Prince Manufacturing Welcomes Lou Krause as the Chief Financial Officer

On behalf of Prince Manufacturing, we are very pleased to announce that Louis (Lou) Krause has joined the Company as the Chief Financial Officer reporting directly to Iram Chavez, President and CEO.

Lou has thirty years of experience in Finance primarily within manufacturing organizations of $100 million+ and managing the financial operations of each including domestic and globally.    His vast experience has exposed him to various industries including hydraulic accumulators, manufacturing software, brake components and rocket motors.   Throughout his years of experience, he has demonstrated exceptional visionary skills developing both strategic roadmaps and creating the tactical plans for growth and diversification and success driving productivity, operational efficiencies, growth and profit improvements within his teams and the businesses. Additionally, he has been key in supporting several start-up companies and managing capital budgets in excess of $50 million.   Lou continuously strives to develop and produce teams aimed for success, growth, and excellence

Lou has a BS in Business, an MBA in Finance and has completed the Executive Development Program from the Wharton School of Business at The University of Pennsylvania.

Lou is local to the Columbia, SC area where he lives with his wife and family.

Prince is a market-driven organization which means focusing on what our customer needs are and providing solutions with our current and future operational capabilities.   As we grow in the region(s) this drive for performance and involvement at all levels will be key in achieving customer satisfaction and operational excellence.   We need to assure we can fully leverage our skills and expertise by sharing best practices and utilization of our resources and capabilities at each site to the optimum potential.

Please join us in welcoming Lou to the Prince Team.  We ask everyone to continue your full support to ensure that our future with Prince continues to be successful.

 

Iram Chavez                                                                           AnneMarie Hannes

President & CEO                                                                    Vice President, Human Resources