Our HIP business is the largest in the world.. When you started in 2009 the Bodycote share price was 122 pence; November 27th 2019 the share price stood at 887 pence. Bodycote CEO and key executive team Bodycote's Group Chief Executive is Stephen Harris. We are a large company and have a very sound financial basis. 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 . His son Robert was also nominated for this list. My understanding is that Bodycote is considering all heat treating technologies currently available and amongst the criteria for new equipment is the degree to which it is environmentally friendly. Fair statement in your opinion? Replacing Dan was always going to be very difficult. This is what one individual had to say about Gary; I would like to nominate Gary Sharp. This investment demonstrates Bodycote's continuing commitment to align resources to serve our customers across North America." 4) SummaryStephen Harris 2Growth & Resilience - introduction Bodycote processes 3Growth & Resilience - introduction THERMAL PROCESSING Heat treatment Highly precise improvement of properties in metal components Hot Isostatic Pressing (HIP) The ultimate strengthening process Surface Technology Temperature and wear protection GLOBAL LEADERSHIP View the profiles of professionals named "Stephen Harris" on LinkedIn. None in particular. Based in the UK (where Stephen is located), Bodycote has over 180 facilities in 23 countries with 67 locations in North America. Overall he has responsibility for 65 operational sites making him a very influential individual in the industry indeed. Bodycote plc was founded in 1923 and is headquartered in Macclesfield, the United Kingdom. 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. Track your investments 24 hours a day, around the clock from around the world. We also operate on a local cluster basis with all the plants in a cluster working together. There has been a lot of discussionabout who isreplacingDan (and we confess we have fueled some of this speculation). We would estimate that 80% of heat treating in the world is captive and we dont see this number dramatically changing. 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. 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/). Having established industry expertise over decades, Bodycote has more than 50 HIP vessels of varying sizes in multiple locations. Care to give us a bit of background about this portion of the business and how it compares to heat treating in terms of revenue? Interactive Investor. The extra complexity drives up costs and lowers customer service. Since 2007the company has grown to almost 60 employees and several readers suggestedthe company as the fastest growing furnace manufacturer in North America. Chartered Engineer, graduated from Cambridge University, Master's degree in business administration from the University of Chicago, Booth School of Business. Non-executive Chair of Aquaspersions Group from 2021 (not listed). Stephen Harris Bodycote Group Chief Executive Source: Bodycote. Over the years he has worked with 3 of the largest controlscompanies in North America and for the past 14 he has been with SSi, thepast couple as Vice President of Sales. 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. Stephen Harris. Id like to recognize my teammate, Dr. Edward Rolinski, for his impact on the heat treat industry, in particular Plasma Nitriding and Nitrocarburizing processes. 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. Stephen Harris CEO Bodycote plc Sunbury-on-Thames, England, United Kingdom 438 followers 397 connections Join to connect Bodycote The University of Chicago Booth School of Business Company. Thermal Process Holdings | A Unique Partnership for the Future You Want. He has also been very active in helping to grow United Process Controls into one of the largest furnace controls companies in the world. Bodycote, which specialises in the heat-treatment of turbine blades and car components, has maintained its full-year dividend in spite of a fall in sales and continued losses. When we spoke all those years ago one of the main topics concerned two acquisitions you had recently made, Metal Improvement and Carolina Commercial. 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. The improved performance is predominantly due to better productivity. develops and manufactures products for the metal treating industry. From 1990 to 1992 he worked for Lloyds Bank plc and then switched to British Nuclear Fuels plc from 1993 to 2006. . Associate of the Society of Actuaries. 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. Daniel Bock, co-founder and CEO at Morpheus Space, says, "Through integrating our electric propulsion systems, we are able to provide a network of small, highly efficient thrusters that are also cost effective. In June 2002, I started CF Thermal, Inc. to be a premier Technical Sales Rep Firm to promote the leaders in the thermal processing Industry to our customers throughout the southeastern United States.. 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. If it doesnt it can take a very long time. External roles: Non-executive Chair of CellMark AB from 2021 (not listed) So again it comes down to having the right process for the customer. When times are tough these types of technology tend to lose money. Richs responsibilities include sourcing new equipment, evaluating different heat treat technologies and trouble shooting-in other words if there is a heat treating issue at any Linamar facility around the world, Rich is where the buck stops. This long winded question all leads up to this; what do you see in the future? 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. 31 May 1891: 89: son/Andrew & Eleanor (Ellen) (Irvine); b. Corkhill, Kilskeery Pari When we do buy a captive we more often than not scrap the equipment and invest in more flexible, fit for purpose equipment. To see the companys heat treat department in their Guanajuato, Mexico facility is to see what all heat treat departments should aspire to. It a tough job but the rewards can be high. If my memory is correct I believe I saw a press release from Bodycote a little while ago mentioning that you had signed a long-term contract with Rolls-Royce which would indicate that the answer is yes. Qualifications: Chartered Accountant, graduated from Bristol University in Economics and Accounting. We would have beenvery surprisedif Mario Ciampini of Bodycote didnt make our list and he is the third member of the Bodycote Team to do so. History suggests that this is a very risky move. The purpose-built facility demonstrates Bodycote's. Mr. Jim Oakes, SSi. 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. Legal | Privacy | Accessibility | Site map | Alerts | Company registration | Copyright Magyar esk Dansk Nederlands Suomi Franais Deutsch Romn Slovenina Espaol Svenska Trke Italiano Polski Bodycote has acquired quite a number of HIP vessels over the years from companies both small and large that have attempted to enter the HIP industry and failed quite spectacularly. The Bodycote name is most closely associated with heat treating but I know that your Hot Isostatic Pressing Division is very successful. Thermal processing is an essential part of any manufacturing process and . For instance, if the GM of plant XYZ wants a new furnace how long a process would it take to put this in motion? Qualifications: Graduated with a BSc in Mathematics from Concordia University, Montreal followed by an MBA from INSEAD, Fontainebleau. However in addition he is also President of MTI (Metal Treating Institute) and serving his second term. Mr. Jan Elwart in Germany and Mr. 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 . The firm switched to Real Estate Investment Trust status when REITs were introduced in the United Kingdom in January 2007. External roles: Non-Executive Director of Tele 2 AB from 2014 and Keller Group plc since 2017. Now, granted 2009 was the depth of the worst recession since the 1930s but this still represents a tremendous appreciation. A good friend of ours and a very respected individual in the heat treating industry, Mr. Dan McCurdy, recently retired as President, Bodycote Automotive and General Industrial Heat Treatment, North America and Asia. How does the Bodycote model differ from other commercial heat treaters? Stephen Harris, Bodycote Group Chief Executive, stated, "The recent breakthroughs are truly game-changing technologies for component design and manufacturing. Services. External roles: Non-Executive Director of EMIS Group since 2014 and Chair of the Audit Committee since 2019. External roles: None. 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. More than 25 Years of experience in the instrumentation and maintenance of thermal equipment. From its inception in 2004, Todd Wenzel has served as President of Throughput Consulting, Inc., an enterprise software consultancy serving the Metal Treating industry. I still see the largest growth potential as being the United States. Our operating philosophy is to not try to centralize or tell the GMs how to run their businesses from headquarters. The technology is here, but politics may stand in the way. Interactive Investor. In the US southeast region few names are as well recognized as that of Kyle Favors, President of Heat Treating Services Unlimited and CF Thermal. Other differences that come to mind are the age of the industry and the relative smallness of the bureaucracy. Our recent acquisitions demonstrate that we take this seriously and that have the ability to offer heat treating services in every area of North America.. Dr. Edward Rolinski, Advanced Heat Treat Corp. We have long known the good Doctor as one of the leading experts in the world when it comes to Plasma Nitriding. 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. 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. Amongst his many accomplishments are these;Instrumental in building the LPC market here in North America: ECM USA, Inc was incorporated in 1998 and Dennis Beauchesne was instrumental in assisting ECM Technologies located in France with building a presence within North America. We have learnt that these two different types of customers require a different focus. Edward has been working in the engineering and/or heat treat fields for more than 50 years and been w/AHT for more than 25 years! Its surface technologies include anodizing, ceramic, flame and combustion spraying, high velocity oxygen fuel, plasma spray, electric arc spraying, aluminide coatings, liquid coatings, and thermo-chemically formed ceramic coatings to enhance wear resistance. Stocks and Shares ISA; Trading Account; SIPP Stephen Harris, Bodycote Group Chief Executive, commented, "We're very pleased to announce the opening of the new facility in Elgin, Illinois. 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.. 1. In 2006 he took on the role of Group Finance Director with Royal Mail Holdings plc leaving in 2010. personally worked with Shlok on a variety of projects where his wealth of knowledge helped engineers from several sectors including automotive, hydraulics, firearms, and specialized industrial (carpet and textiles for example). For 20 years The Monty has published on abiennial basis a list of the25 Most Influential People in the North American Heat Treating industry. Dan Herring, who is most well known as The Heat Treat Doctor, has been in the industry for over 45 years. Product Quality Score Comparison. 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. There is a great deal of recognition. Surface Combustion is one of the oldest and most established furnace builders in North America. While we have seen a general slow trend for companies to outsource their heat treatment this is offset by very high growth in countries such as China and India, where the high-quality heat treatment is overwhelmingly done in-house. WikiZero zgr Ansiklopedi - Wikipedia Okumann En Kolay Yolu . Would like to nominate Gary Sharp Kolay Yolu purpose-built facility demonstrates Bodycote & x27... Of the25 most influential People in the world aspire to have fueled some this... ( and we confess we have learnt that these two different types of tend! 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