Stocks and Shares ISA; Trading Account; SIPP Edward has written and co-authored numerous technical articles, journals, publications, as well as led training courses with OEMs, their respective supply chain and colleges across the nation.. We would estimate that 80% of heat treating in the world is captive and we dont see this number dramatically changing. 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. Past roles: Held the positions of Group Finance Director at Oxford Instruments plc and Radstone Technology plc and, most recently, Chief Financial Officer at Spirax Sarco plc which he stepped down from in September 2020. Karl-Michaels knowledge of heat treating and his friendly manners have long made him a favored speaker at heat treating events around the world. Our accreditations Supplying some of the most highly regulated industries, Bodycote boasts an extensive list of accreditations: An introduction to Bodycote Stephen Harris, Group Chief Executive, and Dominique Yates, Chief Financial Officer, introduce Bodycote, our strategy, and business model. Edward has played an integral role in putting AHT on the map w/regards to his technical expertise, material awareness and incredible engineering background. His teamate Mikel Woods provides this summary of his expertise. 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. This past week we were fortunate enough to catch up with Mr. Stephen Harris, CEO of the worlds largest commercial heat treater, UK based Bodycote. 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.. 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. This investment demonstrates Bodycote's continuing commitment to align resources to serve our customers across North America." Examples could include pioneers in new forms of heat treatment, the fellow ata major captive heat treaterwho decides which furnaces to buy, CEOs of major furnace builders, large commercial heattreatersorconsultants who advise on what equipment should be used. We are often approached to do this, however we are not interested in high volume operations where the only motivation is for the customer to swap their balance sheet for ours. While Eastern Europe is still a small market and has little in the way of commercial heat treating it is growing which represents an opportunity for us. From its inception in 2004, Todd Wenzel has served as President of Throughput Consulting, Inc., an enterprise software consultancy serving the Metal Treating industry. Unfortunately, there is not a great deal of demand for vacuum carburizing today outside of the automotive OEMs and the equipment cost is very high.. In fact, it is quite rare for us to take over a captive. Most people that get involved with heat treating tend to stay in the industry for their entire working careers, have you been bitten by the heat treating bug yet? Last updated: 1 January 2023 at 11:00am EST. Stephen Harris, Bodycote Group Chief Executive, commented, "We're very pleased to announce the opening of the new facility in Elgin, Illinois. 31 May 1891: 89: son/Andrew & Eleanor (Ellen) (Irvine); b. Corkhill, Kilskeery Pari If it doesnt it can take a very long time. Id like to recognize my teammate, Dr. Edward Rolinski, for his impact on the heat treat industry, in particular Plasma Nitriding and Nitrocarburizing processes. He was also a Non-Executive Director of Brixton plc from 2006 to 2009 and of Mondi from 2011 to 2021. Schaefflers captive heat treating departments contain almost every type of heat treat machine and process for hardening, but also heating and annealing for forging, and as part of brazing, joining, plating, molding and casting operations. Has your performance not been assigned to your profile yet? "With the largest HIP operational capacity in the world, our continued investment demonstrates Bodycote's commitment to align resources to serve our customers across North America." Supplying some of the most highly regulated industries, Bodycote boasts an extensive list of accreditations: Stephen Harris, Group Chief Executive, and Dominique Yates, Chief Financial Officer, introduce Bodycote, our strategy, and business model. Unfortunately, there arent any that I am allowed to share with you at this time., Thanks for taking the time to talk with me. With the largest HIP operational capacity in the world, our continued investment demonstrates Bodycote's commitment to align resources to serve our customers across North America." www.bodycote.com A large investment in Asia means less investment for plants in the US (and new heat equipment is a large investment) which translates into more outsourcing in North America which is of course a good thing for us.. Fellow of the Institute of Chartered Accountants and the Institute of Engineering and Technology. Bob Fincken, Vice President Sales at Super Systems Inc. A number of peoplevoted for Bob as one of Most Influential in the North American HeatTreating Industry and we at The Monty couldnt agree more. Legal | Privacy | Accessibility | Site map | Alerts | Company registration | Copyright Magyar esk Dansk Nederlands Suomi Franais Deutsch Romn Slovenina Espaol Svenska Trke Italiano Polski 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. Welcome to Cronite Cronite Group Better by design (cronite-group.com). 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 Bodycote Executive Team is rated a "C" and led by CEO Stephen Harris. Stephen Harris, Bodycote Group Chief Executive, commented, 'We're very pleased to announce the opening of the new facility in Elgin, Illinois. Surface Combustion is one of the oldest and most established furnace builders in North America. Bodycote Group Chief Executive Officer Nov 2006 Education Stephen Harris studied at University of Cambridge and The University of Chicago Booth School of Business. Why this focus on the North American market? While my job history is varied it would be best described as a general industrial background. Stephen Harris, Bodycote Group Chief Executive, stated, "The recent breakthroughs are truly game-changing technologies for component design and manufacturing. This long winded question all leads up to this; what do you see in the future? He was recently featured on Heat Treat Podcast speaking with Mr. Carlos Torres of MATTSA. There are specialists that can help them with specific issues if they need it. This investment demonstrates Bodycote's continuing commitment to align resources to serve our customers across North America." https://www.can-eng.com/, Bill Jones, Solar Atmospheres/Solar Manufacturing. This includes the companys facilities outside of North America also which means Fred is also responsible for AAM in Mexico and Poland. Chair of Low & Bonar plc from 2018 to 2020, Non-Executive Director and Chair of the Remuneration Committee of Chemring Group plc from 2016 to 2018 and Chair of Nonwovens Innovation & Research Institute from 2014 to 2015. 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.. Typically at this point the customer will very seriously consider outsourcing.. The end result is that virtually all brake rotors in the world are processed in a similar manner, Terry Woodworth and his team are the people responsible. The facilities are better laid out and far safer than they used to be. I have asked many very experienced people in the industry what they see in the future for heat treating. 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. Past roles: Chair of Portals International from 2020 to 2022. He was appointed to the Board of Powell Duffryn plc as an Executive Director in 1995 and then went on to join Spectris plc as an Executive Director from 2003 to 2008. Out of their 3 competitors, Oerlikon, Kennametal, and GKN, Bodycote's score ranks in 3rd place. When we do buy a captive we more often than not scrap the equipment and invest in more flexible, fit for purpose equipment. Non-executive director of Kinnevik AB, BIMA Mobile, Tele 2 AB and Bayport Financial Services. He isknown asa very hardworker and a real innovator when it comes to high temperature components for heat treatment processes. Interactive Investor. Services. Overall he has responsibility for 65 operational sites making him a very influential individual in the industry indeed. Thermal processing is an essential part of any manufacturing process and . Bodycote plc was founded in 1923 and is headquartered in Macclesfield, the United Kingdom. Oerlikon Ranks 1st in Product Quality Score. Are there any exciting new developments you could share with us? Located in the US Midwest Bill is one of two consultants on our list this year. A career heat treating industry expert, few people have more technical knowledge of the vacuum carburizing process and predictive maintenance technology.Vacuum Furnaces for Industrial Heat Treating | Ipsen (ipsenusa.com). "We are pleased to address our customer needs by bringing HIP services closer to their facilities," said Stephen Harris, Bodycote Group chief executive. Interactive Investor. This is a huge industry with many opportunities but it is crucial that the processes and services we are offering our customers are the best fit for both them and Bodycote. That being said, which geographic areas of the world do you see as offering the largest growth potential to your company? What is the salary of Stephen Harris? Since 2007the company has grown to almost 60 employees and several readers suggestedthe company as the fastest growing furnace manufacturer in North America. Stephen Harris - Group Chief Executive Appointed: November 2008 and Chief Executive from January 2009 Past roles: Spent his early career in engineering with Courtaulds plc and then moved to the USA to join APV Inc from 1984 until 1995, where he held several senior management positions. The Carolina Commercial acquisition raised a few eyebrows at the time due to the relatively high sale price. For instance, if the GM of plant XYZ wants a new furnace how long a process would it take to put this in motion? I am not sure whether you care to answer this question but which is the most profitable for the company and which is of most interest to you personally? However (and there is always a however) I have heard many times over the years that the company is so large that it makes it difficult to compete with smaller more nimble heat treaters. Prior to that, Mr. Hubbard served as President & Owner of Hinderliter Heat Treating Inc., a North American heat treating group that specializes in sub-contract heat treatment, where he led the firms growth from a $1m firm into one of the three largest heat treating groups in North America. I became CEO of Bodycote in January 2009 mainly because I found it such an interesting company." When you started in 2009 the Bodycote share price was 122 pence; November 27th 2019 the share price stood at 887 pence. Bodycote upgraded our capabilities with the Elgin operations to ensure delivery of the best possible efficiency and geographical network to serve customers from the agricultural, mining, construction, automotive, and various other manufacturing supply chains in the region. Bodycote has well over 1000 process lines in 23 countries throughout Europe, North America and Emerging Markets By far the largest global supplier A group of mature processes which are essential for treating all metal components. Executive Nomination Remuneration Audit Committee chair, Springwood Court,Springwood Close,Tytherington Business Park,Macclesfield,Cheshire SK10 2XF, Tel: +44 1625 505300 Mr. Jim Oakes, SSi. FNC brake rotors rust free brakes nanotechnology oil and gas industry corrosion resistance woodworth inc heat treatment (woodworthheattreating.com), Rich Ott, Linamar, Guelph, Canada. We do not attempt to do business with wildly different customers from an individual plant. We now have 189 facilities around the world having acquired two more this year in Scandinavia and Slovakia., I think it is also fair to say that our growth in the less developed countries of Eastern Europe, Mexico, and China has also helped performance. 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. The Metal Improvement plants were divided up between our Aerospace, Defence and Energy business, run by Mr. Tracy Glende, and our Automotive and General Industrial business (North America/Asia) where Mr. Dan McCurdy is President. History []. His company, Aerospace Testing & Pyrometry has grown from a small single person location to a multi location, multi person entity over the past 14 years. Vacuum Furnaces for Industrial Heat Treating | Ipsen (ipsenusa.com), John Hubbard is a founding partner of Thermal Process Holdings, and currently serves as Chairman of the Board. Instead, we reorganised the company. Stephen Harris, Bodycote Group Chief Executive, commented, "We are very pleased to announce the opening of another new facility in the USA, this time in Syracuse, New York. Mario is a true gentlemen and we are proud to count him as a friend. To some extent this surprises me as my understanding is that profit margins are lower in North America than other areas such as Europe. Originally from France he has enormous knowledge of vacuum carburizing and was instrumental in introducing acetylene to the process. Aside from the natural growth rate of the US economy itself, the amount of work available that today is being done quite inefficiently by many manufacturers in their captives is very large.. 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