PITTSBURGH--(BUSINESS WIRE)--Bolttech Mannings, Inc. announced today that Jerry Jurkiewicz, its President and CEO, will be leaving Bolttech Mannings to pursue other interests. Ed Komoski has been named President and Chief Executive Officer in his place, bringing with him a 30-year track record of successfully growing and managing businesses.
Mr. Komoski was most recently President of the Power Quality Division of Eaton Corporation (NYSE: ETN), having responsibility for over $1bn in domestic revenues as well as global strategy, product development, acquisitions, and best practices deployment. He has extensive experience managing industrial businesses with an energy focus, having formerly held leadership roles at GE Digital Energy, GE Power Systems and Progress Energy prior to his tenure at Eaton.
Mr. Jurkiewicz said, “It is with great confidence that I pass my leadership responsibilities to Ed Komoski. I have enjoyed working with the employees and customers of Bolttech Mannings, but will now be pursuing a business opportunity that allows me to work nearer to my family.” Mr. Jurkiewicz will remain on the Board of Directors of Bolttech Mannings in order to support Mr. Komoski.
“Ed is an accomplished leader with a track record of success in growing and transforming industrial businesses,” said Beth Lesniak, Vice President, Grey Mountain Partners, who added, “He brings with him an impressive mix of leadership, operational expertise, technical breadth, and a passion for customer care. We are fortunate to have found someone with such a perfect set of skills for this business and who can continue to advance our objectives of value creation at Bolttech Mannings. Ed’s success in all areas of the businesses he has managed, including acquisitions, integrations, new branch openings, service operations, and product development on a global scale will be highly beneficial to Bolttech Mannings. We are excited to see the company advance under his leadership.”
“I am thrilled to be joining Bolttech Mannings and look forward to leading the business to take advantage of its full long-term potential,” Mr. Komoski said. “Bolttech Mannings is a market leader with a strong reputation and unique capabilities in service, rentals, and product sales. We have a lot of work ahead of us, but we also have extraordinarily talented technicians, sales leaders, and engineers with deep industry experience. These are the fundamental strengths upon which we will build our future to better service our customers and increase our market presence. I’m excited to have the opportunity to manage a business with such enormous potential, and I’m looking forward to the future.”
About Bolttech Mannings
Headquartered in North Versailles, PA, Bolttech Mannings is a leading service provider in the joint integrity market and the pioneer of the induction bolt heating process. With a reputation for technical expertise and innovative technology, Bolttech Mannings is uniquely positioned as one of the only providers of turnkey bolting and heat treating solutions – on-site service, rental tools and product sales with OEM manufacturing capabilities. Through its 23 field offices located throughout the U.S., the company provides maintenance and emergency services to over 400 customers primarily in the power generation, refinery, and petrochemical markets. For more information, please visit www.bolttech.com.
About Grey Mountain Partners
Grey Mountain Partners is a Boulder, Colorado-based private equity firm that focuses on partnering with management to create lasting value through sustainable operational improvement. Grey Mountain invests in smaller middle-market companies across a wide range of industries, with an expertise on transactions with enterprise values between $30 million and $150 million. For more information, please visit: www.greymountain.com.