FRANKLIN, Ind., Feb. 04, 2019 (GLOBE NEWSWIRE) — IBC Advanced Alloys Corp. (TSX-V: IB; OTCQB: IAALF) (“IBC” or the “Company”) a leading beryllium and copper advanced alloys company, announced today that it has named Ben Rampulla as President of the Company’s Engineered Materials division, which produces precision-cast beryllium-aluminum parts for defense and civilian applications around the world.
Mr. Rampulla, who previously served as Engineering Manager at IBC’s beryllium-aluminum casting facility in Wilmington, MA, is a 40-year veteran of the investment casting and high-performance alloy manufacturing industry. Prior to joining IBC, Mr. Rampulla was Director of Engineering at Nu-Cast, Inc., which produced investment castings of beryllium-aluminum and other alloys for aerospace and other industries. Previously, he worked for 29 years at Precision Castparts Corporation, including serving as Chief Engineer at that Company’s aerospace materials foundry, a $40 million-a-year revenue generating facility, and General Manager of Wyman-Gordon Titanium Casting Corp. Earlier in his career, he held positions at Ingersoll-Rand and Hitchiner Manufacturing.
“IBC is very pleased to name Ben Rampulla as President of our Engineered Materials division,” said Mark A. Smith, IBC Board Chair. “Ben brings decades of managerial and hands-on engineering experience in the aerospace and high-performance alloy manufacturing sectors. His passion and leadership will help drive IBC’s ongoing expansion of our precision-cast beryllium-aluminum business to new levels of performance, sales, and exemplary service to our customers.”
A Six Sigma Blackbelt and Kaizan trainer, Mr. Rampulla received his B.S. in Ceramic Engineering from Rutgers University, and is a graduate of the Whittemore School of Business’ Executive Development Program. He is the author of several peer-reviewed publications and previously served on the American Foundry Society’s Committee on Investment Casting and on the American Metals Society (AMS) Material Review Board.
On Behalf of the Board of Directors:
“Mark Smith”
Board Chair
Contacts:
Mark Smith, Board Chair
Jim Sims, Investor and Public Relations
IBC Advanced Alloys Corp.
+1 (303) 503-6203
Email: [email protected]
Website: www.ibcadvancedalloys.com
@IBCAdvanced $IB $IAALF #beryllium #aerospace #F-35
About IBC Advanced Alloys Corp.
IBC is a leading beryllium and copper advanced alloys company serving a variety of industries such as defense, aerospace, automotive, telecommunications, precision manufacturing, and others. IBC’s Copper Division manufactures and distributes a variety of copper alloys as castings and forgings, including beryllium copper, chrome copper, and aluminum bronze. IBC’s Engineered Materials Division makes the Beralcast® family of alloys, which can be precision cast and are used in an increasing number of defense, aerospace, and other systems, including the F-35 Joint Strike Fighter. IBC’s has production facilities in Indiana, Massachusetts, Pennsylvania, and Missouri. The Company’s common shares are traded on the TSX Venture Exchange under the symbol “IB” and the OTCQB under the symbol “IAALF”.
CAUTIONARY STATEMENTS
TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy of this news release. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This disclosure contains certain forward-looking statements that involve substantial known and unknown risks and uncertainties, certain of which are beyond the Company’s control including: the impact of general economic conditions in the areas in which the Company operates, industry conditions, changes in laws and regulations including the adoption of new environmental laws and regulations and changes in how they are interpreted and enforced, increased competition, the lack of availability of qualified personnel or management, limited availability of raw materials, fluctuations in commodity prices, foreign exchange or interest rates, stock market volatility and obtaining required approvals of regulatory authorities. In addition there are risks and uncertainties associated with manufacturing activities therefore the Company’s future results, performance or achievements could differ materially from those expressed in these forward-looking statements. All statements included in this press release that address activities, events or developments that the Company expects, believes or anticipates will or may occur in the future are forward-looking statements. These statements are based on assumptions made by the Company based on its experience, perception of historical trends, current conditions, expected future developments and other factors it believes are appropriate in the circumstances
