Experts with Over 150 Years of Combined Auxiliary Equipment Experience Assume 9 Key Positions at Novatec
CHICAGO, June 19, 2006: Starting with the head of an investment group that carried out the management buyout of Novatec, Inc. six weeks ago, a formidable array of experienced and talented professionals have since taken on key positions at the company, it was announced at NPE 2006 by Lawrence F. (Larry) DeBaugh, chairman of the "new Novatec." Seven professionals with expertise primarily in plastics auxiliary equipment have joined Novatec, and two others have been promoted to new product sales positions.
"Our strategic plan for Novatec calls for a doubling in the size of the company within three years," said DeBaugh. "The truly remarkable depth of experience in plastics auxiliary equipment brought to Novatec by the people now joining us constitutes a dramatic surge of new capability to help us carry out that plan."
DeBaugh himself had been president of Novatec before the buyout and is a member of the investment group that purchased the company early last month. Other longtime Novatec officials remaining with the company include John W. (Jack) Doub, Jr., who continues as executive vice president; John Gillette, who continues as vice president in charge of engineering; and Joe Rich, who remains national sales manager. The new staff additions and promotions begin with the top executive position:
o Conrad M. Bessemer [photo not attached] is president and CEO, as well as managing partner of the investment group that carried out the buyout of Novatec. In February 2006, he resigned from Conair North America / Conair Americas after serving as president for five years and being widely credited for a resurgence of new product development and market share. Other executive roles held by Bessemer at Conair in a career of 19 years with the company include vice president of marketing and operations for The Conair Group, Inc.; president of Conair Jetro-Gatto; and president of Conair Extrusion.
o Elizabeth A. Pypa [photo not attached] is executive vice president in charge of finance and operations. She brings 25 years of experience in plastics processing, most recently as senior vice president of Plastech Engineered Products Inc. Her previous managerial positions were with United Technologies Inc. (subsequently purchased by Lear Corp.), Versatrim, and JAC Products Inc. For much of this time she was responsible for selecting, procuring, and installing capital equipment. While at Plastech she oversaw the building of eight plants, including specification of all auxiliary equipment systems.
o Timothy Noggle [photo] is vice president of sales and marketing. His twelve years in plastics engineering and sales positions involved blow and injection molding, extrusion, compounding, and recycling. Most recently he was Americas sales director for Graham Machinery Group. He is co-holder of several patents in blow molding.
o James A. Zinski [photo] is vice president in charge of applied projects and will coordinate project management and installation of resin handling systems. His entire 17-year professional career has been in the field of plastics auxiliary equipment. Most recently he spent eight years with The Conair Group, Inc. in various sales and product management positions involving a wide range of auxiliary equipment and engineered systems. He began his career by spending five years at Conair Franklin, Inc.
o John Heinrikson [photo] is vice president of system sales. His twelve-year career in plastics includes sales positions with Sterling, Motan, and Manvel Machinery Sales, which represents auxiliary equipment manufacturers.
o Chuck Morgan [photo] is resin handling business director. He spent his entire 29-year plastics industry career thus far with Conair, serving in a range of positions, including sales, technical service, testing, and product management. For much of the past ten-year period, he was in charge of Conair's conveying product line and product development.
o Douglas Arndt [photo] is senior project manager for systems and will play a key role in Novatec's new Engineered Systems Project Group. His 21 years of technical management work in plastics has focused on automated material handling and drying systems. He spent 16 years with Motan, Inc. as manager of project engineering, engineering manager, and finally group technical support manager. His previous positions were with United Technologies Automotive. He holds a patent for a pneumatic conveying device.
o Tony Crook [photo] is promoted to product manager for blenders after serving in sales positions for Novatec. He entered the plastics industry in 1984, first spending nine years in the injection molding field with responsibilities for raw material selection, part and mold design, and cost analysis. Starting in 1993 he worked as a manufacturers representative selling auxiliary equipment. He joined Novatec in 2005. He has installed hundreds of gravimetric blenders.
o Mark Haynie [photo] is promoted to product manager for dryers after working for Novatec in dryer sales. He has 25 years of experience with dryers, membrane systems, and combustion technology. His career began in the field of desiccant development with W.R. Grace & Co. With C.M. Kemp Co. he was general sales manager and vice president of engineering. During his time with Kemp, he introduced a complete line of membrane dryers and nitrogen generators and oversaw a redesign of standard dryer lines. He holds a patent for a molecular sieve system to extract nitrogen from compressed air.
NOVATEC, INC. is a leading supplier of resin drying, blending, and pneumatic conveying systems to plastics processors. The ISO 9001-certified company specializes in custom-engineered material handling systems that meet specific process and production requirements. Its range of dryers is the broadest in the industry, including desiccant, hot air, compressed air, and infrared systems, as well as the patented NovaDrier(TM) compressed air / membrane dryer. Novatec, Inc. is headquartered at 222 East Thomas Avenue, Baltimore, MD 21225 U.S.A. Tel: 410-789-4811. Fax: 410-789-4638. Email: sales@novatec.com.
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