I still see the largest growth potential as being the United States. Since 2016 Victor has been Heat Treat Engineering Manager at Caterpillar in Monterrey, Mexico-Caterpillar is probably the largest in house heat treater in all of North America. Principal Bankers Schaeffler delivers high-precision components and systems in engine, transmission, and chassis applications, as well as rolling and plain bearing solutions for industrial and aerospace applications. 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. Its headquarters is located at Macclesfield, England, GB. Stephen C. Harris serves as Group Chief Executive, Executive Director of the Company. Overnight on Wall Street is daytime in Asia. The company currently specializes in the Mechanical or Industrial Engineering, Diversified Metals & Mining areas. Oerlikon Ranks 1st in Product Quality Score. Mark Hemsath,Vice President Super IQ & Nitriding at SECO/VACUUM. Rich is a long time heat treater working with both commercial and captive heat treaters and incredibly knowledgeable about all aspects of heat treating. Having established industry expertise over decades, Bodycote has more than 50 HIP vessels of varying sizes in multiple locations. He has been a co-author of over 100 papers and presentations on the induction heating technique, co-authored a chapter in the Handbook of Metallurgical Process Design, and two articles in the recently released ASM Handbook Volume 4C. 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. External roles: None. It is no surprise to us that the individual voted as the "Most Influential in the North American Heat Treating Industry" is Mr. Stephen Harris, the CEO of commercial heat treating giant Bodycote. 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. Since 2009 we have closed 70 facilities and opened or acquired 52. 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. Your question about manufacturing and heat treating moving to areas such as India and China is a good one and we see it as a good thing. External roles: Non-executive Chair of CellMark AB from 2021 (not listed) Contribute. Bodycote is the world's largest and most respected provider of heat treatment and specialist thermal processing services. When Gary started Advanced Heat Treat Corp., in Waterloo, Iowa he had a dream, a dream that he Plasma Nitriding had a substantial place in the north American, industry. McLaughlinFurnace Group was founded in Avilla, Indiana, USA in 2007 by Mr. JeffMcLaughlin as company offering new furnaces. Bodycote employees rate their Executive Team in the Bottom 40% of similar size companies on Comparably with 1,001-5,000 Employees. In retrospect was this a good decision? BEng, Electronic and Information Engineering from Queens University Belfast. We also have two other specialist technologies which are heat treatment types of processes. Past roles: Began her career at Unilever before moving to Lloyds Bank. He was Non-Executive Director of Fiberweb plc during 2013, Mouchel Group from 2013 to 2015, WANdisco plc from 2012 to 2016, Babcock International Group from 2010 to 2020 and SIG plc from 2017 to 31.01.2021. Dan is one of two industry consultants who makes our list this year. History []. It is now over 25 years since Can Eng introduced mesh belt furnace lines into North America, a technology which was imported from Japan. 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. Victor has quite an impressive background in the captive heat treating industry in Mexico having worked with some of the giants such as Tremec, Meritor and SISAMEX (we could write a book about the in house heat treating department of each of these companies but that is a story for another day). As the Group Chief Executive and Executive Director of Bodycote Plc, the total compensation of Stephen Harris at Bodycote Plc is GBX2,156,000. Past roles: Worked on a variety of audits with Deloitte & Touche, followed by four years with Dresdner Kleinwort Wasserstein. We found it interesting the diversity of the list; 3 influencers at captive heat treats are included, 2 consultants, several commercial heat treaters are mentioned and a number of engineers. Bill has a passion for heat treating andin particular vacuumheattreating and his innovations over the years have shaped the course of vacuum technology. 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. That being said, which geographic areas of the world do you see as offering the largest growth potential to your company? Last rating was 13 days ago. American Axle & Manufacturing (AAM) is one of the largest captive heat treaters in North American and Fred is the individual who ultimately makes the heat treat decisions for the entire company. Roger Joneshas a passion for heat treating that is in his blood. 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. 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. Tom is based in Texas and is President, Aerospace, Defense & Energy, Heat Treat and Surface Technology at Bodycote which is one of two Bodycote divisions, the other being the AGI division (Automotive & General Industry). Bodycote CEO and key executive team Bodycote's Group Chief Executive is Stephen Harris. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. Recently we had the opportunity to interview Mark, an interview which can be found at. For instance, if the GM of plant XYZ wants a new furnace how long a process would it take to put this in motion? Afficher le tlphone 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.. 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. Processing capabilities can accommodate components that are nominally up to 6.5ft in diameter by 12ft high and weighing over 65,000lbs. None in particular. To see the companys heat treat department in their Guanajuato, Mexico facility is to see what all heat treat departments should aspire to. You are incorrect on this Gord. Additionally, Stephen Harris has had 1 past job as the Executive Director at Spectris. Andrew Bassett / Aerospace Testing & Pyrometry, Inc. Jeff McLaughlin / McLaughlin Furnace Group, Kyle Favors / Heat Treating Services Unlimited, Heat Treating furnace professional in Nitriding, Carburizing, Atmosphere processes, Vacuum Carburizing, LPC, and, Surface Engineering and Mark made our list in 2019. Jeff McLaughlin, CEO & Founder of McLaughlin Furnace Group. Our operating philosophy is to not try to centralize or tell the GMs how to run their businesses from headquarters. Stephen Harris. External roles: Chair and Non-Executive Director of Global Fashion Group since 2017 and Non-Executive Director of Eutelsat Communications SA since 2019. 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. Stephen Harris, Group Chief Executive, and Dominique Yates, Chief Financial Officer, introduce Bodycote, our strategy, and business model. Fred Hamizadeh, Director Global Manufacturing Services AAM Heat Treat & Facilities Process. In one instance we cut a hole in the roof of our Michigan location and rented a crane to get a shaft down into a, Fred Hamizadeh / American Axle & Manufacturing. (solarmfg.com), Vacuum Furnaces for Industrial Heat Treating | Ipsen (ipsenusa.com), Thermal Process Holdings | A Unique Partnership for the Future You Want, American Axle & Manufacturing | Delivering Power (aam.com), FNC brake rotors rust free brakes nanotechnology oil and gas industry corrosion resistance woodworth inc heat treatment (woodworthheattreating.com), Welcome to Cronite Cronite Group Better by design (cronite-group.com), Mark Hemsath, VP Super IQ and Nitriding, SECO/WARWICK | The Monty. 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 have to say that I have never received any real sort of consensus. In addition I can say that Stephen is a very competent fellow (we would have been surprised if he was not) and remarkably easy to speak with. Well, Gord, I wouldnt quite state it like that. This means that very large companies, including many of the worlds largest OEMs and Tier 1 suppliers, are quite happy to do business with us knowing that we can stand behind our commitments. Obviously continuous processes with salt quenching are highly unattractive to us!, We do like vacuum carburizing. While my job history is varied it would be best described as a General Industrial Background. Talk about customer service., It brings joy to our hearts to see a fellow Canadian make this list. He was recently featured on Heat Treat Podcast speaking with Mr. Carlos Torres of MATTSA. 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. A GM can submit a request as long as it justifies the required return. In addition,to make the list individuals must currently be active in the industry. Stephen Clive Harris, Bodycote PLC: Profile and Biography - Bloomberg Markets Bloomberg Anywhere Remote Login Software Updates Manage Products and Account Information US Edition Subscribe Live. Tom comes from an aerospace background and has had his present position for over 7 years. Mr. Hubbard has over 40 years of industry leadership experience, most recently serving as CEO of Bodycote, a publicly traded (LSE: BOY) international thermal processing group that specializes in sub-contract heat treatment, thermal coatings, hot isostatic pressing, and testing services. A metallurgist by background Bill works both as a consultant and also as a independent manufacturers rep for several industry suppliers. Interactive Investor. Bill Gasbarre, Sales/Marketing Director at Gasbarre Products, Inc. In a past life I was involved with the equipment renting business which in some ways is similar -many small companies because who is going to drive more than 50 miles to rent a tool? We would estimate that 80% of heat treating in the world is captive and we dont see this number dramatically changing. In one instance we cut a hole in the roof of our Michigan location and rented a crane to get a shaft down into a nitrider! There are no executives at Bodycote Plc getting paid more. The company was incorporated in 1995, floated on the Alternative Investment Market in 1996, and listed on the London Stock Exchange in November 1998. Copyright 2023 | TheMonty.com | All rights reserved. In 2006 he took on the role of Group Finance Director with Royal Mail Holdings plc leaving in 2010. Id like to recognize my teammate, Dr. Edward Rolinski, for his impact on the heat treat industry, in particular Plasma Nitriding and Nitrocarburizing processes. When you started in 2009 the Bodycote share price was 122 pence; November 27th 2019 the share price stood at 887 pence. Live BOY RNS. When it comes to captive heat treating our largest opportunity comes when a customer adds a new product or substantially changes a current one which would require a new heat treating process. Connections. 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. We would have beenshocked if Mr. Bill Jones a true pioneer in the vacuumheat treatingindustry did not receive a number of nominations. How does the Bodycote model differ from other commercial heat treaters? He holds an MBA and a Bachelor of Metallurgical Engineering degree from Cleveland State University. The purpose-built facility demonstrates Bodycote's. Of course, its our size and number of facilities that allows us to achieve these economies of scale.. Cynthia considers herself as a person of ethnic minority due to her part Asian background. With these 2 large acquisitions under your belt would it be fair to say that you see the future growth of Bodycote to be mainly through acquisitions? Services. Daniel spent his early career at Novar plc until 2005 and prior to that worked at ICI and management consultant, Arthur D Little. 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. The facilities are better laid out and far safer than they used to be. 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.' Dennis has been a part of the North American Heat Treat industry for over 20 years. When we do buy a captive we more often than not scrap the equipment and invest in more flexible, fit for purpose equipment. 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. As an example we looked closely at which jobs were profitable and which werent and made decisions based upon this. Active Dallas, TX President for Bodycote K-Tech, Inc. Overview. 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. Accounts. Bodycote's CEO, Stephen Harris, has a CEO approval rating of 31/100, as scored by 8 Bodycote employees, placing Stephen Harris in the Bottom 5% of similarly-sized companies for CEO score. Typically at this point the customer will very seriously consider outsourcing.. Thermal Process Holdings | A Unique Partnership for the Future You Want. While most of our questions focus mainly on heat treating we should also talk about your Hot Isostatic Pressing division. 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. In this way we can limit the number of technologies in any one plant but are still able to provide all the technologies that a customer may need in any area. The registered office remains in Macclesfield, UK. 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.. 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.. Stephen Harris Corporate Vice President, Global Head of Data Science and Growth Analytics San Francisco, California, United States View 5+ hotmail.com me.com gmail.com wellsfargo.com capgemini.com us.ibm.com 4 415-734-XXXX 415222XXXX 415371XXXX 415222XXXX Stephen Harris It is a job that carries a great deal of satisfaction if performed well. Our margins run at about 19% these days as an average across the business, whereas back in 2008, before the great recession, they peaked at around 13%. 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 . Customer service is, of course, a key attribute in our industry. I became CEO of Bodycote in January 2009 mainly because I found it such an interesting company.. He spent the first 25 years in heat treating prior to launching The HERRING GROUP in 1995. Our HIP business is the largest in the world.. 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. Woodworth is a family owned business and Terrys sons are taking over more and more of the day to day operations. Recently we had the opportunity to interview Mark, an interview which can be found atMark Hemsath, VP Super IQ and Nitriding, SECO/WARWICK | The MontyHe is a prolific writer and has written a number of articles about heat treat technologies including Intelligent Gas Carburizing with Super IQ. The facility investment is part of Bodycote's strategy for further expansion in the USA. "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." A good question. The Metal Improvement acquisition was much better. Qualifications: Graduated with a BSc in Mathematics from Concordia University, Montreal followed by an MBA from INSEAD, Fontainebleau. I have asked many very experienced people in the industry what they see in the future for heat treating. We often hear about small commercial heat treaters that venture into doing business under onerous trading terms which they are happy to sign. Based in the UK (where Stephen is located), Bodycote has over 180 facilities in 23 countries with 67 locations in North America. Bodycote har en unik position genom vrt globala ntverk samt vra medarbetares erfarenhet och kunskap. The firm switched to Real Estate Investment Trust status when REITs were introduced in the United Kingdom in January 2007. . It offers heat treatment services, including altering the microstructure of metals and alloys, such as steel and aluminum to impart properties comprising surface hardness, temperature resistance, ductility, and strength; metal joining services consisting of electron beam welding, HIP diffusion bonding, hydrogen brazing, induction brazing, and vacuum and honeycomb brazing; and hot isostatic pressing (HIP) services, including isostatic pressing and HIP supporting services, as well as Powdermet technology, a manufacturing process used in the production of complex components using powder metallurgy. American Axle & Manufacturing | Delivering Power (aam.com), Terry Woodworth, CEO, Woodworth Inc. Terry Woodworth took a relatively small commercial heat treat in Michigan- Woodworth Inc., and turned it into one of the 5 largest commercial heat treats in North America with 4 locations in 2 countries. A presentation by Stephen Harris, Group Chief Executive and Dominique Yates, Chief Financial Officer, is now available on the . When I became CEO of Bodycote it was an extremely difficult time for all heat treaters. Welcome to Cronite Cronite Group Better by design (cronite-group.com). This investment demonstrates Bodycote's continuing commitment to align resources to serve our customers across North America." Jeff Hemmer,Chief Executive Officer, President and Chief Operating Officer at Bluewater Thermal Solutions. Currently the General Manager of ECM USA, Inc., Dennis has worked with many companies within the heat treat industry. Stephen, what can we expect to see from Bodycote over the course of the next year? Past roles: Chair of Portals International from 2020 to 2022. In fact, it is quite rare for us to take over a captive. He is one of only two individuals on our list based outside of North America. 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. Bodycote Group Chief Executive Officer Nov 2006 Education Stephen Harris studied at University of Cambridge and The University of Chicago Booth School of Business. It is not about heat treatment knowledge, its about production complexity. History []. Track your investments 24 hours a day, around the clock from around the world. His experience includes companies such as Hinderliter Heat Treat and Bodycote. Interactive Investor. 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. One of our favorite questions when doing an interview is to ask how each individual got involved in heat treating. If a green pivot is to happen, power grids must become supergrids, continent-spanning networks that can move green energy thousands of miles. In many instances we do not take work that is already being done in-house. When we spoke all those years ago one of the main topics concerned two acquisitions you had recently made, Metal Improvement and Carolina Commercial. Mr. Rich Ott. The first question I have to ask you is what is your background and how did you ever come to be involved in the heat treating industry? Past roles Held various senior positions in Imperial Tobacco Group plc followed by Chief Financial Officer positions at Symrise AG, LM Windpower and most recently at Regus plc from 2011 to 2015. The first thing we do is then look for unused or underutilised furnaces already in our network. What is the salary of Stephen Harris? Based in the UK (where Stephen is located), Bodycote has over 180 facilities in 23 countries with 67 . We are a large company and have a very sound financial basis. Non-Executive Director and Chair of the Audit Committee of Polypipe Group plc from 22 September 2020. 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. Under your watch Bodycote has been flourishing with revenues, profits and share prices all higher. Rob works extensively with the ASM Heat Treating Society, especially in the area of technical programming for the bi-annual Heat Treat Conference. Stephen as always I appreciate your time and candid, open answers. 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. Services. Andres like so many in the business was born into it, starting work at his fathers commercial heat treat facility at a very young age. 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. In addition to his experience incontrol systems he does an extremely impressive job of motivating his salesreps. Andres Bernal, President, ION HEAT. Would you care to comment on this? William Bill Andreski, President MetConsult LLC. 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. Of course, it didnt help that shortly after acquisition there was a fire that destroyed one of the facilities. Good afternoon Stephen, I have to say that for quite some time I have been looking forward to meeting you. The improved performance is predominantly due to better productivity. Held the positions of VP Business Marketing and VP Partnerships & Emerging Markets at Orange France Telecom, was Group Chief Commercial Officer at Ooredoo Group and former CEO of Millicom, Africa. The company serves automotive, aerospace and defense, energy, and general industrial markets. 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. This question ties in closely with the previous one; is there any particular type of heat treating that you see growing substantially in the near or medium term? With the largest HIP operational capacity in the world, our continued investment demonstrates Bodycote's commitment to align resources to serve our . Kyle Favors, President Heat Treating Services Unlimited, Inc. 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. Regulatory News Articles for Bodycote Plc Ord 17 3/11P 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..
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