Lakeside to Start up New End Finishing Processes; Announces Management Changes
08/13/2009 - Lakeside Steel is nearing startup of new end finishing capabilities including upsetting and threading at its Welland facility. The company also announced the appointment of Ron Bedard as Lakeside’s new President and CEO, replacing Tim Clutterbuck.
Lakeside Steel Inc. announced that its wholly owned Lakeside Steel Corp. subsidiary is nearing completion on the installation of end finishing capability at its Welland facility.
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Lakeside also announced that Ron Bedard, who was recently appointed President and Chief Operating Officer of Lakeside Steel, has been appointed President and CEO of Lakeside. He replaces Tim Clutterbuck who resigned after having served in that capacity for 22 months.
"We are grateful for Tim's role in guiding Lakeside to a profitable year ended March 31, 2009, and we wish him all the best in his future endeavors," stated Vic Alboini, Lakeside Steel’s Chairman and CEO.
Lakeside additionally announced that Gregg Cousins will no longer commence employment with the company on August 17th as previously announced, but instead will pursue other interests. Cousins was to have served as Vice President Commercial.
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“I am very excited about Lakeside moving up the value chain by being able to finish our own material on site,” commented Lakeside Steel President and CEO, Ron Bedard. “This represents a win on many levels by reducing Lakeside's costs and customer wait times for completed orders and creating up to forty additional jobs in Welland during a period of unprecedented unemployment in this region.”
Lakeside will officially open its new finishing line on September 16, 2009, in a ceremony celebrating 100 years of continuous manufacturing in Lakeside's business in Welland.
Lakeside Steel Inc. is the parent company of Lakeside. Located in Welland, Ont., Lakeside is a diversified steel pipe and tubing manufacturer supplying customers including large oil and gas, mining, automotive and commercial and industrial supply companies. Lakeside also manufactures pipe and mechanical tubing for the resale market, which is sold to distributors in Eastern Canada and the Northeastern United States. Lakeside manufactures a variety of products for these industries including oil well tubing and casing, mechanical tubing, pressure tubing, automotive tubing, hollows for redraw, line pipe, heating and plumbing pipe, drill rod and specialty tubing. Lakeside serves customers worldwide, either directly or indirectly, in Canada, Australia and the United States.
