Wismarq Industries, LLC Reports on Successes in 2014, Expansion in 2015; Welcomes Andrew Paskin as CEO

OCONOMOWOC, Wis.--()--Wismarq Industries, LLC (“Wismarq” or the “Company”), a leading provider of coil coating services for metal products, is pleased to report continued enhancements to product offerings that advance its technical capabilities to support the Company’s growth-oriented partnership with its customers. Programs launched in 2014 and early 2015 have resulted in the further development of value-added coating applications for both aluminum and steel substrates. These programs, coupled together with Wismarq’s relentless focus on customer service, have continued to position Wismarq as a partner of choice for the metal coating industry.

In the fourth quarter of 2014, Wismarq appointed Andrew Paskin as Chief Executive Officer. Mr. Paskin brings a 30-year career in the metals industry, including senior leadership positions in strategic business units within Noranda Aluminum Holding Corporation and Rio Tinto Alcan, Inc.

“I am extremely pleased to join Wismarq, a recognized leader in the North American coil coating industry,” Mr. Paskin stated. “Our many loyal employees look forward to building on the Company’s past successes and further enhancing our reputation for industry-leading quality and customer service. We deeply value the trust that our customers place in Wismarq and look forward to further investing in our capabilities to ensure Wismarq consistently delivers outstanding services to its discerning customers.”

Under Mr. Paskin’s leadership, the Wismarq team will continue to support its core business in coil coating services while it further expands customer service capabilities to create a seamless ease of shopping experience. During 2015, Wismarq intends to make additional investments in its leading technological capabilities across multiple areas, including high gloss finish applications at its Jackson, Tennessee facility and bi-directional printing processes at its Valencia, Pennsylvania facility. In addition, Wismarq will implement lean manufacturing practices to expand production capacities across its four manufacturing locations and continue to enhance its leadership team. All of these developments will result in even higher equality and service levels for the benefit of Wismarq customers.

Joshua Phillips, Managing Partner of Wismarq’s majority shareholder Peninsula Pacific Strategic Partners LLC, added, “The Board of Directors is extremely excited about the Company’s continued growth and the addition of Andrew Paskin to the outstanding team at Wismarq. We have been impressed with Andrew’s vision for the Company, as well as his early successes as its Chief Executive Officer in partnership with the Company’s highly dedicated and talented employees. We believe Andrew will be an outstanding leader for Wismarq in the years to come as the Company demonstrates significant growth and builds upon its reputation for industry leading quality and customer service.”

About Wismarq Industries, LLC:

Wismarq is a leading provider of coil coating services for steel and aluminum products across the Midwestern United States. The Company serves a diverse set of customers through its manufacturing facilities in Wisconsin, Illinois, Pennsylvania and Tennessee. Founded in 1982, Wismarq has developed a reputation for outstanding product quality and superior customer service over more than 30 years of operations. For more information about Wismarq, please visit the Company’s website at http://www.wismarq.com.

Contacts

The Abernathy MacGregor Group
Rivian Bell, 213.630.6550
rlb@abmac.com

Release Summary

Wismarq reports continued enhancements to product offerings and in the 4th quarter of 2014 appointed Andrew Paskin as Chief Executive Officer. Paskin brings over 30 years of industry experience.

Contacts

The Abernathy MacGregor Group
Rivian Bell, 213.630.6550
rlb@abmac.com