Greenerd Press & Machine Announces Jerry Letendre as New CEO


Company is also poised for Growth, Expansion.



NASHUA, NH, U.S.A. – Greenerd Press Machine Company, Inc., a builder of quality hydraulic presses founded in 1883, announced today the appointment of Mr. Jerry Letendre as Chief Executive Officer. Letendre succeeds former Greenerd President Tim Dining, who recently moved on to another management position outside of the machine tool industry. As Mr. Letendre takes on the CEO role, the company has also begun executing a growth strategy, fully supported by capital investment, the addition of key engineering staff and increased production capacity. (http://www.greenerd.com/)



Mr. Letendre began investing in Greenerd in 2005, and over the subsequent seven years had come to fully recognize the great potential of the company. In December 2012, he acquired all outstanding shares of Greenerd . "This is an exciting time for the company. I am fully committed to leading Greenerd to a new level of innovation and growth, building on the company’s heritage and sterling reputation as a builder of reliable, high-quality hydraulic presses," said Letendre.



Mr. Letendre has held senior executive positions in several multinational corporations, living and working in North America, Europe, Asia Pacific and the Middle East, and spent half his career at General Electric Company. Letendre holds degrees in mechanical engineering and business administration, and resides with his family in southern New Hampshire.



About Greenerd

Founded in New England in 1883, Greenerd has designed and built thousands of high-quality custom and standard hydraulic presses since 1934. Machines include an extensive line of Hydraulic Presses in all sizes and configurations. A complete line of Arbor Presses is also available. Greenerd Presses are made to withstand the rigors of around-the-clock production and deliver many years of service.



Greenerd Presses are available as standard machines or can be designed for custom applications by expert engineers with extensive application experience. For more information on Greenerd, contact Mr. Tom Lavoie. Phone number 800-877-9110, e-mail tlavoie@greenerd.com or visit www.greenerd.com.



Editorial Contact:

Michael McCue

McCue & Associates

978-733-1353

mmccue@mccueassociates.com



Company Contact:

Tom Lavoie

Greenerd Press & Machine

603-889-4101

tlavoie@greenerd.com

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