JUNE 2006
APPLIED EXTRUSION TECHNOLOGIES, INC. APPOINTS THOMAS M. MOHR AS PRESIDENT & CEO
NEW CASTLE, DE, June 1, 2006 – Applied Extrusion Technologies, Inc. announced today the appointment of Thomas M. Mohr as President & CEO.
Thomas M. Mohr, 54 years old, served previously as President & CEO of Grupo Celanese, Mexico, President & CEO of Trespaphan, and President & CEO of the Vibac Group North America. “ I have known and respected AET Films for many years as a strong, technically sophisticated competitor in BOPP films, and I am excited to lead the Company through necessary change and restructuring, followed by attractive growth opportunities in the rapidly changing BOPP film market.”
Jackson Craig, Chairman of AET Films, said, “ Thomas Mohr has successful turnaround expertise in a variety of companies, and over ten years experience in the packaging industry in North America and on a global scale. He is a passionate and hands-on leader with an excellent reputation in the BOPP film industry, and will guide AET Films through a necessary restructuring and growth process. The demand for OPP films is sound, and the highly fragmented industry offers attractive growth opportunities.”
Applied Extrusion Technologies, Inc. is a leading North American developer and manufacturer of specialized oriented polypropylene (OPP) films used primarily in consumer products labeling and flexible packaging applications.
###
To learn more, visit the company's website www.aetfilms.com or contact: AET Films,
Brian Crescenzo, Vice President, Secretary, and Chief Financial Officer, bcrescenzo@aetinc.com, 15 Read's Way, New Castle, DE 19720,
tel: 302.326.5648, fax: 302.326.5505.
|
