Real Performance Machinery Announces 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
U.S. Timberland Prices Gain Despite Lumber Slowdown
U.S. timberland accelerated its price growth, despite some lumber market concerns centered on China and the domestic market, which prompted one of the top forestry groups to warn on profits. U.S. timberland prices were 7.2%…
WorkSafeBC Fines Lakeland Mills $724,000 For 2012 Sawmill Explosion
WorkSafeBC has imposed fines totaling $724,163.28 on Lakeland Mills Ltd., owners of the Prince George sawmill that exploded in 2012 killing two workers and injuring many more. In a news release Tuesday, WorkSafeBC said Lakeland…
U.S. Hardwood Lumber Demand Indicator Rises For August
The Weekly Hardwood Review Leading Hardwood Demand Indicator (LHDI)—a forecast of future demand for U.S. hardwood lumber based on residential and commercial construction, import/export trends, inflation levels, and job markets—rises from a reading of 128.4…
Weyerhaeuser Announces Philadelphia Lumber Mill Expansion
Weyerhaeuser Co. is investing $57 million to modernize over the next three years at its softwood lumber mill in Philadelphia. Weyerhaeuser said in Monday’s announcement the work will be done in phases. Plans are to…
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.