Monti joins business into MontiPower Americas, Inc.
Published by Lydia Woellwarth,
Editor
World Pipelines,
Monti Werkzeuge GmbH, the innovator and manufacturer of unique surface preparation technologies including the patented Bristle Blaster®, is pleased to announce that it has reached an agreement with its US distributor MontiPower Inc. and its owner Charles ‘Chuck’ Lockard to combine MontiPower’s business with the business of Monti Tools Inc. (MTI), the US subsidiary of Monti Werkzeuge.
The combined business will be renamed MontiPower Americas Inc. and will trade under the name ‘MontiPower’. It will be located at the current premises of MontiPower in Manassas, Virginia. Chuck Lockard will lead the new MontiPower business as General Manager for the US and Canada, reporting to JF (Frits) Doddema, CEO of MontiPower America’s Inc., and CEO of Monti Werkzeuge Gmbh.
MTI’s present offices in Houston will be closed after a brief transition period. Nevertheless, MontiPower will continue to service the Southwest US area from the offices of MTest, a division of MontiPower, in Humble, Texas.
Commenting on the new organisation, newly installed Monti Werkzeuge Gmbh CEO Frits Doddema said: “The long-term presence of two separate entities representing Monti in the US and Canada and competing against each other makes little sense. When I joined Monti, it was clear to me that this situation had to be resolved and I’m pleased that we have been able to reach agreement with Chuck to move forward as a joined business under his leadership. The combined MontiPower entity will be larger and stronger and provide us with the foundation we need for future growth in these important markets.”
Chuck Lockard commented: “I am very pleased that we are able to take this step today and create a combined MontiPower. I have long argued the former situation undermined our ability to compete and caused needless confusion in the market. I appreciate very much the vision of the new Monti management and I look forward to working closely with them to bring new and innovative surface preparation products to the market and grow our business in the US and Canada.”
The new MontiPower team will be at SSPC Orlando, 11 - 14 February.
Read the article online at: https://www.worldpipelines.com/business-news/29012019/monti-joins-business-into-montipower-americas-inc/
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