The parent company of auxiliary equipment suppliers Conair Group Inc. and Rapid Granulator AB, and 50 percent owner of robot maker Automated Assemblies Corp., is forming a new firm to manage those businesses and look at acquisitions.
Sewickley Capital Inc., a Pittsburgh holding company headed by G. Watts Humphrey Jr., is creating a new organization called International Plastics Equipment Group Inc.
Conair and the other IPEG companies will continue to operate as separate entities, with their own independent sales networks.
``This new organization anticipates growth and additional acquisitions,'' said E. Niles Kenyon, president of Conair since 1986. He will become IPEG's president and chief operating officer. Kenyon said the organization ``will provide a common strategic focus among the IPEG companies and nurture synergy in areas like technology, new product development and customer service.''
Conrad Bessemer, formerly vice president of operations for Pittsburgh-based Conair, now becomes president of Conair North America. He assumes overall management responsibility for the firm.
John Vandenbergh continues as managing director of Conair Europe Ltd. Other management details include:
* Dick Christopher, formerly vice president of sales and marketing at Conair, becomes IPEG's vice president of global accounts marketing and sales. He will manage key accounts and oversee marketing services across all IPEG companies.
* Hank Dixon moves from vice president of product technology at Conair, to become vice president for strategic partners and technology at IPEG. He is responsible for partnerships and joint ventures and will coordinate all intercompany product and technology efforts. He also supervises product developments.
* Gene O'Sullivan, Conair vice president of finance, becomes IPEG's vice president and chief financial officer.
* Vince Witherup, Conair vice president of international sales, assumes that title at IPEG.
* Effective March 18, Christopher Keller joins IPEG as vice president of strategic planning and business development. He will research growth opportunities and conduct economic, market and industry research.
The two executives of Rapid Granulator remain the same - Staffan Bern, managing director of Rapid Granulator AB in Bredaryd, Sweden, and Carl Caldeira, president of Rapid Granulator Inc. in Rockford, Ill.
Sewickley Capital and injection molder Nypro Inc. each own half of Automated Assemblies. Nypro and Automated Assemblies are based in Clinton, Mass.