Stephen as always I appreciate your time and candid, open answers. With over one thousand primary furnaces and many more temperers in operation, and more in storage, we can sometimes fill the need straight away. 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. Tom is one of three individuals from commercial heat treating giant Bodycote, the other being Mr. Stephen Harris CEO of the company who landed in the #1 position. 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. If customer service falls at a facility, profits soon follow., In addition to hiring great people, a lot of capital investment has been required to enhance the plants. Once a case has been developed and submitted it can take a few weeks to get approved if it fits with the strategic vision for the Group. 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. 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. 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? 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. Super Systems Inc. based in Cincinnati, OH. 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. We avoid some technologies. Bodycote has acquired quite a number of HIP vessels over the years from companies both small and large that have attempted to enter the HIP industry and failed quite spectacularly. While he still has an involvement in commercial heat treating he makes our list today for his efforts in developing one of the more advanced Ion Nitriding systems in the world. Accounts. Bodycote is a UK registered company and is listed on the London Stock Exchange. While most of our questions focus mainly on heat treating we should also talk about your Hot Isostatic Pressing division. We found it interesting the diversity of the list; 3 influencers at captive heat treats are included, 2 consultants, several commercial heat treaters are mentioned and a number of engineers. 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. Tom has five Vice Presidents of Operations reporting to him that run the sub-divisions of: Automotive, General Industrial, East, Central and West., The European ADE business now reports to the two European Classical Heat Treatment Presidents, one for Northern and Eastern Europe and one for Western and Southern Europe. 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/). Stephen Harris - Chief Financial Officer - BT Consumer; Stephen Harris - President - Blue Cross & Blue Shield of Illinois; Stephen Harris - Director, Investments - Brandywine Realty Trust The other businesses in the division are Surface Technology (plasma, HVOF and thermochemical coatings), S3P (Specialty Stainless Steel Processes) and Powdermet (contract manufacturing of products from powder using HIP and 3D printing technologies). History []. In addition I can say that Stephen is a very competent fellow (we would have been surprised if he was not) and remarkably easy to speak with. Dennis has been a part of the North American Heat Treat industry for over 20 years. Because of his current role in acquisitions his knowledge of commercial heat treat firms around the world is unmatched and in turn we would doubt that there are many commercial heat treaters who dont know him. 1. Nobody in the heat treating industry will argue with me when I say that Bodycote is the only truly global commercial heat treater. Keeping things simple is by far the best approach. We spoke earlier about the lower developed countries in Eastern Europe, Mexico and China which clearly offer good growth, albeit at high risk. 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. Are there any exciting new developments you could share with us? Another factor that strikes me is that the bureaucracy in the industry is far smaller than in most other industries.. He is the second generation of the Solar Family of companies with his two sons creating the third generation of the largest privately owned commercial vacuum heat treater in North America. Now, granted 2009 was the depth of the worst recession since the 1930s but this still represents a tremendous appreciation. Some heat treating companies are very successful by stressing a particular process but at Bodycote we are open to consider any process as long as it is the best fit for the customer.. The improved performance is predominantly due to better productivity. So we didnt really replace him. Mark is like many in the industry in that he was literally born into it by following in his fathers footsteps. Bodycote har en unik position genom vrt globala ntverk samt vra medarbetares erfarenhet och kunskap. Obviously continuous processes with salt quenching are highly unattractive to us!, We do like vacuum carburizing. 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The commercial heat treating industry is far more fragmented than virtually any I have seen with numerous players from very large to very small and this has a great deal to do with geography. Located in the US Midwest Bill is one of two consultants on our list this year. Past roles: Chair of Portals International from 2020 to 2022. Bouncing back a little I mentioned how it would appear that you are paying particular attention to the North American market which might or might not be a reasonable statement. 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. Gord, we expect to see several very exciting new things happening in the next twelve months in both our Classical Heat Treatment business and our Specialist Technologies. Jim has been in the industry for over 15 years and has made a real name for himself, especially when it comes to CQI-9 and Nadcap. Contribute. 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. This is a bit of a loaded question as I know that the company has always focused on taking over captive heat treating operations so to rephrase this question slightly do you believe that growth in the future will be more through acquisitions or by taking over heat treating requirements that are currently done in house by manufacturers? Requests for large mesh belts with salt quench somehow never seem to get answered!. Bodycote, a global thermal processing services provider, is expanding its hot isostatic pressing (HIP) capability in Greenville, SC in the U.S. Profit margins in North America are very respectable when compared to the rest of the world and when you consider that it is estimated that the worldwide captive and commercial heat treating industry is worth $35 Billion USD/year and that $20 Billion of this is in the US, North America is and will remain a crucial area for us. Our HIP business is the largest in the world.. As the Group Chief Executive and Executive Director of Bodycote Plc, the total compensation of Stephen Harris at Bodycote Plc is GBX2,156,000. In the Specialist Technologies division, each technology has its own dedicated facilities which are quite separate from the heat treatment business. Both Metal Improvement and Carolina Commercial are profitable, well run companies so we do not plan on any major changes although we are making new investments in these facilities. 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. His research and knowledge of furnace control systems, especially when it comes to nitriding make him one of the leading experts in the world. 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! Non-Executive Director and Chair of the Audit Committee of Polypipe Group plc from 22 September 2020. The extra complexity drives up costs and lowers customer service. It a tough job but the rewards can be high. Bodycote employees rate their Executive Team in the Bottom 40% of similar size companies on Comparably with 1,001-5,000 Employees. In a past life I was involved with the equipment renting business which in some ways is similar -many small companies because who is going to drive more than 50 miles to rent a tool? Services. The first to focus on LPC as a primary product: Dennis Beauchesne quickly realized that the future of heat treating would be lead by Low Pressure Carburizing and worked with the parent corporation to make connections in the following industries to grow their already impressive reference list: Automotive, Captive Heat Treaters, Aerospace, Consumer tools along with tool and die. The facilities are better laid out and far safer than they used to be. Bodycote. With the largest HIP operational capacity in the world, our continued investment demonstrates Bodycote's commitment to align resources to serve our . 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. https://www.can-eng.com/, Bill Jones, Solar Atmospheres/Solar Manufacturing. Other differences that come to mind are the age of the industry and the relative smallness of the bureaucracy. develops and manufactures products for the metal treating industry. This would include long working stints in the Chicago area and Buffalo, in several cases running the North American operations of UK companies. Bill has a passion for heat treating andin particular vacuumheattreating and his innovations over the years have shaped the course of vacuum technology. We have always had great heat treaters in the business but we have made great strides in injecting operational skills. Appointed:November 2016 Bodycote CEO and key executive team Bodycote's Group Chief Executive is Stephen Harris. Roger uses his over 45 years of knowledge in the industry by serving in various roles, including terms as president in both the ASM International Heat Treating Society and Metal Treating Institute (MTI). 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