Glebar Company, Inc., Manufacturer of Precision Grinding Machines, Announces New Executive Management Team & Revamped Website

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Glebar Company, Inc., “Glebar” or the “Company”, a manufacturer of highly automated precision grinding machines for use across a breadth of industries and end-use applications, has announced the appointment of its new Executive Management Team and the launch of its revamped website, http://www.glebar.com.

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Our new tag line, ‘Innovation Manufactured’ sums up nicely what Glebar and its people deliver to its customer base day after day.

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Glebar Company, Inc., “Glebar” or the “Company”, a manufacturer of highly automated precision grinding machines for use across a breadth of industries and end-use applications, has announced the appointment of its new Executive Management Team and the launch of its revamped website, http://www.glebar.com.

John Bannayan and Robert Gleason, both with the Company for over 20 years, will remain as Executive Vice President & General Manager and Vice President & Head of Engineering, respectively. Adam S. Cook has succeeded Frederick Schumacher as President. Mr. Schumacher will sit on the Company’s Board of Directors.

“We are very excited to have Adam join the Glebar team. With the appointment of the new Executive Management Team, we expect Glebar to achieve significant growth over the years to come, while maintaining our commitment to quality and superior innovation,” said Frederick Schumacher. “Given John’s and Robert’s commitment to excellence and history with Glebar, and Adam’s extensive knowledge of the capital markets and his deep relationships both domestically and abroad, this team was a clear choice to lead and manage the continued growth of Glebar.” Schumacher concluded, “The appointment of this team ensures the stability of Glebar moving forward.”

Adam holds a BS degree in Business Administration from the University of Rhode Island. Before joining Glebar in April of 2013, he advised companies, including industrial and manufacturing businesses, on many fronts. Most recently, he was the Head of Investment Banking for Phoenix Capital Resources, a national boutique focused on middle market mergers and acquisitions and private placement transactions. Adam is also recognized in the investment banking arena as a valuation and capital markets expert, has been published on many occasions and has spoken at conferences and seminars on many occassions. He is an active member of the Association of Corporate Growth, and in 2012 was awarded the distinguished 40 Under 40 Award by the M&A Advisor.

John holds a BS degree in Electrical Engineering from Columbia University and a BA in Computer Science from Pacific Lutheran University. John is instrumental in driving Glebars product development efforts. He has earned several patents over the years relating to automation and machine control. With over 25 years with the company, he was integral in reconfiguring the company’s internal business processes early on and has held several management positions ranging from planning, financial controls, operations and has been GM since 2001.

Robert holds a BS degree in Industrial Technology from Ohio University, and has been with Glebar for over 30 years. He was an integral part of acquiring and implementing the first CNC machine in the machine shop and also pushed to get Engineering off the drawing board and onto CAD in the early 1980’s. Robert holds several patents related to innovations in medical material handling and grinding.

“I’m humbled to be part of such an innovative and amazing business,” Adam said. “Fred, John and Robert have done a great job of building Glebar and I look forward to working with them and all of the Glebar employees to continue to serve the needs of our customers, while also expanding our product and service offerings to both existing and new customers, with the same integrity that the Company has maintained since its founding in 1952.”

Cook added, “Our new website really shows what Glebar is all about, a team-oriented, solution-driven approach to our customers’ needs which combines small company innovation and attention with world class technology. Our new tag line, ‘Innovation Manufactured’ sums up nicely what Glebar and its people deliver to its customer base day after day.”

“I think the new website highlights the many solutions Glebar has to offer its customer base in many industries. Our team is excited to tackle the challenges beyond the markets we currently serve, bringing with it the creative culture that has produced so many solutions for our customers.”

“I am excited about this chapter in our history,” concluded John Bannayan.

About Glebar
Glebar is a world-class engineering, design and manufacturing company, producing precision grinding machines for a variety of end markets and applications. Since opening in 1952, Glebar has been making machines that make things. All of Glebar’s machines are made in the USA, from medical guidewires to drum sticks; you can go into virtually any home in the United States and find something made on a Glebar machine. Visit http://www.glebar.com to learn more.

Contacts:
Glebar Company, Inc.
Jean Gatti
201-337-1500

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Jean Gatti
Glebar
201-337-1500
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