What's New / Trade Shows
Wednesday, July 14, 2010
Wynne Wister Retires – Bob Lombardo Named Managing Director
Dear valued customers and vendors,
As many of you may already know, Phillystran was acquired by WireCo WorldGroup in January 2010.
WireCo is the world’s largest leading producer and marketer of wire rope. We are very excited about the impact this has had and continues to have on our company. We are looking forward to the worldwide opportunities we are being exposed to as well as an all around company growth.
It is at this time that we would like to announce the retirement of Wynne Wister as President of Phillystran, Inc. We wish him well and thank him for his many years of service!
We are also excited about the changes taking place within the infrastructure of Phillystan! Effective immediately, Bob Lombardo will take on the role of Managing Director of Phillystran, Inc.
Bob has worked for Phillystran for more than 32 years. Since WireCo WorldGroup’s acquisition of Phillystran, Bob has become a prominent part of the integration of synthetic rope products into WireCo’s existing product lines. Please join us in congratulating Bob on his new role!
We value your continued business and are happy that you can be a part of this growth and development in Phillystran’s history.
Tuesday, January 05, 2010
WireCo WorldGroup acquires Phillystran, Inc.
Kansas City, MO – January 5, 2010 – WireCo WorldGroup (WireCo), the world’s leading producer and marketer of wire rope and electromechanical cable, announced today that it has completed the acquisition of Phillystran, Inc., based in Montgomeryville, PA.
Phillystran, Inc. is a leading manufacturer of high tenacity fiber ropes, strands, braids and strength members from fibers such as Kevlar®, Twaron®, Technora®, Vectran®, Spectra®, Dyneema® and Zylon® for specialized applications including mooring lines, life lines, winch lines, boat rigging, structural and support lines, power cables and broadcast tower guy cables. Phillystran also manufactures polyester ropes for specialized applications.
Ira Glazer, WireCo CEO, said, “Phillystran has an excellent reputation in the field of high tech synthetic ropes and serves as our entrée into this important market. The synergy of their technical expertise and our market reach provides us a great opportunity in this important market to offer the best solutions for our customers worldwide.”
Phillystran has more than 35 years of experience in manufacturing of specialty ropes and strength members, and its top priorities are product quality and the satisfaction of long-standing customers. Phillystran operates with locations in the United States and the Netherlands.
“Our entire team will remain intact assuring our customers continuity of service and product quality,” stated W. Wynne Wister, former owner of Phillystran and now a Senior Vice President of WireCo WorldGroup. “We expect to grow our business substantially and, through this transaction, now have the capacity to support that growth.”
Current plans include investments in existing operating facilities and equipment as well as continued emphasis on research and development programs.
WireCo WorldGroup is owned by investment funds managed by Paine & Partners, LLC, the San Francisco, Chicago and New York-based private equity firm.
Phillystran, Inc. establishes Phillystran Europe BV
Phillystran, Inc. announces the establishment of Phillystran Europe BV, located in The Netherlands. Jan-Kees Noordhoek has been appointed Director of Phillystran Europe BV and will be responsible for sales and growth of the European Market. Noordhoek has over 15 years of experience in the fiber rope business and most recently held the position of Commercial Director at Lankhorst Ropes Offshore Division.
Contact details:
Phillystran Europe BV
Jan-Kees Noordhoek
Director
Kralingseweg 264B
3066 RA Rotterdam
The Netherlands
Phone: +31 (0) 10 8485924
Web: www.phillystran.nl
E-mail: jkn@phillystran.nl |
