Taylor Devices, Inc. Elects Fritz E. Armenat to Corporate Board of Directors and to Serve on Audit Committee, Nominating Committee and Compensation Committee
May 03, 2018 at 04:58 pm EDT
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Taylor Devices, Inc. has elected Fritz E. Armenat, 59, to its corporate Board of Directors. Mr. Armenat is currently the President and CEO of Multisorb Technologies, Inc. He previously served as President and CEO for three companies within the Summer Street Capital portfolio from 2009 through 2012 until his present position. The election of Mr. Armenat fills the vacancy that was created when director Reginald B. Newman II passed away on April 7, 2018. The Board plans to appoint Mr. Armenat to serve on the company's Audit Committee, Nominating Committee and Compensation Committee.
Taylor Devices, Inc. is engaged in the design, development, manufacture and marketing of shock absorption, rate control, and energy storage devices for use in various types of machinery, equipment, and structures. In addition to manufacturing and selling existing product lines, the Company develops new and advanced technology products. The Company manufactures and sells a group of similar products that have different applications for customers. These similar products are included in one of eight categories, namely, Seismic Dampers, Fluidicshoks, Crane and Industrial Buffers, Self-Adjusting Shock Absorbers, Liquid Die Springs, Vibration Dampers, Machined Springs, and Custom Actuators. Custom derivations of all these products are designed and manufactured for various aerospace and defense applications. Seismic Dampers are designed to mitigate the effects of earthquakes on structures. Fluidicshoks are small, compact shock absorbers with up to 19,200 inch-pound capacities.
Taylor Devices, Inc. Elects Fritz E. Armenat to Corporate Board of Directors and to Serve on Audit Committee, Nominating Committee and Compensation Committee
TAYLOR DEVICES, INC. 