CLINTON, Tenn.--(BUSINESS WIRE)--Techmer PM, LLC, announced today that founder John Manuck has been named executive chairman and will be vacating the CEO role. Michael McHenry has become the company’s new chief executive officer, effective May 1. As executive chairman, Manuck will be directly engaged in corporate strategy and acquisitions, while McHenry will drive the day-to-day operations of the business.
McHenry joined Techmer PM in July 2020 as the company’s chief operating officer. He came to Techmer PM after serving as CEO and board director of Master Fluid Solutions, a leading global metalworking fluids company. Previously, he was with BASF, where he led the North America Coatings Raw Materials business as a vice president. Additionally, McHenry held the role of president of Ciba Specialty Chemicals, Coating Effects Segment in the Americas.
“I will be available to provide advice and guidance to the CEO and leadership team, but I’m going to focus primarily on geographical expansion of the business through M&A activities, as well as major strategic elements of the business,” said Manuck. “The day-to-day operations will be in Mike’s capable hands. When Mike joined Techmer PM as chief operating officer, he really immersed himself in all areas of our business. I believe Mike’s understanding of our company and his years of executive leadership experience at companies such as BASF and Ciba will help us achieve the targets set in our five-year strategic plan. I look forward to partnering with him as he transitions into his new role.”
McHenry noted, “Over the past 40 years, John Manuck built an exceptional organization that is a recognized leader in polymer modification and material design through masterbatch and engineering compounds. As CEO of this innovative company, I’m honored to build upon Techmer PM’s success and committed to lead and contribute to its remarkable customer-focused team and strong culture.”
About Techmer PM
Founded in 1981, Techmer PM LLC is a materials design company that specializes in modifying and fine-tuning the properties of technical polymers. The company thrives on partnering and collaborating with plastics processors, fabricators, designers, specifiers, and brand owners. Drawing on a broad portfolio of resins –– from polyolefins to PEEK –– Techmer PM helps manufacturers enhance product function and appearance in scores of end-use markets. The award-winning firm operates seven North American plants and has extensive expertise in virtually every plastics- and fiber-related process, from additive manufacturing and blown film to nonwovens, injection molding, and sheet extrusion. Techmer PM has been recognized six times since in 2014 by Plastics News on its list of “Best Places to Work” in the North American plastics industry. Learn more by visiting www.techmerpm.com.