MOUNT GILEAD, OHIO — John Lauchnor, who as vice president of operations helped lead HPM Corp.'s reorganization after it was bought by Stadco Inc. in 1996, has left the firm.
Lauchnor left HPM, a plastics machinery company in Mount Gilead, in May. Both Lauchnor and Neil Kadisha, president and chief executive officer of Stadco in Los Angeles, declined to provide details but said the parting was on good terms.
In fall 1996, Kadisha hired Lauchnor, who had worked at Cincinnati Milacron Inc. and ABB Robotics, and named him HPM's vice president of operations. Stadco has invested several million dollars in HPM's two aging assembly factories in Mount Gilead. Lauchnor and other managers improved work flow, set up cell manufacturing and added a new computer system and metalworking machines.
HPM manufactures injection molding machines, extruders and die-casting equipment.
Reached at home, Lauchnor said he is evaluating several job options and doing consulting.
Lauchnor was one of several outside managers Kadisha hired to run HPM. Although he would not discuss Lauchnor's situation specifically, Kadisha said, ``As you build up companies and reorganize them, as we have done, you hire a lot of people, and after a year or two, some of them don't work out.''
He is not looking for a new vice president and general manager. ``Some of [Lauchnor's] responsibilities have shifted to other people and there are no plans to replace him,'' he said.