SANTA CLARA, Calif., July 27, 2017 /PRNewswire/ -- Ferrotec (USA) Corporation, the US subsidiary of Ferrotec Holdings Corp., a global supplier of materials, components and precision system solutions, today announced that Nigel Hunton has joined the company as president and chief operating officer, reporting to Eiji Miyanaga as chief executive officer. Hunton will be responsible for Ferrotec (USA) Corp. business operations, while Miyanaga will focus on global initiatives driven by Ferrotec to enable its customer's evolving business requirements.
"Nigel brings a tremendous amount of experience and knowledge that can strengthen Ferrotec's business and we are delighted to welcome him to our senior management team," said Eiji Miyanaga. "Ferrotec has seen strong, consistent growth in our global business, and we're excited with our outlook going forward. Nigel's leadership in the vacuum technology industry and his background managing large technology organizations make him ideally suited to help the company achieve new heights."
"I'm very excited to be joining Ferrotec at this important time in the company's development. Ferrotec is a very strong brand with a market leading position, built off the back of patented technology and innovation, an outstanding team of people, great customer relations and a clear vision of what it wants to achieve," said Nigel Hunton. "I'm looking forward to engaging with Ferrotec's great customer base, strengthening our partnerships and working with the Ferrotec team to build on the successes that they've had."
Hunton brings over 30 years of corporate leadership experience to the team. Hunton was previously chairman and CEO of Edwards Limited, the market leading global vacuum technology company, during which time he led the sale of the company from Linde to CCMP Capital in 2007 and then successfully restructured the business. He was responsible for transforming the manufacturing footprint, driving new product innovation, building revenues to $1bn and significantly increasing profitability. More recently, Hunton served as CEO for MBA Polymers, an award-winning cleantech business. Hunton has also served on the board of multiple companies.
About Ferrotec Corporation
Founded in 1980, on a technology core of Ferrofluid magnetic liquid and Ferrofluidic® sealing products, Ferrotec Holdings Corporation (JASDAQ: 6890 (OTC)) is a worldwide leader in the supply of materials, components, and precision system solutions for industrial businesses. Ferrotec is a diversified world-class industrial organization with a global presence in a broad array of technology driven end markets (semiconductors, automotive, photovoltaics, smart phones, LEDs and FPDs). Ferrotec's innovative products include Ferrofluids and Ferrofluidic solutions; Thermal solutions; Silicon wafers; Solar wafers; Fabricated Quartzware; Advanced Ceramics and Vacuum coating solutions. For additional information about Ferrotec's products, visit the company's web site at www.ferrotec.com.
SOURCE Ferrotec Corporation