Gary Edwards Becomes CEO of Extrusion Dies Industries Following Its Acquisition by Bertram Capital
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Edwards Takes Charge of Bertram Capital's Program to Accelerate the Growth of EDI through Innovation, Acquisition, and International Diversification
CHIPPEWA FALLS, WI, U.S.A., April 4, 2011: Gary Edwards, an experienced chief executive specializing in the strategic development of global industrial companies, has become CEO of Extrusion Dies Industries, LLC (EDI), it was announced today by Bertram Capital, which acquired EDI at the close of 2010.
Edwards will lead EDI in a program of growth through investment in innovative technology, acquisitions, and new resources for serving domestic and international customers, according to Kevin Yamashita, a Bertram Capital partner.
"Gary has extensive experience helping companies that are already profitable to realize their full potential," said Yamashita. "He has special expertise in carrying out strategies for lean manufacturing, successfully integrating acquired businesses, and implementing organic growth initiatives that build on the company's core competencies."
John A. Ulcej will continue in his role as EDI's president, heading a management team that in recent years has led the company in achieving the highest growth rates in its 40-year history.
"EDI has a strong, world-class brand and is recognized as the industry's quality leader," Edwards said. "Through its design capabilities, manufacturing expertise, and long-standing customer relationships, the company is well positioned for further and faster growth."
Before joining EDI, Gary Edwards was CEO of Tyden Group, Inc., a manufacturer of specialized security, identification, traceability, and security products, with plants in North America, Europe, and Asia. Previously he had spent 16 years with Phillips and Temro Industries, a producer of diesel engine and exhaust components. After rising to the position of president and CEO of Phillips and Temro, he doubled revenues through acquisition and market expansion, including the establishment of a manufacturing and distribution presence in China.
Edwards holds an MBA from the University of Manitoba and a BS in engineering from the University of Regina in Saskatchewan.
EXTRUSION DIES INDUSTRIES, LLC (EDI) is a leading international supplier of flat dies for sheet, film, extrusion coating, fluid coating, and pelletizing. The company designs and manufactures dies, feedblocks, deckling systems, vacuum boxes, and related equipment. Its subsidiaries include EDI GmbH in Reichshof-Wehnrath, Germany, and EDI China in Shanghai. In the U.S.A., Germany, and China, EDI operates facilities dedicated to reworking its own dies and those built by other suppliers, and it has licensed a fourth rework facility in Japan. Headquartered in Chippewa Falls, Wisconsin, U.S.A., EDI is focused on supplying the global market. Visit www.extrusiondies.com and www.reworkdies.com. E-mail: sales@extrusiondies.com.
BERTRAM CAPITAL is a private equity investment firm with more than $850 million in capital under management. Founded in 2006, Bertram Capital's mission is to build value for equity holders, employees, customers, and partners by helping middle market companies accelerate growth through operational involvement and partnership with management. Visit www.bertramcapital.com.
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