RICHMOND, Va.--(BUSINESS WIRE)--Tredegar Corporation (NYSE:TG) announced that W. Brook Hamilton has been named President of the William L. Bonnell Company (“Bonnell”), effective June 1, 2013. Mr. Hamilton, who currently serves as Bonnell’s Director, Business Planning, will succeed Duncan A. Crowdis, who will retire June 1, 2013.
“Brook brings more than 30 years of broad-based industry experience and proven leadership skills to his new role as Bonnell’s president. His extensive background in operations, combined with his business management and process management skills, will help Bonnell enhance its position as an industry leader.”
Nancy M. Taylor, Tredegar’s President and Chief Executive Officer said: “Brook brings more than 30 years of broad-based industry experience and proven leadership skills to his new role as Bonnell’s president. His extensive background in operations, combined with his business management and process management skills, will help Bonnell enhance its position as an industry leader.”
Mr. Hamilton joined Bonnell in 2005 and was the plant manager of Bonnell’s Newnan, Georgia plant from 2006 to 2012. He was promoted to Director, Business Planning in 2012.
Prior to joining Bonnell, Mr. Hamilton held various industry management roles, including Production Manager for Alcan Extrusions, Plant Manager for Wilkinson Steel and Metals, General Manager of Daymond Aluminum, and General Manager of Central Wire Company. He received a Bachelor of Commerce degree in Marketing from McGill University in Montreal, Canada.
Headquartered in Newnan, Georgia, Bonnell Aluminum is a producer of soft-alloy aluminum extrusions primarily for the building and construction, automotive, distribution, electrical, machinery and equipment, and consumer durables markets. Bonnell employs approximately 1,200 people at its facilities in Newnan, Georgia; Carthage, Tennessee; Niles, Michigan; and Elkhart, Indiana. Bonnell’s 2012 net sales totaled $325 million.
Tredegar Corporation is primarily a manufacturer of plastic films and aluminum extrusions. A global company headquartered in Richmond, Virginia, Tredegar had 2012 sales of $882 million. With approximately 2,700 employees, the company operates manufacturing facilities in North America, South America, Europe and Asia. Additional information regarding Tredegar Corporation is available at www.tredegar.com.
FORWARD-LOOKING AND CAUTIONARY STATEMENTS
“Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking statements regarding Tredegar Corporation’s business. These forward-looking statements are not historical facts, but statements that involve risks and uncertainties. Actual results could differ materially from those included in or implied by these forward-looking statements. Accordingly, you should not place undue reliance on these forward-looking statements. Factors that may cause actual results to differ materially from those contemplated by these forward-looking statements include the factors discussed in the reports Tredegar files with or furnishes to the Securities and Exchange Commission (the “SEC”) from time-to-time, including the risks and important factors set forth in additional detail in “Risk Factors” in Part I, Item 1A of Tredegar’s 2012 Annual Report on Form 10-K filed with the SEC. Readers are urged to review and consider carefully the disclosures Tredegar makes in its filings with the SEC. Except as required by applicable law or regulations, Tredegar does not undertake, and specifically disclaims any obligation, to update or revise any forward-looking statement.