News | April 20, 2000

Thermo Black Clawson Announces Change in Management

Source: Kadant Black Clawson Inc.
Thermo Fibertek Inc. has named Max D. Caldwell as the new president and CEO of its Kadant Black Clawson Inc. subsidiary effective April 1, 2000. He replaces William J. Fondow, who is retiring after serving the company for the past 13 years.

Having spent his entire career in the pulp and paper industry, Fondow joined Black Clawson Company in 1987 as president when the company was privately held by Landegger Industries. Carl C. Landegger, then Chairman of the company, brought Fondow on board to lead what was then Black Clawson's Shartle Division. During his tenure, Fondow successfully managed the company through many business cycles in the paper industry and remained at the helm when Thermo Fibertek purchased the Shartle Division in May of 1997.

"My years at Black Clawson have been rewarding ones, " states Fondow. "As I prepare for my retirement, I am confident that Max Caldwell will continue Thermo Black Clawson's tradition of leadership in the supply of superior equipment and systems to the pulp and paper industry." Caldwell comes to Thermo Black Clawson from NAPCO in Terryville, CT, a Thermo Electron company where he has served as president and CEO since 1990. Before his assignment at NAPCO, Caldwell held various chief executive positions with other manufacturing firms. He comes to Thermo Black Clawson with a solid record of accomplishment and leadership in the business of advanced machine design and quality machinery manufacturing operations.

A graduate of the Naval Academy's engineering program and of University of California's Design and Controls Master's program, Caldwell brings a powerful mix of training and experience to his new position with Thermo Black Clawson.

Kadant Black Clawson Inc. is a complete fiber line process equipment supplier based in Middletown, Ohio, USA, and leads the industry in the design and manufacture of equipment used in paper recycling, chemical pulp and paper machine approach flow systems. The multi-national company is wholly owned by Thermo Fibertek Inc. (ASE:TFT), a public subsidiary of Thermo Electron Corporation (NYSE:TMO).