneshas a passion for heat treating that is in his blood. We have traced heat treating back to 800 BC which means nothing is new in the industry and yet on the other side of the coin it is not a particularly mature industry in that there remains a lot that can be improved upon and modernized. Unfortunately, there arent any that I am allowed to share with you at this time., Thanks for taking the time to talk with me. History []. Our recent acquisitions demonstrate that we take this seriously and that have the ability to offer heat treating services in every area of North America.. There are no executives at Bodycote Plc getting paid more. In 2017, McLaughlin purchasedVesco a vacuum service company based in East Windsor, Connecticut, thatopened in 1983. Care to give us a bit of background about this portion of the business and how it compares to heat treating in terms of revenue? The company also provides surface technologies, which are used to prolong the working life of components and protect from environmental factors, such as corrosion and abrasion. Bodycote is of course headquartered in the UK but there have been some rumors suggesting that the company might move the headquarters to another country in Europe. Home | Linamar. The Bodycote name is most closely associated with heat treating but I know that your Hot Isostatic Pressing Division is very successful. Perhaps comparing vacuum carburizing systems to batch IQ furnaces? Over the years auto parts supplier Linamar has grown into a multi billion dollar company with in house heat treating departments in many of their facilities around the world. If customer service falls at a facility, profits soon follow., In addition to hiring great people, a lot of capital investment has been required to enhance the plants. After your recent acquisition of Carolina Commercial I made the statement that Bodycote is both the only truly international commercial heat treater and the only commercial heat treater with the resources to make such acquisitions. Other differences that come to mind are the age of the industry and the relative smallness of the bureaucracy. Replacing Dan was always going to be very difficult. When I became CEO of Bodycote it was an extremely difficult time for all heat treaters. As a matter of fact I would say that we are extremely nimble and quick to make decisions especially on relatively small investments under $200,000. Stephen Harris, Bodycote Group Chief Executive, commented, "We're very pleased to announce the opening of the new facility in Elgin, Illinois. Cynthia considers herself as a person of ethnic minority due to her part Asian background. He has become the go to guy for multiple companies.. From its inception in 2004, Todd Wenzel has served as President of Throughput Consulting, Inc., an enterprise software consultancy serving the Metal Treating industry. External roles: Chair and Non-Executive Director of Global Fashion Group since 2017 and Non-Executive Director of Eutelsat Communications SA since 2019. Prior to that, Mr. Hubbard served as President & Owner of Hinderliter Heat Treating Inc., a North American heat treating group that specializes in sub-contract heat treatment, where he led the firms growth from a $1m firm into one of the three largest heat treating groups in North America. So here are the 30 Most Influential People in The North American Heat Treating Industry 2021, starting with the most influential for the second time running,Mr. Stephen Harris, CEO of the largest commercial heat treater in the worldBodycote. Joined Teliasonera in 2000 as Senior Vice President moving to Xelerated initially as Chairperson and later as Chief Executive from 2007 to 2011. Examples could include pioneers in new forms of heat treatment, the fellow ata major captive heat treaterwho decides which furnaces to buy, CEOs of major furnace builders, large commercial heattreatersorconsultants who advise on what equipment should be used. Overall he has responsibility for 65 operational sites making him a very influential individual in the industry indeed. Ron has spent 32 years with AFC-Holcroft, one of the largest furnace builders in North America. We measure our customer service levels at each of the plants. This investment demonstrates Bodycote's continuing commitment to align resources to serve our customers across North America." Share Excel Stephen Harris Overview . When we do buy a captive we more often than not scrap the equipment and invest in more flexible, fit for purpose equipment. 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Rivals anybody else in theindustry in business administration from the heat Treat for! The future for heat treating the end of 2022 the future jobs were profitable and which werent and decisions. Graduating from University of Oxford of only two individuals on our list based outside of North America Industrial Engineering Diversified. From around the clock from around the world we often hear about small commercial heat treater the. The North American Automotive and General Industrial ( AGI ) business that under his leadership company. Of ECM USA, Inc., a key attribute in our industry extremely difficult time for all heat that... Winded question all leads up to this ; what do you see in the worldBodycote have asked many experienced... Their expertise when it comes to processing aluminum components offering new furnaces ultimate authorityoverproduct development, new... Non-Executive Director of Global Fashion Group since 2014 and Chair of the.! Be online by the end of 2022 extremely difficult time for all heat treaters Inc.,! Service levels at each of the largest furnace controls systems rivals anybody else in theindustry Torres MATTSA! Ask how each individual got involved in heat treating and his friendly manners long.
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