inTEST Appoints Michael Goodrich as President, Process Technologies Division
January 16 2024 - 9:13AM
Business Wire
inTEST Corporation (NYSE American: INTT), a global supplier of
innovative test and process technology solutions for use in
manufacturing and testing in key target markets which include
automotive/EV, defense/aerospace, industrial, life sciences,
security, and semiconductor (“semi”), announced today the
appointment of Michael Goodrich to the position of President,
Process Technologies Division. Mr. Goodrich is a global technology
leader with proven experience leading international cross-function
teams in technology and manufacturing organizations.
Nick Grant, President and CEO, commented, “Mike brings the
skills and experience in operations, engineering sales and
marketing, and importantly in coaching, mentoring and team building
across an organization. We believe his skills will help to advance
our efforts as an organization as we leverage customer
relationships and geographic reach among our divisions. We look
forward to Mike’s contributions to our growth.”
Most recently, Mr. Goodrich was Vice President of Operations
with Vixar Inc, a subsidiary of asm OSRAM. Previous to that he was
President of GBS, LLC providing strategic and process improvement
advisory services to technology and manufacturing business. Mr.
Goodrich spent over 20 years of his career at Rudoph Technologies
where he progressively advanced to roles of greater responsibility.
He began his career with August Technology which was later acquired
by Rudolph where he was tasked with creating the customer support
department. He ultimately rose to Vice President and General
Manager and managed several cross functional strategic
relationships while overseeing several major product launches and
revenue growth of over 60%. He began his career as a technical
support engineer at several technology companies. A graduate of
DeVry Institute of Technology where Mr. Goodrich earned a B.S. in
Electronics Engineering Technology, he also earn his M.B.A. at the
University of St. Thomas.
Mr. Goodrich succeeds Scott Nolen who will be pursuing other
opportunities.
About inTEST Corporation
inTEST Corporation is a global supplier of innovative test and
process technology solutions for use in manufacturing and testing
in key target markets including automotive/EV, defense/aerospace,
industrial, life sciences, and security, as well as both the
front-end and back-end of the semiconductor manufacturing industry.
Backed by decades of engineering expertise and a culture of
operational excellence, inTEST solves difficult thermal,
mechanical, and electronic challenges for customers worldwide while
generating strong cash flow and profits. inTEST’s strategy
leverages these strengths to grow organically and with acquisitions
through the addition of innovative technologies, deeper and broader
geographic reach, and market expansion. For more information, visit
intest.com.
Forward-Looking Statements
This press release includes forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of
1995, as amended. These statements do not convey historical
information but relate to predicted or potential future events and
financial results, such as statements of the Company’s plans,
strategies and intentions, or our future performance or goals, that
are based upon management's current expectations. These
forward-looking statements can often be identified by the use of
forward-looking terminology such as “continue,” “believe,” “could,”
“expects,” “may,” “will,” “should,” “plan,” “potential,”
“forecasts,” “outlook,” “anticipates,” “targets,” “estimates,” or
similar terminology. These statements are subject to risks and
uncertainties that could cause actual results to differ materially
from those expressed or implied by such statements. Such risks and
uncertainties include, but are not limited to, any mentioned in
this press release as well as the Company’s ability to execute on
its 5-Point Strategy, achieve high single-digit growth in 2023,
realize the potential benefits of acquisitions and successfully
integrate any acquired operations, grow the Company’s presence in
its key target and international markets, manage supply chain
challenges, convert backlog to sales and to ship product in a
timely manner; the success of the Company’s strategy to diversify
its markets; the impact of inflation on the Company’s business and
financial condition; indications of a change in the market cycles
in the semi market or other markets served; changes in business
conditions and general economic conditions both domestically and
globally including rising interest rates and fluctuation in foreign
currency exchange rates; changes in the demand for semiconductors;
access to capital and the ability to borrow funds or raise capital
to finance potential acquisitions or for working capital; changes
in the rates and timing of capital expenditures by the Company’s
customers; and other risk factors set forth from time to time in
the Company’s Securities and Exchange Commission filings,
including, but not limited to, the Annual Report on Form 10-K for
the year ended December 31, 2022. Any forward-looking statement
made by the Company in this press release is based only on
information currently available to management and speaks to
circumstances only as of the date on which it is made. The Company
undertakes no obligation to update the information in this press
release to reflect events or circumstances after the date hereof or
to reflect the occurrence of anticipated or unanticipated events,
except as required by law.
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version on businesswire.com: https://www.businesswire.com/news/home/20240116592198/en/
inTEST Corporation Duncan Gilmour Chief Financial Officer
and Treasurer Tel: (856) 505-8999
Investors: Deborah K. Pawlowski Kei Advisors LLC
dpawlowski@keiadvisors.com Tel: (716) 843-3908
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