Magnetek, Inc. Names New Vice President
MENOMONEE FALLS, Wis. - August 8, 2008 - Magnetek, Inc., (NYSE: MAG) today announces the promotion of Brad Taylor to vice president of mining, service and supply chain. Taylor joined Magnetek in January of 2007 as the director of supply chain management. He received a Bachelor of Science in Electrical Engineering Technology from Milwaukee School of Engineering.
Prior to joining the Company, Taylor was director of materials for Cherry Electrical Products and has held a variety of positions in engineering, global sourcing, operations/materials, sales, marketing, and business unit management.
Executive vice president and chief operating officer, Peter McCormick, said, “Since Mr. Taylor has been at Magnetek, his efforts to improve service to our customers and involve suppliers in the design process have helped Magnetek remain competitive in the marketplace.” McCormick added “His diverse experience will provide a solid foundation as we look to build upon the success of the mining and service organizations with an increased focus on growth opportunities.”
Taylor holds certifications in Purchasing Management (C.P.M.) and Production and Inventory Management (CPIM). He resides in Muskego, Wis., with his wife and two children.
Magnetek manufactures digital power and motion control systems used in material handling, people-moving, and energy delivery. Headquartered in Menomonee Falls, Wis., in the greater Milwaukee area, Magnetek operates manufacturing plants in Pittsburgh and Canonsburg, Pa., and Mississauga, Ontario, Canada, as well as Menomonee Falls.
Director, Marketing Communications
This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the effect of the acquisition of the Enrange business on Magnetek’s business and its position in the material handling industry. These forward-looking statements are based on the Company’s expectations and are subject to risks and uncertainties that cannot be predicted or quantified and are beyond the Company’s control. These risks and uncertainties include effects of economic, market and operating conditions on the Company and its financial results. Other factors that could cause actual results to differ materially from the expectations are described in the Company’s reports filed with the Securities and Exchange Commission pursuant to the Securities Exchange Act of 1934.