Plastics Capital, the niche industrial plastic product manufacturer, announced the appointment of a new divisional CEO for BNL, its plastic bearings subsidiary. Derek Mansfield will succeed Dr. Neil Partlett, who came with the business when it was acquired in 2005.
Mansfield has 10 years of general management experience within TT electronics PLC, which had sales of £571 million in 2010. He has also been MD of three different technically advanced manufacturing subsidiaries, the most recent of which was based in Malaysia.
The PLA share price has decreased by 15% over the last year.
Plastics Capital Plc is graded b by LCF Research. To learn more, follow the link.
