Cleveland — Oatey Co. announced that LaKisha Peterson has joined the organization as Vice President, Accounting. With more than 15 years of experience in accounting and finance, Peterson has extensive expertise driving business results and developing high-performance teams at global manufacturing companies. She comes to Oatey from Associated Materials, a leading manufacturer of exterior building products Read more
Oatey Co.
Cleveland — Oatey Co. announced that LaKisha Peterson has joined the organization as Vice President, Accounting.
With more than 15 years of experience in accounting and finance, Peterson has extensive expertise driving business results and developing high-performance teams at global manufacturing companies. She comes to Oatey from Associated Materials, a leading manufacturer of exterior building products, where she served as Interim Vice President, Corporate Controller. Prior to this role, she was the Interim Corporate Controller at Materion, a $1 billion multinational manufacturer of engineered advanced materials. In both roles, Peterson was responsible for delivering an effective control environment, consolidating global financial results, as well as leading accounting, reporting and shared services. She also managed Materion’s Finance & Accounting Development Program.
As Oatey’s Vice President, Accounting, Peterson will oversee the organization’s global accounting and tax functions to ensure timely and accurate financial results. She will also collaborate with cross-functional business partners to help ensure understanding of financial results.
“I am proud to join the Oatey team and look forward to partnering with so many talented and passionate individuals,” says Peterson. “Oatey has a strong reputation of caring about its associates and delivering quality products – I’m excited to be part of that continued success.”
“LaKisha is an outstanding addition to the organization,” comments Mike Woloszyn, Senior Vice President & Chief Financial Officer. “Her dynamic leadership style, deep knowledge of the industry and ability to effectively translate business results across departments will be essential to advancing Oatey’s growth.”
Acquisition enhances Oatey’s product offering and capabilities Cleveland — Oatey Co., a leader in the plumbing industry since 1916, announced the acquisition of certain assets of The Keeney Manufacturing Company based in Newington, Connecticut. The transaction includes Keeney’s plastic injection molding operation in Winchester, New Hampshire; its distribution facilities in Buford, Georgia and Sparks, Nevada Read more
Acquisition enhances Oatey’s product offering and capabilities
Cleveland — Oatey Co., a leader in the plumbing industry since 1916, announced the acquisition of certain assets of The Keeney Manufacturing Company based in Newington, Connecticut. The transaction includes Keeney’s plastic injection molding operation in Winchester, New Hampshire; its distribution facilities in Buford, Georgia and Sparks, Nevada; and the stock of Keeney’s two international subsidiaries, Tubular Industries of Canada Ltd. and KMC (Jiangmen) Co. Ltd. Substantially all of Keeney’s employees, including those located in Newington, Connecticut, will be joining the Oatey family of companies as part of the transaction.
For more than 96 years, Keeney has been a leading manufacturer and distributor of plastic and brass tubular products, sink repair parts, strainers, toilet repair parts, faucets and other plumbing products. Its products are sold under the Keeney®, Plumb Pak® and Belanger® brand names through retail and wholesale channels.
According to Neal Restivo, CEO of Oatey, “The acquisition of Keeney enables us to provide our customers with an even greater breadth of products and adds the highly recognized and trusted Keeney®, Plumb Pak® and Belanger® brand names to our product offerings. This transaction also significantly enhances our plastic and brass manufacturing capabilities and provides us with additional plastic injection molding capacity in the U.S.”
Keeney will continue to operate as a stand-alone business. The longer-term plan is to integrate the Keeney business in a manner that will leverage both companies’ capabilities. For more information, visit www.oatey.com or www.keeneymfg.com.