TMS International Corp. Promotes Hank Wilson To Senior Vice President; Names Francisco Chavez GM Of Outsource Purchasing And Sales In Latin America
PITTSBURGH, Feb. 16, 2012 /PRNewswire/ -- TMS International Corp.(NYSE: TMS), the parent company of Tube City IMS Corporation, a leading provider of outsourced industrial services to steel mills globally, today announced it has promoted Hank Wilson to Senior Vice President of North American Trading and Business Development for its Raw Material and Optimization Group.
The company also announced the appointment of Francisco Chavez as General Manager of Outsource Purchasing and Sales in Central and Latin America for its Raw Material and Optimization Group.
Mr. Wilson will assume the position of lead trader of raw materials for North American steel mills and foundries and will be responsible for expanding the company's already extensive trading business throughout this region. Prior to joining the company in 1998, he worked at Steiner-Liff Industries in Birmingham, AL as President of its Shredders Inc., division.Mr. Wilson, who most recently held the title of Vice President, has nearly 30 years of experience in the scrap, iron and steel industry. He earned his bachelor's degree from Miami University in Oxford, Ohio. A native of Indianapolis, IN he works in the company's offices in Birmingham. Mr. Chavez will focus his efforts on trading and further expanding the growth of the company's presence in Central and Latin America. Prior to joining the Company, Mr. Chavez was a business partner at BVC Global Trading and Distribuciones BVC, a Mexican company founded to develop trading with imported construction products from China to Mexico, trading of steel products and retail home appliances. He has also worked at U.S. Steel International in Mexico and Hubbell Steel's international office in Monterrey, Mexico. A native of Monterrey, Mr. Chavez has a Bachelor's Degree in Systems and Industrial Engineering from Monterrey Technical Institute. He will report directly to Hideto Hata, Director of Outsource Purchasing and Sales for Central and South America. He will be based at the company's office in Monterrey. Commenting on the appointments, J. David Aronson, President and COO, Raw Material and Optimization Group, said, "Hank has been with the company for more than 14 years and is highly qualified to assume this important role. His extensive experience and proven leadership skills make him a natural choice for this position as the company continues to expand. We look forward to Hank's continued contributions. "Francisco is a seasoned trading veteran with a wealth of knowledge in the steel industry He has more than 20 years of experience and brings high energy and creativity to the team. His appointment not only complements our mill services in Mexico, but is another diversification of our commodity menu, in this case third party prime and non-prime steel sales. We are delighted he has joined the company." About TMS International Corp. TMS International Corp., through its subsidiaries, including Tube City IMS Corporation, is the largest provider of outsourced industrial services to steel mills in North America as measured by revenue and has a substantial and growing international presence. The company provides mill services at 82 customer sites in 11 countries and operates 29 brokerage offices from which it buys and sells raw materials across five continents. Certain information in this news release contains forward-looking statements with respect to the company's financial condition, results of operations or business or its expectations or beliefs concerning future events. Such forward-looking statements include the discussions of the company's business strategies, estimates of future global steel production and other market metrics and the company's expectations concerning future operations, margins, profitability, liquidity and capital resources. Although the company believes that such forward-looking statements are reasonable, it cannot assure you that any forward-looking statements will prove to be correct. Such forward-looking statements involve risks, uncertainties, estimates and assumptions that may cause the company's actual results, performance or achievements to be materially different. Additional information relating to factors that may cause actual results to differ from the company's forward-looking statements can be found in the company's Registration Statement on Form S-1. The company undertakes no obligation to update or revise forward-looking statements after the day of the release as a result of new information, future events or developments except as required by law.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV