Part of a second generation of leadership at Erie, Pa.-based injection molder Plastikos Inc. (http://www.plastikoserie.com/), Philip Katen last November added the president's title to his existing duties as general manager. The firm, which generated $15.8 million in fiscal 2009 sales, specializes in molding electrical connectors from very high-end liquid-crystal polymers. As a result, Plastikos runs small presses — 27 machines topping out at just 130 tons of clamping force.
Plastikos was born out of the tooling business. Its sister company, Micro Mold Co. Inc., began building molds in 1978, and developed strong working relationships with key customers in medical, electronics, defense and aerospace.
Katen became GM in 2007 and oversees all aspects of Plastikos' injection molding business. He has led initiatives to boost the company's efforts in, among others, financial reporting and analysis, marketing, process quality and continuous improvement.
Before joining the family business, he worked from 1999-2007 at Deloitte Consulting in Pittsburgh and Philadelphia, first as a systems analyst, then as a consultant and from 2005-07 as a senior consultant.
In January 2010 Katen assumed the position of vice chair of northwestern Pennsylvania's Advanced Diversified Manufacturing Partnership, which combines the group's metals, plastics, electronics, and food industry partnerships. He's been active in the plastics arm of the partnership since 2007. He also is involved in several other regional community groups, such as Junior Achievement and Young Erie Professionals.
A 1999 graduate, cum laude, of NorthwesternUniversity's McCormick School of Engineering, with a double major in industrial engineering and economics, Katen earned his MBA in May 2005 from DukeUniversity's Fuqua School of Business.