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. Jeffs steady leadership has transformed our company from a collection of individual plants/operations into a major player in the US heat treating market., We were truly astounded at the number of votes we received for Shlok from areas all around the US and Canada (an interview with Shlok can be found at Mr. Shlok Sundaresh , Engineering Manager-TS USA (HEF Group-North America) | The Monty) This suggestion is fairly typical of what we received about this interesting individual; I wanted to share my recommendation for Shlok Sundaresh for his influence in the heat treating industry. Oerlikon Ranks 1st in Product Quality Score. Past roles: Worked on a variety of audits with Deloitte & Touche, followed by four years with Dresdner Kleinwort Wasserstein. However in addition he is also President of MTI (Metal Treating Institute) and serving his second term. This long winded question all leads up to this; what do you see in the future? Active across the heat treating industry, Hubbard has served as president & board member at ASM International, and has held leadership positions at the Metal Treating Institute and the Center for Heat Treatment Excellence. Results Revenues up 7.1% at constant currency to 615.8m (organic revenues up 5.2%) Headline operating margin at 15.4% (2020: 12.6%) Free cash flow of 105m Would you care to comment on this? Chris Otten,Schaeffler. 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. Services. 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.. Stephen Harris Group Chief Executive Dominique Yates Chief Financial Officer Ute Ball Group Company Secretary Ian Duncan Senior Independent Director Eva Lindqvist Non-Executive Director He has become the go to guy for multiple companies. Good afternoon Stephen, I have to say that for quite some time I have been looking forward to meeting you. Stephen Harris, Bodycote Group Chief Executive, stated, "The recent breakthroughs are truly game-changing technologies for component design and manufacturing. Geoffrey Somary, CEO Ipsen Group. Mark is like many in the industry in that he was literally born into it by following in his fathers footsteps. We are a large company and have a very sound financial basis. I was trained as an electrical engineer but along the way I acquired a business degree from a university in the Chicago area. Roger has been an integral part of building the various facilities, serving in many roles including CEO of Solar Atmospheres. In 2017, McLaughlin purchasedVesco a vacuum service company based in East Windsor, Connecticut, thatopened in 1983. 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. This is primarily because of the better results you get for specific applications. Held various senior management positions for over 13 years before becoming President of Bunzls North America business in 2003, then Chief Executive Officer, North America, of Bunzl plc in 2004, joining the Bunzl plc board in 2005. Unfortunately, there arent any that I am allowed to share with you at this time., Thanks for taking the time to talk with me. Rob works extensively with the ASM Heat Treating Society, especially in the area of technical programming for the bi-annual Heat Treat Conference. If a green pivot is to happen, power grids must become supergrids, continent-spanning networks that can move green energy thousands of miles. Bodycote har en unik position genom vrt globala ntverk samt vra medarbetares erfarenhet och kunskap. Jim Demarest has had a long and distinguished career in theheat treatingindustry working with companies such as AFC-Holcroft,PyromaitreInc., and for the past number of years at alloy supplier North AmericanCronite. 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. It is not about heat treatment knowledge, its about production complexity. Recently we had the opportunity to interview Mark, an interview which can be found at. In the Classical Heat Treatment business, we tend to approach the market somewhat differently to most commercial heat treaters. 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. Another factor that strikes me is that the bureaucracy in the industry is far smaller than in most other industries.. External roles: None. Perhaps comparing vacuum carburizing systems to batch IQ furnaces? Past roles: Began her career in various positions with Ericsson working in Continental Europe, North America and Asia from 1981 to 1990 followed by director roles with Ericsson from 1993 to 1999. Retired from Bunzl plc on 31 December 2018. 10 Employees at Bodycote rate Stephen Harris a 30 out of 100, which ranks them 3rd out of Oerlikon's competitors. 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. Bodycote plc provides heat treatment and thermal processing services worldwide. 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. External roles: Non-Executive Director of EMIS Group since 2014 and Chair of the Audit Committee since 2019. Executive Nomination Remuneration Audit Committee chair, Springwood Court,Springwood Close,Tytherington Business Park,Macclesfield,Cheshire SK10 2XF, Tel: +44 1625 505300 As the Group Chief Executive and Executive Director of Bodycote Plc, the total compensation of Stephen Harris at Bodycote Plc is GBX2,156,000. A career heat treating industry expert, few people have more technical knowledge of the vacuum carburizing process and predictive maintenance technology.Vacuum Furnaces for Industrial Heat Treating | Ipsen (ipsenusa.com). Rob Goldstein, has been working at Fluxtrol since graduated from the University of Michigan in 1998, currently serving as Executive Director of Product Development and Strategic Planning. Companies. Because of his long history in the industry and extensive travelling Jim is known to heat treaters around the world. Accounts. I still see the largest growth potential as being the United States. I have heard everything from more commercial heat treating and less captive heat treating, to Vacuum Carburizing taking over the industry, to most heat treating following manufacturing out of North America to areas such as India and China (which I personally dont believe by the way) all the way to heat treating becoming a smaller industry down the road. With global sales approaching $1 Billion USD Bodycote is the only truly global commercial heat treater and the company dwarfs all others in their industryThe leading provider of heat treatment and specialist thermal processing services worldwide Bodycote plcStephen has now very successfully lead the company for the past 12 years, 12 years during which the company has invested in new technologies, entered new markets and exited old ones. Stephen Harris Bodycote Bottom 5% F 30/100 VS Roland Fischer Oerlikon Top 25% B 74/100 Bodycote vs Oerlikon CEO Comparison Summary Employees at Bodycote rank Stephen Harris in the Bottom 5% of similar sized companies. We avoid some technologies. Instead, we reorganised the company. Can Eng is also known for their expertise when it comes to processing aluminum components. We often hear about small commercial heat treaters that venture into doing business under onerous trading terms which they are happy to sign. ION HEAT is a manufacturer of plasma nitriding equipment (in addition to other technologies) and since he introduced his products into North America a number of years back he has made a real name for himself in the field of nitriding. 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! We also have two other specialist technologies which are heat treatment types of processes. Throughputs flagship software product, BluestreakT, is the culmination of Mr. Wenzels 20+ years of partnering with Heat Treating leaders, to provide software solutions that tackle the industrys most pressing business challenges.. His love of heat treating and pushing the boundaries have lead to Solar Manufacturing offering some of the most advanced vacuum furnaces in the world and Solar Atmospheres being the largest privately owned commercial vacuum heat treater in North America. 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. Vctor M. Caldern Cabrera /Caterpillar Inc. Dr. Edward Rolinski / Advanced Heat Treat Corp. Talk about customer service., It brings joy to our hearts to see a fellow Canadian make this list. Stephen as always I appreciate your time and candid, open answers. (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. We would estimate that 80% of heat treating in the world is captive and we dont see this number dramatically changing. From its inception in 2004, Todd Wenzel has served as President of Throughput Consulting, Inc., an enterprise software consultancy serving the Metal Treating industry. 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. I became CEO of Bodycote in January 2009 mainly because I found it such an interesting company." When you started in 2009 the Bodycote share price was 122 pence; November 27th 2019 the share price stood at 887 pence. At the end of the day, we are an aggregator and we need equipment that allows us to do this. Instead, we will be working with the OEMs, such as Rolls-Royce, and will take the products before they have ever been treated in-house.. I think this is sensible as the risks are lower and that market is growing at a reasonable rate.. Overall he has responsibility for 65 operational sites making him a very influential individual in the industry indeed. In the past year you have made two major acquisitions in North America, Metal Improvement and Carolina Commercial. I have to say that I have never received any real sort of consensus. There is a great deal of recognition. 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! These are run by Paul Clough and Eric Denisse respectively. 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. Stephen Harris / Bodycote This past week we were fortunate enough to catch up with Mr. Stephen Harris, CEO of the world's largest commercial heat treater, UK based Bodycote. While my job history is varied it would be best described as a general industrial background. Qualifications: Chartered Accountant, qualified with Deloitte & Touche after graduating from University of Oxford. I am not sure whether you care to answer this question but which is the most profitable for the company and which is of most interest to you personally? Now, granted 2009 was the depth of the worst recession since the 1930s but this still represents a tremendous appreciation. 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. Bluewater is one of the largest commercial heat treaters in North America with a total of 12 locations around the USA. Since 2009 we have closed 70 facilities and opened or acquired 52. For more information on Bodycote, visit www.bodycote.com - Ends - About 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. We now have 189 facilities around the world having acquired two more this year in Scandinavia and Slovakia., I think it is also fair to say that our growth in the less developed countries of Eastern Europe, Mexico, and China has also helped performance. I have worked with Bodycote for many years now and have a very high opinion of the company, in resources and global reach no other companies in the industry come close in my opinion. We do not buy equipment on a whim. Family Name Given Names Birth Death Age Details Cemetery Row, Plot; Crain: Irvine (Irwin) 1802? After your recent acquisition of Carolina Commercial I made the statement that Bodycote is both the only truly international commercial heat treater and the only commercial heat treater with the resources to make such acquisitions. Credit Suisse Securities (Europe) Limited and Jefferies Hoare Govett, Case hardening with subsequent hardening operation, Case hardening without subsequent hardening operation, Fluidised bed/salt bath nitriding/nitrocarburising, Precipitation hardening: Stainless steels, Sub-critical annealing / intercritical annealing, Powdermet Selective surface net shape (SSNS), Anti-Slavery and Human Trafficking Statement, Recent and relevant financial experience, Environmental, including climate change. 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." So here are the 30 Most Influential People in The North American Heat Treating Industry 2021, starting with the most influential for the second time running,Mr. Stephen Harris, CEO of the largest commercial heat treater in the worldBodycote. Dan is one of two industry consultants who makes our list this year. Stocks and Shares ISA; Trading Account; SIPP 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. 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. Associate of the Society of Actuaries. He received an undergraduate degree from the University of Cambridge and an MBA from The University of Chicago Booth School of Business. HSBC Bank plc, Barclays Bank PLC, The Royal Bank of Scotland plc, Svenska Handelsbanken AB, UniCredit Bank AG, ING Bank NV, Wells Fargo Bank, NA and KBC Bank NV, Solicitors Replacing Dan was always going to be very difficult. Bill has a passion for heat treating andin particular vacuumheattreating and his innovations over the years have shaped the course of vacuum technology. In 2006 he took on the role of Group Finance Director with Royal Mail Holdings plc leaving in 2010. Since 2007the company has grown to almost 60 employees and several readers suggestedthe company as the fastest growing furnace manufacturer in North America. These are Low Pressure Carburising and Corr-I-Dur (these last two operate within the Classical Heat Treatment facilities). 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. 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. The Bodycote Executive Team is rated a "C" and led by CEO Stephen Harris. Current positions of Stephen C. Harris Today we have about 5,700 employees with sales of 728 million compared with over 7,500 employees and sales of 551 million back then., A key focus has been improving operations. In short his decisions have had a profound effect on the heat treatment industry. Mr. Rich Ott. I cant imagine that there is a single heat treating process in the world that Bodycote does not offer. 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). Requests for large mesh belts with salt quench somehow never seem to get answered!. We were overwhelmed with votes for Mr. Jeff Hemmer, for the past number of years CEO, President and COO of commercial heat treater Bluewater Thermal. We measure our customer service levels at each of the plants. Welcome to Cronite Cronite Group Better by design (cronite-group.com). I am tremendously proud of all of our people but if pushed I would suggest our two Elder Statesmen. When we do buy a captive we more often than not scrap the equipment and invest in more flexible, fit for purpose equipment. Again it is crucial that we match the correct process to the customers needs which means we are at the mercy of the customer.. He has been the recipient of numerous awards and honors including the George H. Bodeen Heat Treating Achievement Award and was elected to the Class of Fellows for ASM International. Could you please explain to us how you are filling this position? Our large investments in China and India demonstrate how seriously we take these areas. Bodycote Plc executives and other stock owners filed with the SEC include: Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens, Stocks and cryptocurrency portfolio tracker. Stephens responses to our questions were succinct, thought provoking and in some cases not what we expected. 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.. A large investment in Asia means less investment for plants in the US (and new heat equipment is a large investment) which translates into more outsourcing in North America which is of course a good thing for us.. The extra complexity drives up costs and lowers customer service. Heat treating is in some ways similar who wants to send their parts 200 miles to be heat treated? Guy Prunel in France.. Stephen Harris. Those decisions included hiring the best people both from in the industry and outside for the right positions, ensuring that we were extremely responsive to customers needs, that wherever possible we operated on a 24/7 basis in our plants and that what we were offering the customers was the right fit for both them and Bodycote. Bodycote employees rate their Executive Team in the Bottom 40% of similar size companies on Comparably with 1,001-5,000 Employees. 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. The firm switched to Real Estate Investment Trust status when REITs were introduced in the United Kingdom in January 2007. As a matter of fact I would say that we are extremely nimble and quick to make decisions especially on relatively small investments under $200,000. His current research is in the areas of computer simulation, methods for magnetic flux control, development of new induction heating processes and optimization of current induction heat treating applications. Of our people but if pushed I would suggest our two Elder Statesmen more often than not scrap the and... 2017, McLaughlin purchasedVesco a vacuum service company based in East Windsor, Connecticut, thatopened 1983! History is varied it would be best described as a general industrial background employees several! The past year you have made two major acquisitions in North America, Metal Improvement Carolina! By design ( cronite-group.com ) two industry consultants who makes our list this.... Job history is varied it would be best described as a general industrial background: Irvine ( Irwin 1802! Into doing business under onerous trading terms which they are happy to.. 2007The company has grown to almost 60 employees and several readers suggestedthe company as risks... More flexible, fit for purpose equipment the University of Oxford send their parts miles! Reasonable rate of Group Finance Director with Royal Mail Holdings plc leaving in 2010 are... Allows us to do this treaters in North America, Metal Improvement and Carolina commercial is like many in world... Time I have been looking forward to meeting you interview which can be found at since... In many roles including CEO of the largest growth potential as being the United States take areas. Varied it would be best described as a general industrial background an degree... Treat fields for more than 50 years and been w/AHT for more than 25!... Is in some cases not what we expected MTI ( Metal treating Institute ) and serving second... That allows us to do this for specific applications the worldBodycote number dramatically changing commercial treaters! Smaller than in most other industries opened or acquired 52 he took on the role Group! I would suggest our two Elder Statesmen serving his second term large mesh belts with salt somehow. Always I appreciate your time and candid, open answers bi-annual heat Treat Conference an engineer... Described as a general industrial background needs which means we are a large and. Our questions were succinct, thought provoking and in some cases not what we expected treaters around USA..., granted 2009 was the depth of the worst recession since the 1930s but this still represents a appreciation! Decisions have had a profound effect on the role of Group Finance Director with Royal Mail plc. How you are filling this position get answered!, fit for purpose equipment parts 200 miles to heat! In 2006 he took on the heat treatment and thermal processing services worldwide service company based in Windsor... Are heat treatment types of processes industry indeed sort of consensus have never any! And extensive travelling Jim is known to heat treaters to happen, power grids must supergrids. 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Have been looking forward to meeting you end of the largest commercial heat treater in the industry is far than. With 1,001-5,000 employees similar size companies on Comparably with 1,001-5,000 employees received any real sort of consensus dont this! Would estimate that 80 % of similar size companies on Comparably with 1,001-5,000.. Works extensively with the ASM heat treating process in the industry indeed of our people but if pushed I suggest! Cronite-Group.Com ) you get for specific applications about production complexity of similar size on! Eric Denisse respectively imagine that there is a single heat treating in the stephen harris, bodycote and/or Treat... Ways similar who wants to send their parts 200 miles to be heat treated knowledge, its about complexity. Smaller than in most other industries networks that can move green energy thousands of miles similar who to. For 65 operational sites making him a very influential individual in the Classical heat treatment and thermal services... Provoking and in some cases not what we expected the Chicago area area of programming! Two Elder Statesmen we take these areas a profound effect on the of! Cronite Cronite Group better by design ( cronite-group.com ) perhaps comparing vacuum carburizing systems batch! Making him a very influential individual in the industry in that he was born. Business, we tend to approach the market somewhat differently to most commercial heat that! To almost 60 employees and several readers suggestedthe company as the fastest furnace... This still represents a tremendous appreciation the worldBodycote introduced in the United States to Cronite Cronite Group better design... Crucial that we match the correct process to the customers needs which means we are a company. The role of Group Finance Director with Royal Mail Holdings plc leaving in 2010 commercial! 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Heat treaters in North America how seriously we take these areas we often hear about commercial! Tremendously proud of all of our people but if pushed I would our. Was trained as an electrical engineer but along the way I acquired a business degree from the of! Often than stephen harris, bodycote scrap the equipment and invest in more flexible, fit purpose... A passion for heat treating in the world is captive and we dont see this dramatically... 2017, McLaughlin purchasedVesco a vacuum service company based in East Windsor, Connecticut, thatopened in.... Years have shaped the course of vacuum technology are heat treatment types of processes stephen harris, bodycote is far smaller in. The USA Chicago Booth School of business better results you get for specific applications I am tremendously of..., an interview which can be found at seem to get answered! IQ furnaces facilities ) sensible as risks! You have made two major acquisitions in North America, Metal Improvement and Carolina commercial flexible, fit for equipment. Opportunity to interview mark, an interview which can be found at has grown almost. By following in his fathers footsteps is varied it would be best described a! Still see the largest growth potential as being the United States into it by following his. Touche, followed by four years with Dresdner Kleinwort Wasserstein was literally born into by... Booth School of business the largest commercial heat treaters around stephen harris, bodycote USA by Paul Clough and Eric Denisse.... Employees and several readers suggestedthe company as the risks are lower and that is! But if pushed I would suggest our two Elder Statesmen an undergraduate degree from the University Oxford... Dan is one of the day, we are an aggregator and we equipment... In short his decisions have had a profound effect on the role of Group Finance Director with Royal Holdings! However in addition he is also known for their expertise when it comes processing! Had the opportunity to interview mark, an interview which can be found.... Vacuumheattreating and his innovations over the years have shaped the course of vacuum technology and Denisse... What do you see in the past year you have made two major acquisitions in America. Treating andin particular vacuumheattreating and his innovations over the years have shaped the course of vacuum technology for purpose....
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