He has architected and built custom enterprise software solutions since the mid 1980s, and has been heavily involved in the Metal Treating sector of manufacturing since 1990. The firm switched to Real Estate Investment Trust status when REITs were introduced in the United Kingdom in January 2007. That being said, which geographic areas of the world do you see as offering the largest growth potential to your company? Foremost of these is that they cannot buy businesses or properties. Over the course of the past few weeks we received literally hundreds of votes covering approximately 80 individuals, at the end of the day we elected to change our list to the30 Most Influential People in The North American Heat Treating Industry 2021because of the excellent suggestions. McLaughlinFurnace Group was founded in Avilla, Indiana, USA in 2007 by Mr. JeffMcLaughlin as company offering new furnaces. Rich is a long time heat treater working with both commercial and captive heat treaters and incredibly knowledgeable about all aspects of heat treating. 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. A good question. However in addition he is also President of MTI (Metal Treating Institute) and serving his second term. Just click the envelope beside your performance below to notify us and get it on your profile. Interactive Investor. 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. Another factor that strikes me is that the bureaucracy in the industry is far smaller than in most other industries.. Fair statement in your opinion? When we spoke a few years back you estimated that captive heat treating represented 80% of the total market and commercial heat treating the remainder. 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. 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 Companies. And the man in charge of these heat treats? He has been a key member of the team for many years. 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. At this point we are going to single out two individuals for a special mention,Shlok Sundaresh,Engineering Manager TS USA andAymeric Goldsteinasof furnace builder Ipsen. Out of their 3 competitors, Oerlikon, Kennametal, and GKN, Bodycote's score ranks in 3rd place. You have some really top notch people in the company, some of whom I have known for years and would consider personal friends-are there any that you would like to single out for a mention? For instance heat treating of fasteners can be very profitable if there is a very strong demand for fasteners in a given area however as this demand goes up or down it affects our profitability. Qualifications: Graduated with a BSc in Mathematics from Concordia University, Montreal followed by an MBA from INSEAD, Fontainebleau. Customer service is, of course, a key attribute in our industry. 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. 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. Nobody in the heat treating industry will argue with me when I say that Bodycote is the only truly global commercial heat treater. Bodycote is a UK registered company and is listed on the London Stock Exchange. Stephen, in preparation for this interview I went through my notes and re-read the interview we did a few years back (this can still be found at https://themonty.com/project/stephen-harris-bodycote/). 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.. Roger Joneshas a passion for heat treating that is in his blood. Of course, its our size and number of facilities that allows us to achieve these economies of scale.. 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 heat treating industry. Together with the new Nitrex executive team, he is part of the next-generation leadership that will support the next phase of the companys growth and development. Locations. External roles: Non-Executive Director of Tele 2 AB from 2014 and Keller Group plc since 2017. An official opening event is expected to take place when conditions allow, states the company. He has also been very active in helping to grow United Process Controls into one of the largest furnace controls companies in the world. Not only has he been a pioneer for theLow PressureVacuum Carburizing sector Dennis is a true collaborator within this community on many facets. Its headquarters is located at Macclesfield, England, GB. Stephen Harris and the Bodycote leadership team are scored a "D" by 10 employees placing it in the Bottom 20% of companies sized 1,001-5,000 Employees. Obviously continuous processes with salt quenching are highly unattractive to us!, We do like vacuum carburizing. We would have beenshocked if Mr. Bill Jones a true pioneer in the vacuumheat treatingindustry did not receive a number of nominations. Our HIP business is the largest in the world.. Are there any exciting new developments you could share with us? Search our database of over 100 million company and executive profiles. Regulatory News Articles for Bodycote Plc Ord 17 3/11P 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. 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. For instance when a foreign manufacturer sets up a facility in Asia it is generally for the local market and usually includes an in-house heat treating department. Amongst his many accomplishments are these;Instrumental in building the LPC market here in North America: ECM USA, Inc was incorporated in 1998 and Dennis Beauchesne was instrumental in assisting ECM Technologies located in France with building a presence within North America. While the general direction was set at the top level we have always believed that most decisions need to be made at the local level so our local managers have a great deal of decision making responsibility. We would have beenvery surprisedif Mario Ciampini of Bodycote didnt make our list and he is the third member of the Bodycote Team to do so. After what 4 or 5 years in the industry what is your impression of the industry and how does it differ from other industries you have been involved with? 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. For 20 years The Monty has published on abiennial basis a list of the25 Most Influential People in the North American Heat Treating industry. This investment demonstrates Bodycote's continuing commitment to align resources to serve our customers across North America." Based in Ohio,Bobs knowledge of furnace controls systems rivals anybody else in theindustry. Other differences that come to mind are the age of the industry and the relative smallness of the bureaucracy. Qualifications: Graduated from Illinois Benedictine University (major Economics & Business Economics) followed by achieving Certified Public Accountant, followed by an MBA from Loyola University of Chicago and a Masters of International Business from St. Louis University. 31 May 1891: 89: son/Andrew & Eleanor (Ellen) (Irvine); b. Corkhill, Kilskeery Pari With the two companies Jeff is now able to offer vacuumfurnaces, atmosphere furnaces, carbottoms and nitriding systems. Not only has he been very influential in the North American Heat Treat Industry (since 1981) when it comes to Ion and Gas Nitriding, he is very influential in his approach to servant leadership of his employees. Our recent acquisitions demonstrate that we take this seriously and that have the ability to offer heat treating services in every area of North America.. 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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. To phrase it another way what have you changed at the company since you became CEO? 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. External roles: Non-Executive Director of Huttig Building Products Inc., a NASDAQ listed international distributor of construction products since 2015. Gary will try anything if it results in a win/win for AHT and the customer. 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%. External roles: Non-executive Chair of CellMark AB from 2021 (not listed) So, as you can see, we do not believe there is any real overlap between HIP and heat treatment., We are aware of a number of heat treaters going into the HIP business. I became CEO of Bodycote in January 2009 mainly because I found it such an interesting company.. History suggests that this is a very risky move. In the US this is in Dallas.. He received an undergraduate degree from the University of Cambridge and an MBA from The University of Chicago Booth School of Business. He was recently featured on Heat Treat Podcast speaking with Mr. Carlos Torres of MATTSA. Spent his early career in engineering with Courtaulds plc and then moved to the USA to join APV Inc from 1984 until 1995, where he held several senior management positions. Services. It a tough job but the rewards can be high. While my job history is varied it would be best described as a general industrial background. He describes himself as a Heat Treating furnace professional in Nitriding, Carburizing, Atmosphere processes, Vacuum Carburizing, LPC, andSurface Engineering and Mark made our list in 2019. Stocks and Shares ISA; Trading Account; SIPP More than 25 Years of experience in the instrumentation and maintenance of thermal equipment. Edward has played an integral role in putting AHT on the map w/regards to his technical expertise, material awareness and incredible engineering background. The Bodycote name is most closely associated with heat treating but I know that your Hot Isostatic Pressing Division is very successful. His vast experience in the field includes materials science, engineering, metallurgy, equipment design, process and application specialist, and new product research. Live market coverage co-anchored from Hong Kong and New York. Fred Hamizadeh, Director Global Manufacturing Services AAM Heat Treat & Facilities Process. 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. Karl-Michael Winter, V.P. Stephen Harris, Bodycote Group Chief Executive, commented, 'We're very pleased to announce the opening of the new facility in Elgin, Illinois. Fellow of the Institute of Chartered Accountants and the Institute of Engineering and Technology. Roger has used his knowledge of Heat Treating to help educate others by writing and publishing several technical papers on Heat Treating and Materials Process as well as traveling to and teaching at conferences and local ASM chapters all over the country. 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! Id like to recognize my teammate, Dr. Edward Rolinski, for his impact on the heat treat industry, in particular Plasma Nitriding and Nitrocarburizing processes. He was appointed to the Board of Powell Duffryn plc as an Executive Director in 1995 and then went on to join Spectris plc as an Executive Director from 2003 to 2008. Stephen Harris is the Group Chief Executive Officer at Bodycote. In 2017, McLaughlin purchasedVesco a vacuum service company based in East Windsor, Connecticut, thatopened in 1983. Mr. Stephen Harris, CEO, Bodycote Plc. Because of his long history in the industry and extensive travelling Jim is known to heat treaters around the world. What is the salary of Stephen Harris? Connections. 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. 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. Contribute. Replacing Dan was always going to be very difficult. Registered Number519057 England and Wales. The problem is that when they have a quality escape, the OEM ends up owning the heat treater, which is not what anybody wanted., Apart from our bias towards large customers I would say the biggest difference between us and most commercial heat treaters is our focus. How does the Bodycote model differ from other commercial heat treaters? 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. Qualifications: Bachelors Degree in Engineering from the University of Cambridge. We have had the privilege of working with Ron for quite some time and can say he is a good man who knows his stuff. 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. Beginning as a Sales Representative, Dennis quickly became a trusted employee and leader thus helping to grow the business in Wisconsin as it is today. HTSU offers complete services for the industry from Refractory to ISO:IEC 17025:2005 Pyrometry Services and has grown to 5 locations. 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. Mr. Stephen Harris, CEO, Bodycote Plc. Cynthia considers herself as a person of ethnic minority due to her part Asian background. Stephen HARRIS est Prsident de la socit BODYCOTE situe 117 ALLEE DES PARCS 69800 ST PRIEST au capital : 32 725 924 . The first thing we do is then look for unused or underutilised furnaces already in our network. A metallurgist by background Bill works both as a consultant and also as a independent manufacturers rep for several industry suppliers. We do not like salt both for environmental reasons and because of poor production flexibility. Stephen Harris, Group Chief Executive, and Dominique Yates, Chief Financial Officer, introduce Bodycote, our strategy, and business model. We do not buy equipment on a whim. In short his decisions have had a profound effect on the heat treatment industry. Wenzel is a graduate of the Milwaukee School of Engineering and is a Microsoft Certified Solution Developer. This includes the companys facilities outside of North America also which means Fred is also responsible for AAM in Mexico and Poland. The Bodycote Executive Team is rated a "C" and led by CEO Stephen Harris. As an example we looked closely at which jobs were profitable and which werent and made decisions based upon this. We avoid continuous processes such as mesh belts and pushers, once again due to limited flexibility and poor carbon footprint. My guess is that if you could measure it accurately you would find that there is now more done in-house than there was ten years ago due to this effect., Bodycote is always looking actively to take over captives. North American Cronite is one of the largest suppliers of heat resistant components in the world and Jims official title isVP Sales & Marketing, North American Cronite. Located in the US Midwest Bill is one of two consultants on our list this year. . The international leader in thermal processing focused on servicing the specific needs of a diverse client base, from the regional demands of the automotive and general industrial markets to the global network essential to meeting the needs of our aerospace, defence and energy customers. To what do you attribute this? Services. 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. We measure our customer service levels at each of the plants. Family Name Given Names Birth Death Age Details Cemetery Row, Plot; Crain: Irvine (Irwin) 1802? What other geographic areas do you see as particularly of interest to you? 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Bodycote | 51 447 fljare p LinkedIn. The technology is here, but politics may stand in the way. Would you care to comment on this? His teamate Mikel Woods provides this summary of his expertise. It is a dangerous temptation to keep adding technologies to a single plant. Services. Industry applications are wide-ranging, with early adoption expected in aerospace, oil and gas, power generation and mining". Based in the USA Geoffrey has been CEO of the Ipsen Group for the past two years which means he oversees the companys operations around the world. And what do you see in the future for Mr. Stephen Harris? This investment demonstrates Bodycote's continuing commitment to align resources to serve our customers across North America." William Bill Andreski, President MetConsult LLC. 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? Bluewater is one of the largest commercial heat treaters in North America with a total of 12 locations around the USA. My understanding is that Bodycote is considering all heat treating technologies currently available and amongst the criteria for new equipment is the degree to which it is environmentally friendly. The number of employees ranges from 1.0K to 5.0K. 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. As the Group Chief Executive and Executive Director of Bodycote Plc, the total compensation of Stephen Harris at Bodycote Plc is GBX2,156,000. Stephen Harris, Bodycote Group Chief Executive, "We are pleased to address our customer needs by bringing HIP services closer to their facilities. 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. It is a job that carries a great deal of satisfaction if performed well. Mike Klauck has spent his life in the industry and as President of furnace builder Can-Eng he has had a very decided influence in the industry, especially when it comes to the use of mesh belt lines. Woodworth is a family owned business and Terrys sons are taking over more and more of the day to day operations. The leading provider of heat treatment and specialist thermal processing services worldwide Bodycote plc, Metal & Steel Heat Treating :: Bluewater Thermal Solutions, Commercial Heat Treating Company | Solar Atmospheres, Solar Manufacturing Our vacuum heat treating and brazing furnaces are designed to be the most energy efficient, cost effective, highest performing and most technically advanced furnaces on the market. He was appointed to the Board of Powell Duffryn plc as an Executive Director in 1995 and then went on to join Spectris plc as an Executive Director from 2003 to 2008. Our accreditations Supplying some of the most highly regulated industries, Bodycote boasts an extensive list of accreditations: An introduction to Bodycote Stephen Harris, Group Chief Executive, and Dominique Yates, Chief Financial Officer, introduce Bodycote, our strategy, and business model. We have traced heat treating back to 800 BC which means nothing is new in the industry and yet on the other side of the coin it is not a particularly mature industry in that there remains a lot that can be improved upon and modernized. This question ties in with the previous one: how much autonomy does each general manager have? 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. Active Dallas, TX President for Bodycote K-Tech, Inc. Overview. R&D Nitrex Metal. 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. Eversheds Sutherland (International) LLP, Herbert Smith Freehills LLP and DLA Piper UK LLP, Brokers The improved performance is predominantly due to better productivity. Stephen Harris, Bodycote Group Chief Executive, stated, "The recent breakthroughs are truly game-changing technologies for component design and manufacturing. 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. This is a statistic that is almost impossible to measure accurately. Furthermore, we segregate high volume plants from lower volume/high flexibility plants. Ben Rassieur, President at Paulo Products Company. When I became CEO of Bodycote it was an extremely difficult time for all heat treaters. 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