NAGASA welcomes your news and special announcements
for the Industry News section of our web site. Please add NAGASA to your
press release mailing list or drop us a fax or email. We'll immediately
get them posted.
Send to: Email: information@nagasa.org
- Fax: 202-328-8513
Mail: NAGASA, 1604 New Hampshire Avenue NW, Washington DC 20009
August 23, 1999
Spectratech International, Inc. announces Bopard Restructuring to Prepare for Future Initiatives
Wake Forest, NC: Spectratech International’s parent company, Southern
Lithoplate, Inc.® CEO and Chairman, Edward A. Casson, Jr., announced
a major restructuring. Casson stated, "After 65 years of being a
family business, the worldwide success of Southern Lithoplate, Inc. news
plate products, and the recent purchase or IMATION’s® West Virginia
plate manufacturing facility by our subsidiary Spectratech International,
we have chosen to expand the breadth and depth of our Board of Directors
to include two outside professional non-family members."
The additional board members are:
Thomas J. Eilers, CPA, CMA, CVA, the founder and Senior Partner of the
southeast regional accounting firm of Eilers, Jones, and McLeod. Mr. Eilers
currently pursues his financial consulting interests after having retired
from the practice in early 1999. Eilers oversaw Southern/Spectratech’s
auditing practices for over 10 years.
Gary L. Downing, Managing Director for Raymond James, St. Petersburg,
FL, joins the board and brings expertise to the company as it pursues
long-range growth initiatives. Prior to joining Raymond James Capital
in 1997, Mr. Downing spent 13 years in the Investment Banking Department
of Raymond James & Associates, where he served in functions that included
Managing Director and Head of the Consumer Group within the Raymond James’
Investment Banking Department.
Contact: Steve Mattingly, VP. Spectratech International. Phone: 800-562-0317
