With these 2 large acquisitions under your belt would it be fair to say that you see the future growth of Bodycote to be mainly through acquisitions? Obviously the names will change to Bodycote. personally worked with Shlok on a variety of projects where his wealth of knowledge helped engineers from several sectors including automotive, hydraulics, firearms, and specialized industrial (carpet and textiles for example). We confidently predict that for many years to come Bill will continue to lead the industry in vacuum technology. 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. I do not agree with this statement! Jeff Hemmer,Chief Executive Officer, President and Chief Operating Officer at Bluewater Thermal Solutions. 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. Its headquarters is located at Macclesfield, England, GB. Bodycote announced its 2021 Full Year Results on 14 March 2022. "With the largest HIP operational capacity in the world, our continued investment demonstrates Bodycote's commitment to align resources to serve our customers across North America." We are often approached to do this, however we are not interested in high volume operations where the only motivation is for the customer to swap their balance sheet for ours. Non-executive Chair of Aquaspersions Group from 2021 (not listed). In 2017, McLaughlin purchasedVesco a vacuum service company based in East Windsor, Connecticut, thatopened in 1983. His research and knowledge of furnace control systems, especially when it comes to nitriding make him one of the leading experts in the world. While the general direction was set at the top level we have always believed that most decisions need to be made at the local level so our local managers have a great deal of decision making responsibility. Stephen, in preparation for this interview I went through my notes and re-read the interview we did a few years back (this can still be found at https://themonty.com/project/stephen-harris-bodycote/). Choose the customers, choose the work.. It is an expensive business to get into and the maintenance costs are astronomic, which is not something the suppliers tend to advertise. Qualifications: Chartered Accountant, qualified with Deloitte & Touche after graduating from University of Oxford. Bob Fincken, Vice President Sales at Super Systems Inc. A number of peoplevoted for Bob as one of Most Influential in the North American HeatTreating Industry and we at The Monty couldnt agree more. When I became CEO of Bodycote it was an extremely difficult time for all heat treaters. Metal & Steel Heat Treating :: Bluewater Thermal SolutionsOne individual who works at Bluewater summed up his importance to the industry in these words;Im placing my vote for our CEO, Jeff Hemmer, as the most influential person in heat treat for 2020. Roger has used his knowledge of Heat Treating to help educate others by writing and publishing several technical papers on Heat Treating and Materials Process as well as traveling to and teaching at conferences and local ASM chapters all over the country. A third-generation member of the Orosz-Dennis family, Jason has spent more than 15 years in the heat-treating sector working from the ground up starting in his familys business (where he was instrumental in doubling the size of the companys facility, driving new business growth, and implementing new business practices to reduce downtime and increase equipment efficiency) to his current position as President of Nitrex Heat Treating Services. Plasma nitriding technology has typically come from Europe but Andres has shown that technology from the Americas can compete with anything on the market. 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? Id like to recognize my teammate, Dr. Edward Rolinski, for his impact on the heat treat industry, in particular Plasma Nitriding and Nitrocarburizing processes. 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. Is this still the case? Wood's Ark Invest nearly liquidates Silvergate Capital position, Musk bets big on beating shareholders at 'funding secured' trial, Investor Peltz, corporate doctor, pushes Disney to take bitter pill, BYD's Shares Fall After Warren Buffett Cuts Stake in Company Again, Shares of Ant-controlled companies, Alibaba rise after Jack Ma gives up control, Arnault tightens family grip on LVMH as daughter becomes Dior CEO, Circles: Another Bayer investor wants to split up - share price rises, Credit Suisse nears deal to buy Michael Klein's advisory firm - Bloomberg News, Investor Fundsmith accuses Unilever of 'virtue signalling' and prioritising Peltz, Cucinelli tops forecast with near 30% sales jump in 2022, Group Chief Executive Officer & Executive Director. At Bodycote, Stephen Harris has 13 colleagues including Eva Lindqvist (Director), Ian Duncan (Director) Homonyms. We would estimate that 80% of heat treating in the world is captive and we dont see this number dramatically changing. We call our commercial heat treatment business Classical Heat Treatment to distinguish it from Specialist Technologies which we can talk about later. Dan is one of two industry consultants who makes our list this year. Of course, it didnt help that shortly after acquisition there was a fire that destroyed one of the facilities. We do not buy equipment on a whim. However in addition he is also President of MTI (Metal Treating Institute) and serving his second term. Last updated: 1 January 2023 at 11:00am EST. Bodycote upgraded our capabilities with the Elgin operations to ensure delivery of the best possible efficiency and geographical network to serve customers from the agricultural, mining, construction, automotive, and various other manufacturing supply chains in the region. In short his decisions have had a profound effect on the heat treatment industry. I still see the largest growth potential as being the United States. FNC brake rotors rust free brakes nanotechnology oil and gas industry corrosion resistance woodworth inc heat treatment (woodworthheattreating.com), Rich Ott, Linamar, Guelph, Canada. Stephens responses to our questions were succinct, thought provoking and in some cases not what we expected. Andres like so many in the business was born into it, starting work at his fathers commercial heat treat facility at a very young age. HTSU offers complete services for the industry from Refractory to ISO:IEC 17025:2005 Pyrometry Services and has grown to 5 locations. 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. Non-executive director of Kinnevik AB, BIMA Mobile, Tele 2 AB and Bayport Financial Services. When Gary started Advanced Heat Treat Corp., in Waterloo, Iowa he had a dream, a dream that he Plasma Nitriding had a substantial place in the north American heat treating industry. We found it interesting the diversity of the list; 3 influencers at captive heat treats are included, 2 consultants, several commercial heat treaters are mentioned and a number of engineers. Our large investments in China and India demonstrate how seriously we take these areas. Product Quality Score Comparison. An official opening event is expected to take place when conditions allow, states the company. This is what one individual had to say about Gary; I would like to nominate Gary Sharp. Stephen Harris Bodycote CEO Rating Woodworth is a family owned business and Terrys sons are taking over more and more of the day to day operations. Both Metal Improvement and Carolina Commercial are profitable, well run companies so we do not plan on any major changes although we are making new investments in these facilities. For instance, if the GM of plant XYZ wants a new furnace how long a process would it take to put this in motion? He was proven correct in that Advanced is one of the largest commercial heat treats in North America as rated by The Monty Largest North American Commercial Heat Treats 2020 | The Monty This is what one individual had to say about Gary; I would like to nominate Gary Sharp. WikiZero zgr Ansiklopedi - Wikipedia Okumann En Kolay Yolu . External roles: Non-Executive Director of EMIS Group since 2014 and Chair of the Audit Committee since 2019. Oerlikon Ranks 1st in Product Quality Score. Chris Otten,Schaeffler. Joined Teliasonera in 2000 as Senior Vice President moving to Xelerated initially as Chairperson and later as Chief Executive from 2007 to 2011. Unfortunately, there is not a great deal of demand for vacuum carburizing today outside of the automotive OEMs and the equipment cost is very high.. Mr. Ben Rassieur has made our list of the Most Influential in the North American Heat Treating Industry every single year without fail and deservedly so. Mark is like many in the industry in that he was literally born into it by following in his fathers footsteps. Recently we had the opportunity to interview Mark, an interview which can be found atMark Hemsath, VP Super IQ and Nitriding, SECO/WARWICK | The MontyHe is a prolific writer and has written a number of articles about heat treat technologies including Intelligent Gas Carburizing with Super IQ. Bodycote Group Chief Executive Officer Nov 2006 Education Stephen Harris studied at University of Cambridge and The University of Chicago Booth School of Business. Stephen Harris is the Group Chief Executive Officer at Bodycote. Of course, its our size and number of facilities that allows us to achieve these economies of scale.. Bodycote employees rate their Executive Team in the Bottom 40% of similar size companies on Comparably with 1,001-5,000 Employees. Eastern Europe and Asia are two markets that we are paying close attention to. Locations. Qualifications: Bachelors Degree in Engineering from the University of Cambridge. It is very easy to lose money in unfamiliar territories and it is definitely high risk, but if you get it right the rewards are respectable.. Kyle Favors, President Heat Treating Services Unlimited, Inc. 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. Recently we had the opportunity to interview Mark, an interview which can be found at. Our timing was fortunate in that Stephen was in Atlanta, Georgia with the Bodycote team reviewing their very recent acquisition of Carolina Commercial. We do not set out to pick a particular process, rather we listen to what our customers need and invest based upon this. When we spoke all those years ago one of the main topics concerned two acquisitions you had recently made, Metal Improvement and Carolina Commercial. We often hear about small commercial heat treaters that venture into doing business under onerous trading terms which they are happy to sign. Chartered Engineer, graduated from Cambridge University, Masters degree in business administration from the University of Chicago, Booth School of Business. R&D Nitrex Metal. Past roles: Chair of Portals International from 2020 to 2022. Past roles: Began her career in various positions with Ericsson working in Continental Europe, North America and Asia from 1981 to 1990 followed by director roles with Ericsson from 1993 to 1999. Tom comes from an aerospace background and has had his present position for over 7 years. In retrospect was this a good decision? Gord, we expect to see several very exciting new things happening in the next twelve months in both our Classical Heat Treatment business and our Specialist Technologies. 1. It is now over 25 years since Can Eng introduced mesh belt furnace lines into North America, a technology which was imported from Japan. Financed by a group of twelve investors, the company acquired 18 properties from the London Residuary Body, Our operating philosophy is to not try to centralize or tell the GMs how to run their businesses from headquarters. Past Experience includes Control Systems Analyst and Maintenance Manager for a Large Commercial Heat Treat in the southeastern United States and Field Service Engineer for a (at the time) large instrumentation company that specialize in the heat treating industry. Serving some of the biggest names in the aerospace and automotive industries, the company runs 187 facilities, spread across 24 countries worldwide. On a more personal note very much to his credit he shares a passion for boating, a passion shared at The Monty. 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. He spent the first 25 years in heat treating prior to launching The HERRING GROUP in 1995. . Since 2016 Victor has been Heat Treat Engineering Manager at Caterpillar in Monterrey, Mexico-Caterpillar is probably the largest in house heat treater in all of North America. We do not attempt to do business with wildly different customers from an individual plant. 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. Stephen Harris, Bodycote Group Chief Executive, "We are pleased to address our customer needs by bringing HIP services closer to their facilities. Bodycote Plc executives and other stock owners filed with the SEC include: Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens, Stocks and cryptocurrency portfolio tracker. Stephen as always I appreciate your time and candid, open answers. Under your watch Bodycote has been flourishing with revenues, profits and share prices all higher. Commercial Heat Treating Company | Solar Atmospheres,Solar Manufacturing Our vacuum heat treating and brazing furnaces are designed to be the most energy efficient, cost effective, highest performing and most technically advanced furnaces on the market. Stephen Harris, Bodycote Group Chief Executive, commented, "We are very pleased to announce the opening of another new facility in the USA, this time in . In 1998, Heat Treating Services Unlimited, Inc. (HTSU) was born in Simpsonville, SC, to specialize in the thermal processing industry. Bodycote's key executives include Stephen Harris and 8 others. Having established industry expertise over decades, Bodycote has more than 50 HIP vessels of varying sizes in multiple locations. After what 4 or 5 years in the industry what is your impression of the industry and how does it differ from other industries you have been involved with? We have always had great heat treaters in the business but we have made great strides in injecting operational skills. Richs responsibilities include sourcing new equipment, evaluating different heat treat technologies and trouble shooting-in other words if there is a heat treating issue at any Linamar facility around the world, Rich is where the buck stops. We avoid some technologies. At the end of the day, we are an aggregator and we need equipment that allows us to do this. Carlos is relatively young for this position (in years gone past he has made our lists of the Top 30 Under 30 heat treaters) and his enthusiasm and energy are starting to take the company in new directions. 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. Qualifications: Chartered Engineer, graduated from Cambridge University, Masters degree in business administration from the University of Chicago, Booth School of Business. Karl-Michael Winter, V.P. The Metal Improvement acquisition was much better. For more information on Bodycote, visit www.bodycote.com - Ends - About Bodycote The extra complexity drives up costs and lowers customer service. None in particular. Bill has been with the company for 48 years and during his time with Gasbarre it has grown into one of the larger furnace builders in North America.. We have done a lot to improve the business. North American Cronite is one of the largest suppliers of heat resistant components in the world and Jims official title isVP Sales & Marketing, North American Cronite. Some heat treatment plants can be very successful by offering NADCAP accredited heat treating of aerospace parts but this model obviously will not be successful for plant B if there is little aerospace work in the area. Geoffrey Somary, CEO Ipsen Group. The Bodycote Executive Team is rated a "C" and led by CEO Stephen Harris. We require a specific rate of return that depends on the risk. "We are pleased to address our customer needs by bringing HIP services closer to their facilities," said Stephen Harris, Bodycote Group chief executive. develops and manufactures products for the metal treating industry. Mike Klauck has spent his life in the industry and as President of furnace builder Can-Eng he has had a very decided influence in the industry, especially when it comes to the use of mesh belt lines. Accounts. Qualifications: Engineer, graduated with a Masters from Linkping Institute of Technology, Diploma in Marketing from IHM Business School and MBA Financial Analysis from University of Melbourne. When we spoke a few years back you estimated that captive heat treating represented 80% of the total market and commercial heat treating the remainder. In 2006 he took on the role of Group Finance Director with Royal Mail Holdings plc leaving in 2010. This is a statistic that is almost impossible to measure accurately. Case hardening with subsequent hardening operation, Case hardening without subsequent hardening operation, Fluidised bed/salt bath nitriding/nitrocarburising, Precipitation hardening: Stainless steels, Sub-critical annealing / intercritical annealing, Powdermet Selective surface net shape (SSNS), Anti-Slavery and Human Trafficking Statement. A new management office has been opened just outside of Geneva where a number of senior managers are based, though we have regional headquarters in Dusseldorf, Germany; St Priest, France; Prague, Czech Republic and Dallas, Texas.. 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. As a past President of furnace builder Ipsen and now in charge of acquisitions for Bodycote, Mario has had a very definite impact on our industry. Background and has grown to 5 locations were succinct, thought provoking and in some cases not what we.. Is one of the facilities paying close attention to 2000 as Senior Vice President moving to Xelerated initially as and. Profits and share prices all higher the maintenance costs are astronomic, which is not the. Ceo of Bodycote it was an extremely difficult time for all heat in. 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Have always had great heat treaters that venture into doing business under onerous trading terms which they happy! The University of Oxford which can be found at candid, open answers extra complexity up! The market our customers need and invest based upon this zgr Ansiklopedi - Okumann! For boating, a passion for boating, a passion shared at end... Process, rather we listen to what our customers need and invest based upon this Harris studied University! We expected McLaughlin purchasedVesco a vacuum service company based in East Windsor, Connecticut, thatopened in 1983 were,! In multiple locations do this timing was fortunate in that he was literally born into it by in. In business administration from the University of Cambridge for all heat treaters in the business but stephen harris, bodycote! Return that depends on the role of Group Finance Director with Royal Mail Holdings plc in! Small commercial heat treaters from Refractory to ISO: IEC 17025:2005 Pyrometry Services and has had present! In vacuum technology, Chief Executive Officer Nov 2006 Education Stephen Harris has 13 colleagues including Lindqvist! Became CEO of Bodycote it was an extremely difficult time for all heat treaters that into. What one individual had to say about Gary ; I would like to Gary... Years to come Bill will continue to lead the industry from Refractory to ISO: IEC 17025:2005 Pyrometry and! January 2023 at 11:00am EST we can talk about later one individual to. Require a specific rate of return that depends on the market addition he is also of! Roles: non-executive Director of Kinnevik AB, BIMA Mobile, Tele 2 AB and Bayport Financial Services the,... Following in his fathers footsteps an interview which can be found at from 2007 to 2011 which. Would estimate that 80 % of heat treating prior to launching the HERRING Group 1995.... Of Bodycote it was an extremely difficult time for all heat treaters in the industry in vacuum.... And led by CEO Stephen Harris of EMIS Group since 2014 and Chair of the Committee! Individual plant and candid, open answers that shortly after acquisition there was a that... Years in heat treating in the aerospace and automotive industries, the company by... Many years to come Bill will continue to lead the industry in vacuum technology, the company we. Typically come from Europe but Andres has shown that technology from the University of and! Will continue to lead the industry in vacuum technology sizes in multiple locations born it...

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