Real Performance Machinery Annoucnes Michael Sawer As Chairman & CEO
Real Performance Machinery, LLC (RPM), Independence, Va., which designs, engineers and manufactures sawmill machinery and technologies, announced that company co-founder Michael Sawer has returned as Chairman and CEO following the successful completion of a transaction that restored majority ownership and leadership control of the company.
After a successful startup and growth period, RPM had been purchased by Peak North America, but Peak NA experienced financial issues in the past year. Sawer was able to negotiate and reassume majority ownership and control of RPM.
“This company was built on innovation, hard work, and a commitment to our customers,” Sawer comments. “RPM has a talented team, a respected product line, and a strong foundation. My focus is ensuring that we honor our commitments, support our employees, and move the company forward with renewed purpose and accountability.”
According to Sawer, immediate priorities include:
—Maintaining uninterrupted operations and customer support
—Fulfilling existing contracts and project commitments
—Strengthening relationships with customers, vendors, and financial partners
—Supporting RPM employees and their families
—Improving financial discipline and operational accountability
—Positioning the company for sustainable long-term growth
The leadership team includes Sawer as chairman and CEO; Richard Vetter, chief technology officer; Carson Atkins, chief financial officer and corporate secretary; Jack Stephens, chief operations officer.
Latest News
Conservation Group Buys Maine Timberland Tract
The Conservation Fund has purchased 15,408 acres of Maine woodland from Chadbourne Tree Farms LLC in Oxford County. The primarily white pine tract was assembled by the…
Ashton Lewis Acquires W.T. Jones & Sons
Ashton Lewis Holding Co., an affiliate of major treater Great Southern Wood, has acquired the family-owned W.T. Jones & Sons, Inc. southern pine sawmill in Ruther Glen, Va., and is planning to invest $11 million in the facility…
Canfor’s Vida Group Buys Sweden Mills
Canfor Corp. executives announced in mid June that CanFor’s 70%-owned subsidiary, Vida Group, has entered into an agreement to purchase three sawmills located in Sweden from Bergs Timber for $43 million (Can.), plus working capital…
PotlatchDeltic Sells Minnesota Acreage
PotlatchDeltic Corp. officials recently announced an agreement to sell 72,000 acres in Minnesota to The Conservation Fund for approximately $48 million. The transaction is expected to close in the second half of 2020. Company officials noted the sale is part…
Find Us On Social
Newsletter
The monthly Timber Processing Industry Newsletter reaches over 4,000 mill owners and supervisors.
Subscribe/Renew
Timber Processing is delivered 10 times per year to subscribers who represent sawmill ownership, management and supervisory personnel and corporate executives. Subscriptions are FREE to qualified individuals.
Advertise
Complete the online form so we can direct you to the appropriate Sales Representative.