Even though Karl-Michael is based in Germany he has had a definite impact on the North American heat treating industry due to the fact that he is head of R & D for Nitrex Metal. 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." I am tremendously proud of all of our people but if pushed I would suggest our two Elder Statesmen. Nobody in the heat treating industry will argue with me when I say that Bodycote is the only truly global commercial heat treater. Past roles: Worked on a variety of audits with Deloitte & Touche, followed by four years with Dresdner Kleinwort Wasserstein. Could you please explain to us how you are filling this position? Replacing Dan was always going to be very difficult. For instance heat treating of fasteners can be very profitable if there is a very strong demand for fasteners in a given area however as this demand goes up or down it affects our profitability. 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. L'effectif de cette socit est de 667 et le nombre de Dirigeant est de 8. The basic criteria to make the list is that the individuals named are in positions to influence the heat treating industry in North America either in terms of presenting new technologies, influencing purchasing decisions, deciding what type of heat treating to do or effecting current heat treatment practices. The commercial heat treating industry is far more fragmented than virtually any I have seen with numerous players from very large to very small and this has a great deal to do with geography. 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. With your permission I will refer back to that original interview for our answer: I was trained as an electrical engineer but along the way I acquired a business degree from the University of Chicago. Replacement of a molybdenum furnace will cost you well over $1 million for a large HIP and, unfortunately, unlike vacuum furnaces they fail quite regularly. Bodycote's key executives include Stephen Harris and 8 others. This long winded question all leads up to this; what do you see in the future? Of course, it didnt help that shortly after acquisition there was a fire that destroyed one of the facilities. 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. He holds an MBA and a Bachelor of Metallurgical Engineering degree from Cleveland State University. 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. Although Bill has the rather modest title of Sales & Marketing Director at furnace builder Gasbarre a number of people pointed to Bill as the real driving force behind the company (please note that furnace manufacturing is only a part of Gasbarres business, the company also offers other products such as presseshttps://www.gasbarre.com/ ). With over one thousand primary furnaces and many more temperers in operation, and more in storage, we can sometimes fill the need straight away. 30. out of 100. Well, Gord, I wouldnt quite state it like that. Bodycote Group Chief Executive Officer Nov 2006 Education Stephen Harris studied at University of Cambridge and The University of Chicago Booth School of Business. Foremost of these is that they cannot buy businesses or properties. He has also been very active in helping to grow United Process Controls into one of the largest furnace controls companies in the world. Obviously the names will change to Bodycote. 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/). This is what one individual had to say about Gary; I would like to nominate Gary Sharp. Vctor M. Caldern Cabrera, Heat Treat Engineering Manager en Caterpillar Inc. Monterrey, Nuevo Len, Mexico. I would say the results of that acquisition were mixed. 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. For instance when a foreign manufacturer sets up a facility in Asia it is generally for the local market and usually includes an in-house heat treating department. The company was incorporated in 1995, floated on the Alternative Investment Market in 1996, and listed on the London Stock Exchange in November 1998. Perhaps you could share a few thoughts about the HIP side of things such as whether this is a growing field and whether it overlaps with heat treating. Plasma nitriding technology has typically come from Europe but Andres has shown that technology from the Americas can compete with anything on the market. Dan is one of two industry consultants who makes our list this year. He is the second generation of the Solar Family of companies with his two sons creating the third generation of the largest privately owned commercial vacuum heat treater in North America. 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? Eversheds Sutherland (International) LLP, Herbert Smith Freehills LLP and DLA Piper UK LLP, Brokers Qualifications: Bachelors Degree in Engineering from the University of Cambridge. Wenzel is a graduate of the Milwaukee School of Engineering and is a Microsoft Certified Solution Developer. Our timing was fortunate in that Stephen was in Atlanta, Georgia with the Bodycote team reviewing their very recent acquisition of Carolina Commercial. The extra complexity drives up costs and lowers customer service. Keeping things simple is by far the best approach. Stephen Harris Bodycote Bottom 5% F 30/100 VS Roland Fischer Oerlikon Top 25% B 74/100 Bodycote vs Oerlikon CEO Comparison Summary Employees at Bodycote rank Stephen Harris in the Bottom 5% of similar sized companies. 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.' Bluewater is one of the largest commercial heat treaters in North America with a total of 12 locations around the USA. 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 This is what one individual had to say about Gary; I would like to nominate Gary Sharp. External roles: Strategy consultant and since 2008 a global partner in the London office of Bain & Company. We do not like salt both for environmental reasons and because of poor production flexibility. Wood's Ark Invest nearly liquidates Silvergate Capital position, Musk bets big on beating shareholders at 'funding secured' trial, Investor Peltz, corporate doctor, pushes Disney to take bitter pill, BYD's Shares Fall After Warren Buffett Cuts Stake in Company Again, Shares of Ant-controlled companies, Alibaba rise after Jack Ma gives up control, Arnault tightens family grip on LVMH as daughter becomes Dior CEO, Circles: Another Bayer investor wants to split up - share price rises, Credit Suisse nears deal to buy Michael Klein's advisory firm - Bloomberg News, Investor Fundsmith accuses Unilever of 'virtue signalling' and prioritising Peltz, Cucinelli tops forecast with near 30% sales jump in 2022, Group Chief Executive Officer & Executive Director. Because of his current role in acquisitions his knowledge of commercial heat treat firms around the world is unmatched and in turn we would doubt that there are many commercial heat treaters who dont know him. His vast experience in the field includes materials science, engineering, metallurgy, equipment design, process and application specialist, and new product research. 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.. Not only has he been very influential in the North American Heat Treat Industry (since 1981) when it comes to Ion and Gas Nitriding, he is very influential in his approach to servant leadership of his employees. 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. A metallurgist by background Bill works both as a consultant and also as a independent manufacturers rep for several industry suppliers. This is primarily because of the better results you get for specific applications. I was approached by Bodycote in 2008 to replace the outgoing CEO, Mr. John Hubbard with whom I have since had a long and enjoyable working relationship. Dans North American Automotive and General Industrial (AGI) business now reports to Tom Gibbons. These are Low Pressure Carburising and Corr-I-Dur (these last two operate within the Classical Heat Treatment facilities). He spent the first 25 years in heat treating prior to launching The HERRING GROUP in 1995. Its headquarters is located at Macclesfield, England, GB. Stephen Harris is the Group Chief Executive Officer at Bodycote. Stephen Harris - Chief Financial Officer - BT Consumer; Stephen Harris - President - Blue Cross & Blue Shield of Illinois; Stephen Harris - Director, Investments - Brandywine Realty Trust Kyle Favors, President Heat Treating Services Unlimited, Inc. Services. 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 . We spoke earlier about the lower developed countries in Eastern Europe, Mexico and China which clearly offer good growth, albeit at high risk. Jeffs steady leadership has transformed our company from a collection of individual plants/operations into a major player in the US heat treating market., We were truly astounded at the number of votes we received for Shlok from areas all around the US and Canada (an interview with Shlok can be found at Mr. Shlok Sundaresh , Engineering Manager-TS USA (HEF Group-North America) | The Monty) This suggestion is fairly typical of what we received about this interesting individual; I wanted to share my recommendation for Shlok Sundaresh for his influence in the heat treating industry. Mr. Ben Rassieur has made our list of the Most Influential in the North American Heat Treating Industry every single year without fail and deservedly so. Up until COVID, Paul could be found travelling the world on behalf of Nitrex and UPC and was always found at every single heat exhibition around the world. The other businesses in the division are Surface Technology (plasma, HVOF and thermochemical coatings), S3P (Specialty Stainless Steel Processes) and Powdermet (contract manufacturing of products from powder using HIP and 3D printing technologies). Fragmentation. Accounts. His experience includes companies such as Hinderliter Heat Treat and Bodycote. Non-Executive Director of Transmode Holdings AB from 2007 to 2013, Blekinge Institute of Technology from 2010 to 2013, Tieto Corporation from 2010 to 2016, Assa Abloy from 2008 to 2018, Caverion Oy from 2013 to 2018, Alimak Holding from 2015 to 2018, Micronic Mydata AB from 2013 to 2016, Mr Green & Co AB from 2016 to February 2019 and Sweco AB from 2013 to 2020. Our HIP business sits in our Specialist Technologies division, which I referred to earlier. In addition to Thermal Process Holdings, Mr. Hubbard also serves as Non-Executive Board Member for Cronite Innovative Group, the leading provider of high temperature resistant castings for the heat treating industry. For 20 years The Monty has published on abiennial basis a list of the25 Most Influential People in the North American Heat Treating industry. Services. 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. As a past President of furnace builder Ipsen and now in charge of acquisitions for Bodycote, Mario has had a very definite impact on our industry. There are 4200+ professionals named "Stephen Harris", who use LinkedIn to exchange information, ideas, and opportunities. While my job history is varied it would be best described as a general industrial background. A third-generation member of the Orosz-Dennis family, Jason has spent more than 15 years in the heat-treating sector working from the ground up starting in his familys business (where he was instrumental in doubling the size of the companys facility, driving new business growth, and implementing new business practices to reduce downtime and increase equipment efficiency) to his current position as President of Nitrex Heat Treating Services. We sat down and made conscious decisions about what needed to be done and those decisions turned out to be the right ones for the company. Gord, Copyright 2023 | TheMonty.com | All rights reserved, https://themonty.com/project/stephen-harris-bodycote/. Bodycote Regulatory News. When we do buy a captive we more often than not scrap the equipment and invest in more flexible, fit for purpose equipment. Accounts. He has become the go to guy for multiple companies. Based in Ohio,Bobs knowledge of furnace controls systems rivals anybody else in theindustry. 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.. Our HIP business is roughly $100 million USD/year and actually consists of two parts; HIP Services which is strengthening castings and HIP Product Fabrication which is a manufacturing process as opposed to a heat treatment process. Over the years auto parts supplier Linamar has grown into a multi billion dollar company with in house heat treating departments in many of their facilities around the world. Both Metal Improvement and Carolina Commercial are profitable, well run companies so we do not plan on any major changes although we are making new investments in these facilities. Associate of the Society of Actuaries. 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. Can Eng is also known for their expertise when it comes to processing aluminum components. How does the Bodycote model differ from other commercial heat treaters? Mario is a true gentlemen and we are proud to count him as a friend. Ron has spent 32 years with AFC-Holcroft, one of the largest furnace builders in North America. And what do you see in the future for Mr. Stephen Harris? Out of their 3 competitors, Oerlikon, Kennametal, and GKN, Bodycote's score ranks in 3rd place. Appointed:November 2016 While my job history is varied it would be best described as a General Industrial Background. 12. The number of employees ranges from 1.0K to 5.0K. 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 Prior to this nomination process we had never heard of Aymeric, we received vote after vote for him each more glowing than the one before-we have to say it will be a joy to mention him. In large part, how the GMs succeed is up to them, but we do have a number of rules that have to be followed. Stephen HARRIS est Prsident de la socit BODYCOTE situe 117 ALLEE DES PARCS 69800 ST PRIEST au capital : 32 725 924 . "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." Now, granted 2009 was the depth of the worst recession since the 1930s but this still represents a tremendous appreciation. A new management office has been opened just outside of Geneva where a number of senior managers are based, though we have regional headquarters in Dusseldorf, Germany; St Priest, France; Prague, Czech Republic and Dallas, Texas.. Again it is crucial that we match the correct process to the customers needs which means we are at the mercy of the customer.. His teamate Mikel Woods provides this summary of his expertise. So we didnt really replace him. 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. Serving some of the biggest names in the aerospace and automotive industries, the company runs 187 facilities, spread across 24 countries worldwide. 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. We will miss Dan tremendously. History []. Vctor M. Caldern Cabrera /Caterpillar Inc. Dr. Edward Rolinski / Advanced Heat Treat Corp. Copyright 2023 | TheMonty.com | All rights reserved. Talk about customer service., It brings joy to our hearts to see a fellow Canadian make this list. 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Copyright 2023 | TheMonty.com | all rights reserved, https: //themonty.com/project/stephen-harris-bodycote/ for purpose equipment Oerlikon,,! Atlanta, Georgia with the Bodycote model differ from other commercial Heat treaters Europe but has. From Cleveland State University Chief Executive Officer at Bodycote I say that Bodycote is the Chief!
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