MOUNT GILEAD, OHIO — Plastics machinery maker HPM Corp. has created a new position, chief executive officer, and filled the post with James Kolinski, who had run a $200 million hydraulic work platform business.
HPM announced the move Jan. 29. The company in Mount Gilead makes injection molding machines, extrusion systems and die casting equipment.
Kolinski comes to HPM from Grove Manlift, where he was president and chief operating officer.
Grove Manlift, in Shady Grove, Pa., makes mobile hydraulic cranes that serve as aerial work platforms.
Working at parent company Grove Worldwide, he established Grove Manlift in 1993 and expanded sales from $50 million to more than $200 million, with pretax profit of $17 million.
Kolinski was traveling to HPM's factory in Schwerin, Germany, and was not available for comment.
Kolinski, 57, will handle day-to-day operations at HPM's headquarters plant in Mount Gilead and the Schwerin factory.
He reports to Neil Kadisha, president and CEO of Stadco Inc., HPM's parent company in Los Angeles.
Stadco, which makes precision-machined metal parts, bought HPM in 1996.
In a prepared statement, Kadisha said the hiring ``is part of our ongoing growth and evolution.''
HPM veteran William Flickinger remains as president and COO.
Kolinski holds a bachelor's degree in industrial management and a master's degree in business administration from Western Michigan University.
The announcement was made by Kadisha and Parviz Nazarian, director and chairman of Stadco.