Katy Industries makes Chromalox CEO its own
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Manufacturing News, Source : TheManufacturer.com
Published : 24 May 2005 18:02
Consumer product manufacturer Katy Industries today announced the retirement of C. Michael Jacobi as president and chief executive officer. Anthony T. Castor III was appointed president and CEO, effective June 1.
Jacobi will perform other consulting activities for the company. During his tenure, the company restructured its operations over the past four years. The restructuring included the elimination of thirty-five facilities, the reduction two million square feet of excess space and capacity, and the divestiture of four non-core subsidiaries.
Castor is currently the President and chief executive officer of Chromalox in Pittsburgh, PA.
"Over the past twelve years Tony has lead four companies to improved financial results through growth and operating efficiency," said Katy Chairman William F. Andrews. "Tony has considerable experience in retail and industrial sales channels and plastic molding operations. We look forward to having Tony apply his experience and expertise to the challenges facing Katy."
Headquartered in Middlebury, CT, Katy is made up of a group of businesses that serve commercial customers, consumer retail outlets, and original equipment manufacturers (OEMs).
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