2018cnc8-9

114 www.CNC-West.com CNC WEST August/September 2018 ELIMINATE MIST AND SMOKE IN YOUR SHOP With more than 150,000 units operating in over 50 countries worldwide, the Royal Filtermist is the metalworking industry’s leading mist collector. • Continuous high-efficiency – even in high-pressure applications that produce sub-micron sized particles. • Lowcost,simpleinstallation,andminimalmaintenancerequirements. • Clean, healthy shop air helps attract and retain top talent. www.mistcollectors.com Exclusive Risk-Free PERFORMANCE Guarantee RP_Filtermist_Ad_MTW_747.qxp_Ad 12/22/17 7:27 AM Page 1 Industry News HEIDENHAIN Announces New CEO DR. Johannes Heidenhain GmbH announces the appointment of David Doyle as CEO of Heidenhain Cor- poration, effective Oct. 1, 2018. At that time, Doyle will assume full re- sponsibility for the customer-focused operations for the U.S., Canada and Mexico. This change will complete the succession plan for Rick Korte, current CEO of Heidenhain Corporation who will be retiring at that time after more than 34 years of service. “I am happy to announce the next phase of the succession plan for our North American operations, with the promotion of David Doyle to CEO,” said Korte. Doyle started with Heidenhain Corporation in 2016 as vice president of sales & mar- keting, b r i n g - i n g w i t h h i m m o r e t h a n twenty- f i v e y e a r s of experience in international capital equipment business and technical support management. He currently is president and managing director. “I want to thank Rick Korte for leading the company in tremendous growth over these many years, and for the guidance he has provided to not only myself, but to the many staff members who have called Heidenhain home for so long,” said Doyle. “I am looking forward to leading the Heidenhain Corporation team through the next phase of development and to reaching our growth objectives in North America.” Verdant Commercial Capital Has Acquired In- tech Funding Verdant Commercial Capital, LLC (Verdant) of Cincinnati, Ohio an- nounced that it has acquired Intech Funding Corp (Intech) of Monrovia,