Wednesday, July 30, 2014
JM Re-Aligning Engineered Products Business to Drive Growth
ME NewsWire/Business Wire
DENVER - Wednesday, July 30th 2014
Johns Manville (JM) today announced they would merge their American, European and Asian activities for Engineered Products into one global business unit. JM’s Engineered Products business manufactures and markets premium-quality glass and polyester nonwoven products for the building and construction industry, filtration and battery separation media, reinforcement glass fibers for composites and specialty industrial glass products.
The reorganization enhances the organization’s ability to serve increasingly global needs in the composites, filtration and energy storage markets.
“Transitioning to one Engineered Products organization furthers our global reach, while maintaining the regional support our customers require,” said JM President and CEO Mary Rhinehart. “The new structure allows us to build on what we already do well in different regions. It will expedite our growth and help us deliver an even more powerful JM Experience to our customers and our employees.”
Previously, JM operated two Engineered Products business units: one for the Americas and one for Europe and Asia. The realignment keeps some of the regional components, mostly within the nonwovens business, while the composites, filtration and energy storage businesses will be managed more globally.
Enno Henze, who is responsible for JM’s nonwovens, fibers and glass textiles businesses in Europe, as well as its nonwovens business in China, will lead the newly created Engineered Products business as Senior Vice President and General Manager. Henze will relocate to JM’s global headquarters in Denver from Germany to lead the Engineered Products business.
Henze said the new organization is designed to support JM’s Engineered Products customers worldwide.
“There are increasing needs for the global supply of products and services, and this change will allow us to support that,” said Henze. “At the same time, the new structure gives us the opportunity to take innovation and customer service to the next level.”
About Johns Manville
Johns Manville, a Berkshire Hathaway company (NYSE: BRK.A, BRK.B), is a leading manufacturer and marketer of premium-quality products for building insulation, mechanical insulation, commercial roofing, and roof insulation, as well as fibers and nonwovens for commercial, industrial and residential applications. JM serves markets that include aerospace, automotive and transportation, air handling, appliance, HVAC, pipe and equipment, filtration, waterproofing, building, flooring, interiors and wind energy. In business since 1858, the Denver-based company has annual sales of approximately $2.5 billion and holds leadership positions in all of the key markets that it serves. JM employs approximately 7,000 people and operates 45 manufacturing facilities in North America, Europe and China. Additional information can be found at www.jm.com.
Holly Leiker, 303-978-2042