SOUTH BEND, IN - Manufacturing Technology, Inc. (MTI) today announced changes to the company’s leadership team, as well as the addition of three outside Board of Director members. The changes are part of the company’s focus on new product development, operations, and sales.
Dan Adams, who is currently MTI’s President and one of the company’s fourth generation owners, is assuming the role of CEO. He will continue overseeing the company’s recently launched new product development efforts.
As part of Mr. Adams' leadership team, Guy Harper remains as CFO, Mike Pound has been named VP of Operations, and Bob Besse has been named VP of Sales and Marketing. In addition, MariClare Osborn has joined MTI as Director of Human Resources and Charles Nathan has joined as Information Services Manager.
MTI has also added three outside Board of Director members: Traci Dolan, Vito Germinario, and Greg Volovic. This marks the first time in the company’s 90-year history that non-family members have been on the Board. The new members have extensive backgrounds in operations, finance, capital equipment, global business, and growing family held businesses.
As a result of these changes, Doug Wait, who served as COO for the past four years, is leaving the company. Dan Adams commented, “As chief operating officer, Doug assembled a strong leadership team. A team that I am confident will continue to push MTI forward. I appreciate Doug’s guidance, vision, and friendship over the years, and wish him nothing but the best in the future.”
MTI has established itself as a leader in friction welding, including Rotary Friction, Linear Friction, and Friction Stir Welding technologies. In addition to contract manufacturing services, MTI has delivered machines to Boeing, GE, Rolls-Royce, Pratt and Whitney, Federal Mogul, and many of their tier one suppliers. A family owned business founded in 1926, MTI employs 225 people in their South Bend, United Kingdom, and China locations.
For more information on MTI, and its family of world-class friction welding technologies, visit www.mtiwelding.com.
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Vice President Sales & Marketing
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