Job Title: President – Triem Industries & Stillwater Fasteners
Location: Terryville, Connecticut (On-site)
About Triem Industries & Stillwater Fasteners
Founded in 1996 and 1948 respectively, Triem Industries & Stillwater Fasteners are manufacturers and distributors of custom metal fasteners selling into a wide range of end markets (electrical, aerospace, U.S. Mility, and industrial / consumer applications). The Company employees ~65 employees across ~150,000 sq ft of manufacturing / warehouse space in Terryville, Connecticut and East Freetown, Massachusetts. Triem Industries is ISO 9001:2015 certified.
Triem Industries & Stillwater Fasteners have aggressive growth plans (both organic and via M&A) and therefore the Company is seeking a dynamic and ambitious President to lead our organization into its next phase of growth.
The President will have full P&L responsibility, manage KPIs, and generally drive Company growth initiatives and overall profitability. The President will report directly to the owner on weekly update calls.
The Company values ambition and drive for excellence over 'years of experience' thus we encourage candidates some may consider 'too junior' to apply to the role.
Key Company Initiatives
- Build out sales team. Despite no current outbound sales activity, the Company generates in excess of $1 million in sales per month. The President will be tasked with building out an internal and external sales function.
- Sell down excess inventory. The Company has a large stock of excess inventory of fasteners. The President will be tasked with guiding the Company in selling down this excess inventory.
- Replacing aging labor force. A significant portion of the workforce will be entering retirement in the next 5 years. The President will be tasked with leading the recruitment and retainment of replacement labor.
- Growth via M&A. The Company is currently evaluating a handful of acquisition targets. The President will work closely with the Owner in acquiring and integrating these acquisition targets.
Qualifications
- Ambition and drive for excellence.
- Proven track record in a senior leadership role within manufacturing.
- Strong understanding of financial management and P&L responsibility.
- Exceptional problem-solving and decision-making skills.
- Excellent communication and interpersonal skills.
- Ability to lead and inspire a diverse team.
- Proficiency in tracking and analyzing KPIs to inform decision-making.
How to Apply
Email your resume to Carlo Santelli at carlo@triemindustries.com