Bourn & Koch, Inc. announces that Terry V. Derrico has been named President of the company effective October 21st, 2015. Also joining senior management are Kerry Koch (CFO), Greg Champion (Vice President of Sales & Marketing) and Peter Mischler (Engineering Manager).
Mr. Derrico, who was most recently President & CEO of United Grinding North America, brings over 30 years of relevant industry and leadership experience to Bourn & Koch. He has a track record of growing profitable businesses by addressing customer needs and managing complex manufacturing operations. Prior to joining Bourn & Koch, Mr. Derrico was a Group President within the Industrial Group at The Marmon Group LLC, a division of Berkshire-Hathaway, Inc., and President and CEO of SIG-Pack Inc. He also spent ten years at GE Fanuc as National Sales Manager, where he built significant growth and developed key markets in North America.
Kerry M. Koch has been appointed Chief Financial Officer. Mr. Koch brings more than 30 years of finance experience.His background includes a heavy concentration in highly-engineered equipment and significant experience in mergers and acquisitions. He was most recently the Chief Financial Officer of Elgin Equipment Group, LLC and previously the interim Chief Financial Officer/Corporate Controller of Paladin Brands.
Greg Champion has been appointed as the new Vice President of Sales & Marketing at Bourn & Koch. Greg brings a wealth of sales & marketing experience with him from his tenure with Rockford-based Hennig, Inc., a leader in machine tool protection products. Greg is also the former VP of Sales for Mattison Technologies Co. Bourn & Koch, Inc. is the OEM for Mattison and continues to produce Mattison machine tool products, replacement parts, machine rebuild and repair services. His knowledge of the machine tool industry will be invaluable as Bourn & Koch grows.
Peter Mischler joins Bourn & Koch as the new Engineering Manager. Mr. Mischler was previously the Development Engineering Manager at Fives-Cincinnati and also worked for Ingersoll Machine Tool. Peter’s engineering backgroundand drive to innovate allows Bourn & Koch to continue their tradition of producing enhanced machine tool designs and products within the metal-working industry. Peter holds 8 U.S. patents created for machine tool applications.
Mr. Derrico is excited to work with this talented and experienced management team that has set the objectives to grow the company’s key products and segments while expanding Bourn & Koch core competence to the global manufacturing market.
Bourn & Koch, Inc. is located in Rockford, Illinois. The company celebrated their 40th year in business in 2015. Bourn & Koch, Inc. is known best as an American manufacturer of precision machine tools under the Bourn & Koch, Fellows, Blanchard, DeVlieg, Motch & Springfield brands. They are also the OEM for a long list of well-known American made machine tools such as Acme, American Tool Works, Barber-Colman, Brown & Sharpe, Bullard, Conomatic, DeVlieg, Jones & Lamson, King, Mattison, Rockford Machine Tool, Springfield, and White Sundstrand. They provide quality OEM parts, field service, rebuild and retrofit services for these machines.