Flambeau progressing with Mastercraft integration

By Roger Renstrom
Correspondent

Published: February 17, 2012 6:00 am ET

Related to this story

Topics Mergers & Acquisitions, Medical, Injection Molding

ANAHEIM, CALIF. (Updated Feb. 17, 2:50 p.m. ET) — Flambeau Inc.’s medical markets group named Barry Kaufman as operations manager effective Feb. 13 and is seeking a vice president of sales and marketing.

Dale Behm left as vice president of the recently acquired medical business, top Flambeau executive Jason Sauey said in an interview in Anaheim. “It comes down to fit” between the individual and the organization, Sauey said.

Behm left Flambeau on Feb. 6. “I am looking for another company to take to the next level as I did with Mastercraft,” Behm said via email. “I have grown this business by 200 percent over 3.5 years.”

“We are in a search for [someone for] the business development role” in the group, said Sauey, president and CEO of Flambeau parent firm Nordic Group of Cos. Ltd.

Baraboo, Wis.-based Flambeau acquired Mastercraft Cos. of Phoenix on Aug. 15 for its strong medical device and contract manufacturing capabilities. Now, the medical markets group accounts for about 5 percent of the sales of Flambeau Inc., Sauey indicated.

Sauey characterized the integration of Mastercraft operations into Flambeau as going smoothly under the direction of Todd Spencer, Flambeau’s chief administrative officer. Spencer has split his time between Baraboo and Phoenix but is beginning to reduce his role in the Phoenix operations with Kaufman’s arrival.

Arle Rawlings sold the Mastercraft Cos. consisting of injection molder Polycraft Industries Inc. and precision mold maker Mastercraft Mold Inc. Plastics industry veteran Behm had been Mastercraft chief operating officer prior to the acquisition.

An earlier iteration of Flambeau’s medical markets group manufactured cases of appropriate resins suitable for cleaning and sanitizing to meet the requirements of emergency medical technicians and early responders. That production continues with the Flambeau industrial markets and packaging group.

Sauey has elevated the medical markets group to the same reporting level as its other highly diversified business units.

“We are healthy” as a business and balanced without concentrated market positions, Sauey said. “We are able to withstand pressures from specific industries and specific customers”


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Flambeau progressing with Mastercraft integration

By Roger Renstrom
Correspondent

Published: February 17, 2012 6:00 am ET

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