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June Business News: Miller Pipeline, RIDGID, Hannay Reels, Aecon Group, GTI and more
The board also has elected Christopher D. Herrman to replace Kenneth L. Wicherek, GTI’s vice president of finance, treasurer and chief financial officer, who announced his retirement effective June 30. Wicherek joined the Institute of Gas Technology in 1975, moving through the ranks of accounting, management and treasurer.
Herrman’s new role as vice president and CFO will take effect May 1. He is responsible for a wide-ranging set of key initiatives, including the optimization of financial activities across the organization, managing GTI’s equity interests and investments, maintaining a broad risk management program, developing business plans and overseeing the treasury function.
Herrman joined GTI in March 2007 from Merrill Lynch Capital, where as vice president, Corporate Finance he underwrote, closed, and managed cash-flow debt facilities used to finance private-equity-backed buyouts and recapitalizations of middle-market companies.
Prior to that, he held positions of increasing responsibility with Heller Financial, GE Capital and LaSalle Bank. Herrman earned a B.S. degree in finance from Northern Illinois University and a M.B.A. from Northwestern University Kellogg School of Management. 847.768.0500, www.gastechnology.org
Interplastic’s Thermoset Resins Division, a Fort Wright, KY, manufacturing plant recently reached significant safety milestones.
The plant employees completed nine consecutive years without a lost time accident, and one year without any type of Occupational Safety and Health Administration (OSHA) recordable safety related accident or illness.
The Fort Wright plant employees also qualified for the Kentucky Governor’s Safety & Health Award. The award is presented in recognition of the facilities over 250,000 man-hours without a lost-time accident or illness. Health, Safety, Environment & Quality Manager Mike Flannery, acknowledged, “The Fort Wright employees have worked 950,000 plus man-hours without a lost-time accident or illness and have received this award for the seventh consecutive year.” 651.766.3839, interplastic.com
AEM/Cooper Hong Inc.
Publications in Construction and Agriculture (PICA), a subgroup of the Association of Equipment Manufacturers (AEM), has named Jane Cooper of Cooper Hong Inc., in St. Charles, IL, as its Public Relations Person of the Year.