The latest industry news for the week of 12/13/2019.
Grundfos Thailand Appoints New General Manager
Kenth will lead the overall sales operation within the Thailand market for the key business areas: Industry, Commercial Business Services, Domestic Business Services, Business Development and Aftermarket Service Sales.
“I am very excited to be heading Grundfos’ Thailand operations. As we see the nation increasingly embrace industry innovation and digitalization, there is great opportunity for us to provide ground-breaking solutions to the market in Thailand and to our clients,” said Kenth in the press release. “I look forward to not only maintaining our strong position in the water pump market of Thailand, but also driving exponential growth for the business.”
Hanes Geo Components Acquires JMD Company
Hanes Geo Components announced they have reached an agreement to acquire Johnston Morehouse Dickey Company (JMD). JMD is a geosynthetics and mine ventilation manufacturing and supply company headquartered in Bethel Park, Pennsylvania.
“We are excited to join the Hanes team. Our company has been built on a strong foundation of providing technical support and a high level of service to our customers,” said JDM President Mark Forse in the press release. “These are core values we see within the Hanes team as well. We anticipate a smooth operational transition followed by a renewed commitment to grow our position within markets we serve.”
“This acquisition significantly increases Hanes Geo Components’ market position in states serviced by JMD’s six distribution locations,” said President of Hanes Companies Jerry Greene. “JMD’s product focus and commitment to customer service are well aligned with those of our existing Hanes Geo Components operations. Hanes Companies and our parent company, Leggett & Platt, remain fully committed to growing our Geo Components distribution network.”