Cohesant Technologies Announces Appointment of Michael A. Ruby as Vice President of Global Sales Marketing of GlasCraft Subsidia
22 Fevereiro 2006 - 6:57PM
Business Wire
Cohesant Technologies Inc. (Nasdaq: COHT) today announced the
addition of Mr. Michael A. Ruby as Vice President, Global Sales and
Marketing of its GlasCraft Inc. subsidiary. Mr. Ruby will head up
the GlasCraft Sales and Marketing team that includes Michael
Keegan, Director of Sales and Steve DeReu, Marketing Coordinator.
He will direct, coordinate and accelerate the core business growth
of GlasCraft around the world. Morris Wheeler, Acting President of
GlasCraft and CEO and President of Cohesant comments, "Michael's
expertise in strategic marketing and value added selling will
stimulate and expand our global market share as well as complement
the GlasCraft name as the industry leader and developer of
innovative dispensing equipment technologies. We are glad to
finally fill one of the key roles that has been vacant since the
death of Richard Mordarski." Mr. Ruby has an extensive business
development background and has previously held a variety of global
sales, marketing, and management positions in the industrial
manufacturing and specialty chemicals industries. He holds a B.S.
in Mechanical Engineering from UCLA and an MBA from Kellogg School
of Management at Northwestern University. Michael will conduct
business from GlasCraft's corporate headquarters located in
Indianapolis, Indiana. Cohesant Technologies Inc., based in
Indianapolis, Indiana, designs, develops, and manufactures
specialized dispensing equipment and specialty coating products,
performs renewal and rehabilitation of plumbing lines and licenses
proprietary technology in the renewal and rehabilitation markets,
under the Cohesant Materials, CuraFlo, GlasCraft, and Raven trade
names. These systems and products offer innovative lining
technology providing corrosion protection and renewal of
infrastructure in commercial, institutional, municipal and
residential sectors of the water, wastewater and industrial
markets. Certain statements contained in this report that are not
historical facts are forward-looking statements that are subject to
certain risks and uncertainties that could cause actual results to
differ materially from those set forth in the forward-looking
statement. These risks and uncertainties include, but are not
limited to, a slow-down in domestic and international markets for
plural components dispensing systems, a reduction in growth of
markets for the Company's epoxy coating systems, customer
resistance to Company price increases, the successful integration
of the CuraFlo acquisition and CuraFlo's ability to expand its
licensing and rehabilitation business.
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