Volume 13, Issue 3 - May/June 2009

Newsworthy

CPFilms Cuts 45 in Martinsville

CPFilms recently announced the layoff off approximately 45 employees at its Martinsville, Va.-based manufacturing facility. This represents the second of such layoffs in recent times for the Solutia-owned manufacturer. In January the Martinsville facility laid off the same number, the first layoffs since the company’s last cutback, when it let 39 go from the same facility approximately two years ago. In January, company officials pointed to market demands and most recently cited changes in the “current global economic environment” as cause. The company cited a downturn in demands pertaining to the automotive, housing and commercial construction markets and says it is simply aligning production and inventories with demand trends.

Affected employees will receive severance packages, including extended health benefits, and a CPFilms official says the company plans to work with the surrounding community to aid in a best possible transition. The Martinsville facility continues to employ approximately four hundred.

In Europe, the company appointed George Kealy as its new Llumar general manager for the EURMEIAR region, including Europe, the Middle East, India, Africa and Russia.

Kealy most recently served as managing director, Southern Europe for the Vita Group, a manufacturer of advanced cellular foams. He received a Bachelor’s degree with honors in International Marketing from the University of Greenwich, speaks fluent English and French, and has a working knowledge of German.

Kealy will direct marketing, sales, market development and distribution for the region, and will spearhead the company’s efforts to expand into emerging markets.

Pentagon Protection Appoints Wyatt and Fransko, Nicholl Retires From CEO Position

Pentagon Protection, a global supplier and installer of enhanced glass protection, recently appointed Patric Fransko and Dr. John Wyatt to its board. Fransko is senior vice president of operations for Dublin, Ohio-based National Glass Service Group LLC. Prior to his current position, he served as director of sales and marketing for Performance Films and Tools Distributing, also of Dublin, Ohio.

Dr. Wyatt was chairman and technical director of SDS Group Limited and Search Training International Limited prior to the acquisition of those companies by Pentagon in September 2008. Wyatt has more than 20 years of experience in high risk security consulting and the supply of security equipment and products.

Pentagon has also announced the retirement of Alan Nicholl as chief executive officer with immediate effect. Nicholl worked for the Pentagon Group since 2005 and will continue to be a shareholder of the company.


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