Micron Solutions, Inc. Announces Appointment of Martin Johnson, January 6, 2022
07 January 2022 - 5:58AM
Micron Solutions, Inc. (OTCQB: MICR) (the
“
Company”), a diversified contract manufacturing
organization, through its wholly-owned subsidiary, Micron Products,
Inc., producing highly-engineered, innovative components and
assemblies requiring precision machining, injection molding, and
mold making announced today the appointment
of Mr. Martin Johnson as Executive Vice President of
Sales and Strategy.
Mr. Johnson brings over 30 years of Technology and
Business Development leadership experience in the Injection Molding
industry and will focus on driving growth with new and existing
customers. Mr. Johnson has held senior level roles in the industry,
including President of Technology for Westfall Technik and Chief
Technology Officer at Flex and Nypro and then
Jabil. “I am excited to be joining the Micron
team at this pivotal time for the Company, bringing my strategic
business development and technology experience to enhance value
creation for our customers.” said Mr. Johnson.
CEO Bill Laursen commented, “We are pleased to have Mr. Johnson
join our management team as EVP of Sales and Strategy, bringing his
experience and expertise developed at the largest contract
manufacturers in the industry. Martin will continue to develop our
foundation of providing best in class capabilities to our customers
and partners, by offering a personalized technical approach,
delivering engineered solutions utilizing the latest technology and
innovation.
About Micron Solutions, Inc.Micron Solutions,
Inc., through its wholly-owned subsidiary, Micron Products, Inc.,
is a diversified contract manufacturing organization that produces
highly-engineered, innovative medical device components requiring
precision machining and injection molding. The Company also
contract manufactures components, devices and equipment for
military, industrial and automotive applications. In addition, the
Company is a market leader in the production and sale of
silver/silver chloride coated and conductive resin sensors used as
consumable component parts in the manufacture of integrated
disposable electrophysiological sensors. The Company’s strategy for
growth is to build a best-in-class contract manufacturer with a
specialized focus on plastic injection molding and
highly-engineered medical devices and components requiring
precision machining.The Company routinely posts news and other
important information on its website:
http://www.micronsolutions.com.
Safe Harbor StatementForward-looking statements
made herein are based on current expectations of Micron Solutions,
Inc. (“our” or the “Company”) that involve a number of risks and
uncertainties and should not be considered as guarantees of future
performance. Therefore, actual results may differ materially from
what is expressed in or implied by these forward-looking
statements. The factors that could cause our actual results of
operations, financial condition, performance or achievements to be
affected materially include, but are not limited to, our ability to
obtain and retain order volumes from customers who represent
significant proportions of net sales; our ability to maintain our
pricing model, offset higher costs with price increases and/or
decrease our cost of sales; variability of customer delivery
requirements; the level of and ability to generate sales of higher
margin products and services; our ability to manage our level of
debt and provisions in any debt agreements which could make the
Company sensitive to the effects of economic downturns and limit
our ability to react to changes in the economy or our industry;
failure to comply with financial and other covenants in our credit
facility; the impact on the Company’s financial results due to
economic uncertainty and disruption including, but not limited to,
recent events concerning COVID-19; reliance on revenues from
exports and impact on financial results due to economic uncertainty
or downturns in foreign markets; volatility in commodity and energy
prices and our ability to offset higher costs with price increases;
continued availability of supplies or materials used in
manufacturing at competitive prices; variations in the mix of
products sold; and the amount and timing of investments in capital
equipment, sales and marketing, engineering and information
technology resources. The Company assumes no obligation to update
the information included in this press release, whether as a result
of new information, future events or otherwise. More information
about the Company's financial results is included in the Company's
Quarterly Reports for the quarters ended September 30, 2021, June
30, 2021 and March 31, 2021 and our most recent Annual Report for
the fiscal year ended December 31, 2020, which are posted at
https://www.otcmarkets.com/stock/MICR/ and
https://micronsolutions.com/.
For More Information, Contact:Glen BunnellChief
Financial
Officer978-345-5000
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