Burndy(Manchester, N.H.): Warren B. Jenkins has been appointed V.P. of sales for the company’s U.S. sales organization. During his 17-year career in the electrical industry, Jenkins worked for Ideal Industries and at Cooper Crouse-Hinds, where he was regional V.P. servicing the commercial, industrial and OEM market segments. He was also previously employed by Burndy as the Central regional sales manager from 1998 to 2006 and in a variety of sales territory positions prior to his promotion into management. Jenkins graduated from Texas A&M with a B.S. in industrial distribution from the College of Engineering in College Station, Texas.
Archive for March 26th, 2010
Federal Signal’s Avery Appointed V.P. of Information Technology and Controller
Federal Signal Corp. (Oak Brook, Ill): Charles Avery Jr. has been appointed to the position of vice president, information technology and controller. He will report directly to William Barker, chief financial officer of the company. In addition to serving as the company’s principal accounting officer, Avery will have enterprise-wide responsibility for information technology.
Biz Journal Features Bellwoars of Colonial Electric
The Philadelphia Business Journal featured the Bellwoar family of Colonial Electric Supply, King of Prussia, Pa., in a story about companies reinventing themselves for survival. (Subscription required for the full story.)
Cooper and Danaher to Form Tool Venture
Cooper Industries, Houston, and diversified manufacturer Danaher Corp. have agreed to form a joint venture to blend operations of some of their tool manufacturing businesses. Cooper and Danaher each will own 50 percent of the new company. It will include Cooper’s portfolio of power tools products, wireless technologies and hand tools and Danaher’s mechanic’s hand tools businesses.
Under the agreement, the new company will make a $90 million dividend payment to Danaher, which is based in Washington, D.C. The agreement is pending regulatory approvals and is expected to close in the second quarter. The joint venture should generate revenue topping $1.2 billion, with worldwide sales and an improved cost position, Kirk S. Hachigian, chairman and CEO of Cooper Industries, said in a statement. Details