Protonex Technology Corp

Archive for the ‘Industry’ Category

Century Arms Appoints Ross Botha as North-Midwest Regional Sales Manager

Tuesday, July 17th, 2018

Delray Beach, Fla. – (July 17, 2018) – Century Arms, North America’s premier AK manufacturer, has announced the appointment of Ross Botha as the company’s Regional Sales Manager for the North-Midwest region. In his position, Botha will work with dealers and channel partners to drive sales initiatives, support channel marketing strategies, and manage channel partnerships.

“Ross brings a trove of industry knowledge and experience to the Century Arms team,” Jason Karvois, Century’s Director of Sales. “Our customers will soon start to appreciate his expertise and guidance in providing them with clever solutions and reliable company interaction.” Botha has been a respected and successful member of the global defense environment over several decades as a military officer, defensive skills trainer, and business development subject matter expert. Most recently, he worked as the Director of International Government and Law Enforcement affairs for a US Defense and Aerospace Company.

“I am really looking forward to continue building the great relationships Century Arms has and introducing other members of the industry to Century Arms and their range of products,” said Botha. “With excellent products that I trust, this is an exciting time to be part of the Century Arms team.”

To learn more about Century Arms and their products, please visit www.CenturyArms.com

Follow Century Arms on Facebook and Instagram.

Congrats to Ross and Century Arms!

Skallywag Tactical & Gray’s Custom Announce Partnership

Friday, July 13th, 2018

Skallywag Tactical is excited to announce the official partnership with Gray’s Custom Knives as the official national distributor of all Gray’s Custom products. Recently Skallywag Tactical and Gray’s Custom relocated to Florida where manufacturing & logistics will be managed and is currently in full operation. Skallywag Tactical & Gray’s Custom Knives will also be releasing product collaborations which will also be distributed by Skallywag Tactical. Visit Skallywagtacical.com for additional information.

Amer Sports completes Peak Performance acquisition and appoints Executive Board Member for Apparel

Tuesday, July 3rd, 2018

Amer Sports Corporation has today (June 29, 2018) completed the acquisition of Peak Performance from IC Group, announced on April 30, 2018. Peak Performance business will be consolidated into Amer Sports as of July 2, 2018. The acquisition will have a minor positive impact on Amer Sports’ 2018 financial results. The purchase of Peak Performance business has been approved by the applicable regulatory authorities.

In conjunction with the acquisition, to enable faster growth and scale & synergy across the apparel brands Arc’teryx, Salomon, and Peak Performance, Amer Sports establishes a new Apparel Category structure with a dedicated leadership under an Executive Board President. Effective immediately, Mr. Jon Hoerauf, General Manager Arc’teryx, is appointed President Amer Sports Apparel Category, and member of Amer Sports Executive Board. Mr. Hoerauf will continue to report to Amer Sports President and CEO Heikki Takala.

Mr. Hoerauf has a long executive career in the apparel and outdoor industry, of which the past 6 years in Amer Sports, and past 3 years as General Manager, Arc’teryx. He is a US citizen.

“We are delighted to welcome Peak Performance to Amer Sports. With Peak Performance in the portfolio, we are now increasingly well positioned to accelerate our growth in Softgoods. To enable this acceleration and to achieve our targeted operational scale benefits across the portfolio, we are re-establishing an Apparel Category structure”, says Heikki Takala. “We are pleased to appoint a strong internal leader with an outstanding track record, Jon Hoerauf, as President for the category.”

www.amersports.com

Remington Outdoor Company Appoints John Flanagan as Chief Financial Officer

Sunday, July 1st, 2018

Huntsville, AL – Remington Outdoor Company (“ROC”), one of the world’s leading designers and manufacturers of firearms, ammunition, and related products, has appointed John Flanagan as Chief Financial Officer

Mr. Flanagan has over 23 years financial experience and over five years of industry experience.  Mr. Flanagan is an innovative leader that achieved exceptional results in rapid growth environments that demand continuous improvement.  Most recently, Mr. Flanagan was the CFO for AcuSport Corporation, a leading distributor of outdoor and shooting sports products.  Prior to that, he was the CFO for Bunn-O-Matic Corporation.

“We are excited to have John join the company as we continue to transform the future,” said Anthony Acitelli, Chief Executive Officer and Chairman of the Board.  “His hands-on experience in financial management, strategic leadership and broad background including domestic and international experience within the manufacturing, distribution, retail, consumer products and service industries will play a key role in accelerating our efforts.”

Mr. Flanagan holds a Master of Business Administration from Cleveland State University Graduate School of Business and a Bachelor’s degree in accounting from John Carrol University. He also maintains a CPA license.

Federal Resources’ Board Appoints Larry Gwaltney As Chief Executive Officer – Robert McWilliams To Become President

Wednesday, June 27th, 2018

The leading government solutions provider makes strategic change to continue to focus on supporting the customers Federal Resources serves.
STEVENSVILLE, MD — June 25, 2018 — Federal Resources Supply Company announced that its Board of Directors has appointed Larry Gwaltney as Chief Executive Officer. Federal Resources also announced that Robert McWilliams, current CEO and Chairman of the Federal Resources Board of Directors, will serve as President and continue as Chairman of the Board.  Federal Resources has experienced exponential growth over the last five years, growing from $80M in revenue in 2012 to $350M+ in revenue in 2017 under Robert McWilliams leadership. This move is in alignment with Federal Resources goals to continue to be the premium solutions provider in the markets that it serves to support the responders and the warfighters throughout the world.

Robert McWilliams commented, “This is the perfect time for Larry to become FR’s next CEO.  The FR team has worked together to build a tremendous company with growth that continues to amaze our competitors and peers.  This strategic move will allow me to focus my time continuing to grow the business while Larry leads the company day-to-day.”

Larry comes to FR from Moore & Van Allen PLLC, a 300-attorney law firm where he served on the firm’s management committee, as co-head of the litigation team, and as FR’s outside general counsel.  Prior to joining Moore & Van Allen, Larry was a U.S. Army officer.  “As FR’s outside legal counsel, Larry supported FR through financing transactions, key customer and partner deals, and strategic acquisitions.” McWilliams noted. “I am truly excited for him to join the team and assist in accelerating FR’s growth and success.”

“I am honored to join the FR team and look forward to the challenge of providing unique, innovative, holistic solutions to FR’s customers,” said Larry Gwaltney.  “I am extremely grateful, and the Company is very fortunate, that Rob continues to devote his incredible energy and talents to the business; I am excited to work beside Rob and with everyone at FR.”

Founded in 1986, Federal Resources is a leading provider of quality products and mission-critical solutions that support the U.S. Military, Federal Government, State/Local Responders, and International Markets. Specializing in comprehensive life-cycle sustainment solutions; procurement and acquisition; technical services and asset management; and training expertise, the organization is dedicated to serving its diverse range of well-established and emerging market segments. Federal Resources strives to fulfill and expand upon its mission to ensure end-users are equipped with the most innovative, reliable, and cost-effective products and technologies available on the market.

For more information, visit www.federalresources.com.

Vista Outdoor Names Joshua Waldron President of its BLACKHAWK! Business Unit

Thursday, June 21st, 2018

Waldron to have Responsibility for BLACKHAWK!, Eagle and Uncle Mike’s Brands

Overland Park, Kansas — Vista Outdoor Inc. (NYSE: VSTO) announced that Joshua Waldron will serve as president of the company’s BLACKHAWK! business unit, effective today. The business unit is part of Vista Outdoor’s Outdoor Products segment and includes brands such as BLACKHAWK!, Eagle and Uncle Mike’s. Waldron will have full responsibility for the business, including finance, operations and manufacturing, sales, marketing and new product development. He will relocate to the company’s Virginia Beach, Virginia, location, which will serve as the business unit’s headquarters due to its close proximity to several key law enforcement and military customers.

For the last decade, Waldron was the co-founder and chief executive officer of SilencerCo, a firearm sound suppression company. While at SilencerCo, he was awarded one of the Top 50 Fastest Growing Companies for six consecutive years by both Mountain West Capital Network’s Utah 100 and Utah Business Magazine’s Fast 50. Under Waldron’s leadership, SilencerCo significantly expanded the suppressor category and increased market share. Waldron is a co-founder and board member of the American Suppressor Association and sits on the board of the Congressional Sportsmen’s Foundation.

“Josh is an exceptional innovator and marketer,” said Dave Allen, Group President of Vista Outdoor’s Outdoor Products segment. “He understands our customers’ requirements, and his entrepreneurial mindset is essential to lead these brands in developing the next generation of leading products for the tactical market.”

“I am excited to join the BLACKHAWK! team and get to work on delivering new, innovative solutions to our core consumers,” said Waldron. “I am passionate about this industry and the opportunity to lead such a strong portfolio of well-recognized brands.”

About the BLACKHAWK! Business Unit

The Vista Outdoor BLACKHAWK! Business Unit is a leading designer, manufacturer and marketer of consumer products in the tactical, law enforcement and military segment. The division operates under three brand names, BLACKHAWK!, Eagle and Uncle Mike’s, and has a portfolio with a wide range of items for recreational and professional pursuits. With some of the most trusted names in the tactical market, the Vista Outdoor BLACKHAWK! Business Unit prides itself on providing innovative products of the highest quality to those professionals that demand the best. We’re constantly researching, refining and perfecting every detail to provide gear that won’t let you down. Because we’re not just making stuff. We’re honoring a vow.

www.blackhawk.com

POF-USA Chosen as Rifle of the Year at 2018 Industry Choice Awards

Wednesday, June 20th, 2018

(06/19/2018) Phoenix, Arizona – Patriot Ordnance Factory is proud to announce taking home the Rifle of the Year award from the 2018 Firearms Industry Choice Awards for a second year running.  POF USA was honored to attend and thanks everyone involved in the awards process, as well as congratulating the other winners.

The Renegade + is a departure from the original vision of Patriot Ordnance Factory, who is known for being a pioneer in the piston MSR category of rifles, and for still having the most reliable and feature-packed piston driven MSR on the market.  Historically, there was much debate on whether or not POF-USA would or should even enter the Direct Impingement market.  However, Frank has never been one to back down from a challenge, and in true POF-USA style, the Renegade+ took form.

Built on the unique and fully ambidextrous Gen 4 lower, featuring multiple upgrades and produced with 100% American sourced made raw materials and innovation. The Renegade + and Renegade + SPR with its 18.5” stainless barrel are clearly several steps ahead of the majority of the MSR market.  The upper receiver is built around the unique heat sink barrel nut, the 9 position adjustable DIctator gas block, a match-grade accurate 18.5” .223 Wylde barrel, and features our Renegade M-Lok rail with 4 QD sling mount points.

Finishing what is already an impressive rifle is the Ultimate DI bolt carrier group with High-phosphate nickel coating, a roller cam pin, and features a one-piece construction with an integrated gas key.  The rifle also features the Tomahawk ambi charging handle.

For more information, visit www.pof-usa.com or call 623-561-9572.

Former Wellco Executives Sentenced For Roles In Berry Compliance Violations

Friday, June 15th, 2018

Former executives of Wellco, a US-based footwear manufacturer, pleaded guilty in January to either conspiracy to commit wire fraud or smuggling goods into the United States. The charges stem from the guilty parties’ scheme to manufacture boot components in China, destined for US military contracts and then assemble and pass them off as US made goods, in violation of the Berry Amendment which requires textile products to be produced domestically from US materials.

Recently, most of the conspirators were sentenced.

The former CEO of Wellco, Vincent Lee Ferguson of Knoxville, TN, pleaded guilty to conspiracy to commit wire fraud. He has yet to be sentenced.

Former Sr VP of Sales, Matthew Lee Ferguson of Geneva, IL, pleaded guilty to conspiracy to commit wire fraud. Sentenced to six months in prison.

Former Marketing Director, Kerry Joseph Ferguson of Houston, TX, pleaded guilty to conspiracy to commit wire fraud. Sentenced to six months in prison.

Former Wellco Operations Manager, Stephanie Lynn (Ferguson) Kaemmerer of Knoxville, TN, pleaded guilty to smuggling goods into the United States. Sentenced to five years probation.

Former VP of Govt Contracting, Neil Streeter of Warren, MA, pleaded guilty to smuggling goods into the US. Sentenced to five years probation.

Former Dir of Distribution and Logistics, Matthew Harrison Martland, pleaded guilty to aiding and abetting the altering of country of origin marks. Maryland was sentenced to six months probation.

The current ownership of Wellco, Original Footwear Holdings, also owns Altama and cooperated with the government throughout the investigation. Altama is an SSD advertiser.