How does the Bodycote model differ from other commercial heat treaters? Roger uses his over 45 years of knowledge in the industry by serving in various roles, including terms as president in both the ASM International Heat Treating Society and Metal Treating Institute (MTI). Serving some of the biggest names in the aerospace and automotive industries, the company runs 187 facilities, spread across 24 countries worldwide. William Bill Andreski, President MetConsult LLC. Bodycote has acquired quite a number of HIP vessels over the years from companies both small and large that have attempted to enter the HIP industry and failed quite spectacularly. Dennis has been a part of the North American Heat Treat industry for over 20 years. The leading provider of heat treatment and specialist thermal processing services worldwide Bodycote plc, Metal & Steel Heat Treating :: Bluewater Thermal Solutions, 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. Jeff McLaughlin, CEO & Founder of McLaughlin Furnace Group. 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. I still see the largest growth potential as being the United States. He was also a Non-Executive Director of Brixton plc from 2006 to 2009 and of Mondi from 2011 to 2021. Based in Ohio,Bobs knowledge of furnace controls systems rivals anybody else in theindustry. When you started in 2009 the Bodycote share price was 122 pence; November 27th 2019 the share price stood at 887 pence. This is done by our M&A team, which includes Mario Ciampini who many of your readers know well., Investing in a furnace comes under our capital investment rules. A good friend of ours and a very respected individual in the heat treating industry, Mr. Dan McCurdy, recently retired as President, Bodycote Automotive and General Industrial Heat Treatment, North America and Asia. With the largest HIP operational capacity in the world, our continued investment demonstrates Bodycote's commitment to align resources to serve our . Registered Number519057 England and Wales. Ron has spent 32 years with AFC-Holcroft, one of the largest furnace builders in North America. Todd Wenzel, President, Throughput Consulting., Inc. Rounding out our list of the most influential in the North American Heat Treating Industry we have Mr. Todd Wenzel, President and founder of Throughput Consulting a provider of software solutions designed specifically for the Heat Treatment industry; Mr. 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. The number of employees ranges from 1.0K to 5.0K. At Bodycote, Stephen Harris has 13 colleagues including Eva Lindqvist (Director), Ian Duncan (Director) Homonyms. This is a bit of a loaded question as I know that the company has always focused on taking over captive heat treating operations so to rephrase this question slightly do you believe that growth in the future will be more through acquisitions or by taking over heat treating requirements that are currently done in house by manufacturers? Copyright 2023 | TheMonty.com | All rights reserved. Commenting on the increased capacity, Stephen Harris, Bodycote Group Chief Executive, said, "We are pleased to address our customer needs by bringing HIP services closer to their facilities. Daniel Bock, co-founder and CEO at Morpheus Space, says, "Through integrating our electric propulsion systems, we are able to provide a network of small, highly efficient thrusters that are also cost effective. 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/). Stocks and Shares ISA; Trading Account; SIPP 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.. Bodycote Regulatory News. Past roles Held various senior positions in Imperial Tobacco Group plc followed by Chief Financial Officer positions at Symrise AG, LM Windpower and most recently at Regus plc from 2011 to 2015. Welcome to Cronite Cronite Group Better by design (cronite-group.com). At the end of the day, we are an aggregator and we need equipment that allows us to do this. Over the course of the past few weeks we received literally hundreds of votes covering approximately 80 individuals, at the end of the day we elected to change our list to the30 Most Influential People in The North American Heat Treating Industry 2021because of the excellent suggestions. Dominique Yates Chief Financial Officer It is an expensive business to get into and the maintenance costs are astronomic, which is not something the suppliers tend to advertise. Commenting on the transaction, Stephen Harris, Bodycote's group chief executive said: "Ellison's business is one that we have long respected and is a perfect strategic fit for Bodycote's . Product Quality Score Comparison. One of our favorite questions when doing an interview is to ask how each individual got involved in heat treating. The first to focus on LPC as a primary product: Dennis Beauchesne quickly realized that the future of heat treating would be lead by Low Pressure Carburizing and worked with the parent corporation to make connections in the following industries to grow their already impressive reference list: Automotive, Captive Heat Treaters, Aerospace, Consumer tools along with tool and die. Bodycote CEO and key executive team Bodycote's Group Chief Executive is Stephen Harris. View the profiles of professionals named "Stephen Harris" on LinkedIn. Victor has quite an impressive background in the captive heat treating industry in Mexico having worked with some of the giants such as Tremec, Meritor and SISAMEX (we could write a book about the in house heat treating department of each of these companies but that is a story for another day). Results Revenues up 7.1% at constant currency to 615.8m (organic revenues up 5.2%) Headline operating margin at 15.4% (2020: 12.6%) Free cash flow of 105m He describes himself as a Heat Treating furnace professional in Nitriding, Carburizing, Atmosphere processes, Vacuum Carburizing, LPC, andSurface Engineering and Mark made our list in 2019. Overnight on Wall Street is daytime in Asia. This is primarily because of the better results you get for specific applications. The position of the CEO is occupied by Stephen Harris. Stocks and Shares ISA; Trading Account; SIPP Certainly we at The Monty would agree that Bill deserves to be on this list. Bodycote | 51 447 fljare p LinkedIn. 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. Surface Combustion is one of the oldest and most established furnace builders in North America. Some heat treating companies are very successful by stressing a particular process but at Bodycote we are open to consider any process as long as it is the best fit for the customer.. Active Dallas, TX President for Bodycote K-Tech, Inc. Overview. These are Low Pressure Carburising and Corr-I-Dur (these last two operate within the Classical Heat Treatment facilities). https://www.paulo.com/. In this position Geoffrey has ultimate authorityoverproduct development,marketingand new technologies. 12. Originally from France he has enormous knowledge of vacuum carburizing and was instrumental in introducing acetylene to the process. Stephen Harris - Chief Financial Officer - BT Consumer; Stephen Harris - President - Blue Cross & Blue Shield of Illinois; Stephen Harris - Director, Investments - Brandywine Realty Trust External roles: None. Fred is one of 3 individuals on our list this year involved in the in house heat treating industry (the other two are Chris Otten of Schaeffler Bearings and Rich Ott of Linamar). Heat treating is in some ways similar who wants to send their parts 200 miles to be heat treated? 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. His focus is on helping to develop and promote new technologies and markets that will expand the field of induction heat treating and was recently awarded the title of Fellow of ASM International for his contributions to the field. Can we expect to see any major changes at either Metal Improvement or Carolina Commercial now that they are part of the Bodycote group? Live BOY RNS. 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. As a matter of fact I would say that we are extremely nimble and quick to make decisions especially on relatively small investments under $200,000. Well, Gord, I wouldnt quite state it like that. We have had the privilege of working with Ron for quite some time and can say he is a good man who knows his stuff. The majority of the time taken in getting a capital item approved is taken up with the GM and the divisional team doing their homework. We would have beenshocked if Mr. Bill Jones a true pioneer in the vacuumheat treatingindustry did not receive a number of nominations. 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. However in addition he is also President of MTI (Metal Treating Institute) and serving his second term. Appointed:November 2016 The purpose-built facility demonstrates Bodycote's. The company was founded under the name London Industrial in 1987 as a vehicle for the disposal of the commercial property assets of the defunct Greater London Council. Throughputs flagship software product, BluestreakT, is the culmination of Mr. Wenzels 20+ years of partnering with Heat Treating leaders, to provide software solutions that tackle the industrys most pressing business challenges.. For more information on Bodycote, visit www.bodycote.com - Ends - About Bodycote The fact that Carolina Commercial had been held by a Private Equity firm for a number of years was clearly a problem. To phrase it another way what have you changed at the company since you became CEO? Along the way he revolutionized the way brake rotors for the auto industry are processed, namely throughFerritic nitrocarburizing (FNC) in very large tip up style furnaces. 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). The purpose-built facility demonstrates Bodycote's commitment to serving the Midwest and helps us to shape the future of both our company and the industry.' 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. . 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. Eversheds Sutherland (International) LLP, Herbert Smith Freehills LLP and DLA Piper UK LLP, Brokers While my job history is varied it would be best described as a general industrial background. 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.. 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. Services. He has been a co-author of over 100 papers and presentations on the induction heating technique, co-authored a chapter in the Handbook of Metallurgical Process Design, and two articles in the recently released ASM Handbook Volume 4C. We are a large company and have a very sound financial basis. He has architected and built custom enterprise software solutions since the mid 1980s, and has been heavily involved in the Metal Treating sector of manufacturing since 1990. Are there any exciting new developments you could share with us? Paul is also responsible for Asia., We then have the Specialist Technologies division run by Thomas Oury., The accounting and other central functions, such as HR, are then taken care of outside of the divisions in shared service centers. Based in the USA Geoffrey has been CEO of the Ipsen Group for the past two years which means he oversees the companys operations around the world. Dans North American Automotive and General Industrial (AGI) business now reports to Tom Gibbons. He was Non-Executive Director of Fiberweb plc during 2013, Mouchel Group from 2013 to 2015, WANdisco plc from 2012 to 2016, Babcock International Group from 2010 to 2020 and SIG plc from 2017 to 31.01.2021. Bodycote is a UK registered company and is listed on the London Stock Exchange. Services. This was a typical vote for Aymeric;Id like to nominate Aymeric Goldsteinas of Ipsen for your Top 25 Influencers this year. Active across the heat treating industry, Hubbard has served as president & board member at ASM International, and has held leadership positions at the Metal Treating Institute and the Center for Heat Treatment Excellence. Our timing was fortunate in that Stephen was in Atlanta, Georgia with the Bodycote team reviewing their very recent acquisition of Carolina Commercial. Today we have about 5,700 employees with sales of 728 million compared with over 7,500 employees and sales of 551 million back then., A key focus has been improving operations. Interactive Investor. Bodycote is of course headquartered in the UK but there have been some rumors suggesting that the company might move the headquarters to another country in Europe. Tom also runs the North American Aerospace, Defense and Energy (ADE) business. Again it is crucial that we match the correct process to the customers needs which means we are at the mercy of the customer.. Fair statement in your opinion? Paul Oleszkiewicz has been with Nitriding technologies company Nitrex in Montreal, Quebec almost since the beginning and has very significantly contributed to Nitrex becoming a worldwide name in the heat treating industry. He isknown asa very hardworker and a real innovator when it comes to high temperature components for heat treatment processes. Super Systems Inc. based in Cincinnati, OH. The improved performance is predominantly due to better productivity. Part II of this question would be: is the company still interested in taking over the heat treating requirements of some of these captives? Stephens responses to our questions were succinct, thought provoking and in some cases not what we expected. Talk about customer service., It brings joy to our hearts to see a fellow Canadian make this list. 1. While we have substantial assets in Brazil this is a country where the ups and downs of the economy make it difficult to know what is going to happen.. His love of heat treating and pushing the boundaries have lead to Solar Manufacturing offering some of the most advanced vacuum furnaces in the world and Solar Atmospheres being the largest privately owned commercial vacuum heat treater in North America. 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To the process a Non-Executive Director of Brixton plc from 2006 to and...
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