Mark Steele

Greater St. Louis Contact Info
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I am the CEO and majority Owner of Craftsmen Industries, a leading provider of innovative…

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Experience & Education

  • Boomerang Tube, LLC - Owned by Black Diamond Capital Management, LLC

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Publications

  • How Global Labor Parity Is Driving Higher Competitiveness for U.S. Workers

    AME Association for Manufacturing Excellence

    Rising waging in developing countries and stagnating wages in developed countries along with mobility and transportation create wage parity around the globe over time. This in turn helps fuel foreign direct investment in the largest markets, near shoring and re-shoring around the global. This subsequently creates demand for in-market manufacturing talent.

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  • Made in The Americas (sm): Gloucester Engineering

    Blue Heron Journal

    Discussion about the Gloucester Engineering turnaround founded in collaboration between private equity and the IAM union who demonstrated leadership focused on competitiveness.

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  • Gloucester rebuilds sales, reputation

    Plastics News - By: Bill Bregar Senior Staff Reporter

    GLOUCESTER, MASS. — Gloucester Engineering Co. is beefing up its product development and hiring salespeople and engineers, as management works to restore the machinery manufacturer's luster under its third year of ownership by Blue Wolf Capital Partners LLC.

    "It's a reputational rebuild around the core of blown film and cast film," CEO Mark Steele said. "But we also have a strong history around foam and sheet. So the focus has been on rebuilding that core, restoring customer…

    GLOUCESTER, MASS. — Gloucester Engineering Co. is beefing up its product development and hiring salespeople and engineers, as management works to restore the machinery manufacturer's luster under its third year of ownership by Blue Wolf Capital Partners LLC.

    "It's a reputational rebuild around the core of blown film and cast film," CEO Mark Steele said. "But we also have a strong history around foam and sheet. So the focus has been on rebuilding that core, restoring customer confidence."

    The New York private equity firm took ownership of Gloucester Engineering as the company emerged from Chapter 11 bankruptcy Jan. 3, 2011. Blue Wolf had provided debtor-in-possession financing during the case, to ensure Gloucester Engineering's continuing operation. Blue Wolf converted its secured debt to equity ownership.

    But that's old news now, as Blue Wolf hired Steele for the CEO spot in early 2011. Steele is experienced both in leading manufacturing companies and working with private equity owners.

    See article at: http://www.plasticsnews.com/article/20130613/NEWS/130619951/gloucester-rebuilds-sales-reputation

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  • WSJ Article Referencing Gloucester Engineering - Appetite for (Creative?) Destruction - By GREGORY ZUCKERMAN And RYAN DEZEMBER Janurary 13, 2012

    Wall Street Journal - WSJ Online

    GREGORY ZUCKERMAN And RYAN DEZEMBER state that "A few recent deals show how leveraged-buyout barons can fund innovation and growth, create jobs and sometimes rebuild companies in challenging industries."

    Gloucester Engineering and its union leaders comment on the good that can be achieved.

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    • GREGORY ZUCKERMAN
    • RYAN DEZEMBER
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  • “Earning the Right to Lead as a Supply Chain Executive: The Strategic Imperative” 2003 Supply Chain World North America, Improving Supply Chain Performance in Today’s Environment, Leveraging Your Assets for Competitive Advantage, Strategic Sourcing Track

    2003 Supply Chain World North America

    2003 Supply Chain World North America, Improving Supply Chain Performance in Today’s Environment, Leveraging Your Assets for Competitive Advantage, Strategic Sourcing Track, “Earning the Right to Lead as a Supply Chain Executive: The Strategic Imperative”, SCOR (Supply Chain Operations Reference) Model, Supply Chain Council 2003, April 7-9, 2003 Atlanta, GA www.supplychainworld.org

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  • Kennametal spends 10% less for high-speed tool steels: buying team overcomes criticism from corporate sales colleagues to save $2 million.

    Purchasing Magazine

    Tom Stundza opens article with " Home » Publications » Business magazines » Marketing magazines » Purchasing » July 2002 »
    Kennametal spends 10% less for high-speed tool steels: buying team overcomes criticism from corporate sales colleagues to save $2 million. (Specialty Steel).(Brief Article)
    Purchasing July 18, 2002 | Stundza, Tom | Copyright

    Permalink

    It's not always easy implementing new strategic sourcing programs, even when you have the support of top management,"…

    Tom Stundza opens article with " Home » Publications » Business magazines » Marketing magazines » Purchasing » July 2002 »
    Kennametal spends 10% less for high-speed tool steels: buying team overcomes criticism from corporate sales colleagues to save $2 million. (Specialty Steel).(Brief Article)
    Purchasing July 18, 2002 | Stundza, Tom | Copyright

    Permalink

    It's not always easy implementing new strategic sourcing programs, even when you have the support of top management," says Mark D. Steele, vice president and director of purchasing and supply management (PSM) at metalcutting tool producer Kennametal Inc. That's especially true when a buying team is implementing a reverse auction on a complicated high-speed tool steel buy for seven plants in the U.S., the U.K and Israel that could eliminate the current lead supplier--who also happens to be a big corporate customer."

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  • Start-Up of First Domestic Light Gauge Galvanizing Line - Project Management

    Galvanizer Association Proceedings 1992

    Presentation to industry association where we detailed the successful mini-mill start-up of the first continuous galvanizing line in United States that was dedicated to the production of light gauge galvanized steel. This line produced over 100,000 tons of 0.021" to 0.007" at high speeds, high yield and high productivity to be one of the most competitive mills in the world.

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Patents

  • Annular die spiral groove configuration

    Issued US US 8,939,751 B2

    An annular die has a mandrel having a spiral groove formed in a surface of the mandrel that distributes a flow of liquid across the mandrel surface and directs the flow of liquid in a flow direction across the spiral groove and across the mandrel surface. At least a portion of the spiral groove has a cross-section configuration where an interior surface of the spiral groove portion is oriented toward the flow direction as the interior surface extends to and intersects with the mandrel surface…

    An annular die has a mandrel having a spiral groove formed in a surface of the mandrel that distributes a flow of liquid across the mandrel surface and directs the flow of liquid in a flow direction across the spiral groove and across the mandrel surface. At least a portion of the spiral groove has a cross-section configuration where an interior surface of the spiral groove portion is oriented toward the flow direction as the interior surface extends to and intersects with the mandrel surface. The annular die has particular, but not limited, application as a blown film die.

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  • Turbine Wheel

    Issued US USD712434 S1 / US 29/445,658

    Publication date Sep 2, 2014 Filing date Feb 14, 2013 Priority date Feb 14, 2013
    Also published as CA151954S
    Inventors Michal Hastings, Mark D. Steele, Nicholas C. D'Orsi, Brian Regnier
    Original Assignee Turbonetics, Inc.

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  • Compressor Wheel (co-Author)

    Issued US US D659,719 S

    The ornamental design for a compressor wheel. This compressor wheel design allowed for superior pressure ratios in excess of 5:1 and is used in specialty applications.

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