SMC Corporation Appoints New Chief Financial Officer
1 December 1998
SMC Corporation Appoints New Chief Financial OfficerHARRISBURG, Ore., Dec. 1 -- SMC Corporation today announced the appointment of William L. Rich to the position of Chief Financial Officer (CFO). Most recently Mr. Rich served as Vice President of Finance and Administration to Marus Dental International, a subsidiary of Henry Schein, Inc. the world's largest direct marketer of healthcare supplies to office-based practitioners with 1997 sales of $1.5 billion. Prior to that Mr. Rich held the position of Controller at Meridian Medical Technologies and earlier, Corporate Controller at CPC-Rexcel, Inc. Mr. Rich, a CPA and CMA, graduated from Miami University (Ohio) and earned his MBA from the University of North Texas. "Bill brings to SMC over 22 years of high-volume manufacturing and proven cost control experience. His unique skills and disciplines will greatly enhance SMC's financial strength and long term viability for future corporate growth," commented Jay L. Howard, SMC's President & COO. SMC Corporation is one of the largest high line motor coach manufacturers in the United States. Headquartered in Harrisburg, Oregon, the Company has six locations in Oregon. Information about SMC Corporation and its products can be found on the World Wide Web at http://www.smccorporation.com. Forward Looking Statements: The statements in this report contain forward-looking statements. A number of factors could cause actual results to differ materially from these statements, including delays in full operation of the production facility, a general slowdown in the economy or the RV market specifically, or new products from competitors. Please also refer to the Company's SEC reports, including, but not limited to its Form 10Q Quarterly Report for the quarter ended September 30, 1998 and its Form 10K Annual Report for the year ended December 31, 1997.