Last updateMon, 10 Aug 2020 6pm

Curtiss-Wright CFO Tynan Retires, Replaced by Farkas

Curtiss-Wright Corporation vice president and CFO Glenn E. Tynan plans to retire after 20 years with the company, the past 18 as CFO. Tynan will continue to serve as a vice president to assist the executive team with the transition until his retirement this fall.

Effective immediately, K. Christopher Farkas has been promoted to vice president and CFO. Farkas has served as vice president of finance and corporate controller since 2017. Prior to joining Curtiss-Wright, Farkas spent more than 17 years in financial, technical and operational roles of increasing responsibility within Fortune 50/250 industrial companies including United Technologies Corporation and Parker Hannifin.

Groth Corporation Joins VMA

This week the Valve Manufacturers Association of America (VMA) welcomed Groth Corporation as its newest full member. This is the fourth new member to join the association so far this year.

Established in 1960, Groth Corporation manufactures pressure/vacuum relief valves, deflagration and detonation flame arresters, blanket gas regulators, and other low-pressure relief products. Groth pressure relief products are used in refineries, chemical processing plants, and facilities with atmospheric storage tanks.

Emerson Communicating with White House Over COVID-19 Response

Emerson is providing valves to Ford and GE "for the 50,000 respirators they plan to make at a Michigan auto plant. Emerson’s Aiken, South Carolina, factory shifted resources from other products to make more respirator valves."

Emerson CEO David Farr tells The St. Louis Post-Dispatch that "he’s been in daily contact with the White House’s coronavirus task force and with leading medical equipment manufacturers. He has even offered to let the government take over some Emerson facilities if necessary." 

Richards Industrials Providing Valves for Ventilator Testing Machines

Recently a major car company in Michigan, which has begun making ventilators, contacted Richards Industrials about providing valves for their testing machines.

“Since creating the ventilator testing valves, Richards Industrials has expanded its offerings for urgent COVID-19 related needs, especially its pharmaceutical-grade products that can be used for vaccine testing and creation,” WVXU reports.

"We've already had two major pharma companies - I'm hesitant to use their names because I don't have clearance from them to use their names but you'd know them if I said them - that have already come to us to say 'I need three of this and two of that. Can you do it fast?' I think that will continue for the medium term," said Charles Page, North American sales manager and business development manager for Richards Industrials.

Victaulic Names Rick Bucher President

Victaulic has appointed Rick Bucher to the position of president and COO, effective immediately. Bucher will continue reporting to John F. Malloy who has served as chairman, president & CEO for the past 16 years. Malloy will remain chairman and CEO.

Bucher began his career with Victaulic in 2009 as vice president, product development, and rose to the position of executive vice president, technology & product development. In June 2019, he was named COO. Bucher joined Victaulic after spending 14 years at W.L. Gore, where he worked in industrial and medical sectors.

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