A $315M+ leading designer and manufacturer of highly engineered plastic and rubber components for the automotive, construction, lawn & garden, office furniture, appliance, and recreational industries. Ranked 86th of the top 100 plastic processors in the U.S.; the 127th largest OEM parts supplier to N.A.; the 9th largest supplier of custom blow-molded components, and 48th largest in injection molding.
Led a core team of five direct reports and 1800 union and non-union employees in 15 locations worldwide. Selected by the company to serve as a member on the Board of Directors for two joint venture companies: 1998 to 2005 - LANDER CARLISLE, a thermoplastic injection-molding company headquartered in the UK with 2 British facilities and 1 in Hungary. 2001 to 2005 - PRISM TECHNOLOGIES & ASSEMBLIES, a minority company located in Meadville, PA, providing 3rd party and contract manufacturing services to the automotive industry. Challenged with preparing the organization for divestiture by implementing a "cut & build" strategy to fix, close, or sell underperforming facilities, improving earnings/cash flow, and increasing sales margins.
- Led strategic initiative to divest certain holdings to private equity group establishing Creative Engineered Polymer Products, LLC., and leading the transition via private equity reorganization (2005 - 2006).
- Generated $5M+ in income by reorganizing operations, shifting resources abroad.
- Increased earnings by over 15% despite sales decline, and improved cash flow from $14M+ to nearly $20M on an invested capital base of slightly over $100M.
- Earned two consecutive "Most Innovative Use of Plastics Awards" from the Society of Plastic Engineers, which led to new business.