Milacron Inc. has promoted Harold Faig from vice president of the Plastics Technologies Group to president and chief operating officer of the entire Cincinnati-based company.
Faig, 54, joined Milacron in 1967 at age 19. He assembled metal-cutting machines by day and went to college at night. He steadily moved up, taking positions in technical sales, product management and engineering. He was elected a vice president of the company in 1990.
Now Faig is Milacron's second-highest executive, behind Ronald Brown, chairman and chief executive officer. Brown had held the positions of chairman, president and CEO.
In recent years, Milacron has not filled a COO position, but a Milacron spokesman said the company has had a COO at some periods in the past.
Faig is a member of the Society of Plastics Engineers. He serves on the board of directors of the Society of the Plastics Industry Inc. in Washington. He has undergraduate degrees in electrical engineering and business administration from the University of Cincinnati and the College of Mount St. Joseph, and a master's degree in business administration from Xavier University.
In other personnel news, Milacron also named Ross Anderson, 45, controller for the company. Like Faig, Anderson also comes from the plastics side, since he was controller for the Plastics Technologies Group.
The promotions come as Milacron has evolved into a company almost entirely focused on plastics machinery and related components, including injection presses, extrusion equipment, blow molding machines, mold parts and screws. In 1998, Milacron sold its original machine tool business. Earlier this year, in two separate deals, the company sold off most of its consumable metalworking products businesses, such as carbide inserts, tool-steel holders and carbide wear parts.
Before the divestitures this year the two divisions, the Plastics Technologies Group and the Metalworking Technologies Group, were about equal in size. Now only about 20 percent of companywide sales come from a small number of metalworking products, such as industrial fluids and grinding wheels.
Milacron also named Barbara Glenn Kasting vice president for total quality leadership. Kasting, 49, is responsible for the company's lean manufacturing and Six Sigma efforts, as well as leadership development. She most recently served as vice president for human resources.