ELMHURST, Ill., June 3, 2011 (GLOBE NEWSWIRE) -- Adams Magnetic Products Co. announces John Cosmas as chief operating officer. In this newly-created position, he will oversee the business' practices and policies, including involvement with international supply chain management and financial direction.
Cosmas will work directly with Adams' president Scott Lewis to guide the general managers leading an extended family of businesses that include: Adams Magnetic Products Company, Inc., providing magnetic products and assemblies; Magnetic Attractions, offering magnetic promotions, direct marketing services and digitally-printed labels for packaged goods; and Dowling Magnets, offering retail magnetic products for the education, toy and hardware markets.
"Adams and its companies already are very successful," says Cosmas. "They have a strong culture, great core values and a customer-centric focus. The tremendous upside is further enhancing these qualities and providing their customers with expanded product breadth, on-time shipments and greater value which leads to even more opportunities for growth."
Investing in continued success, Cosmas will strive to improve upon Adams' enterprise resource planning system, financial reporting methodology, and other business processes and metrics. He will work closely with the company leaders in Illinois, New York, Kentucky, North Carolina and California.
Prior to joining Adams, Cosmas served as PCTEL, Inc.'s Antenna Products Group's vice president of operations and global supply chain management. He was responsible for the organization's largest business unit with facilities in the U.S., Europe and China, and for major contract manufacturing partners throughout Asia. During his years with PCTEL, Cosmas led Lean manufacturing and Kanban project initiatives yielding significant results for enhanced efficiency, reduced waste, improved production and increased profitability.
Previously, Cosmas worked as vice president of operations and chief financial officer for MAXRAD, Inc., which was acquired by PCTEL. MAXRAD was a designer and manufacturer of broad-based antenna solutions for wireless communication, and relied on Adams Magnetic Products as a supplier.
Before entering the magnet and antenna manufacturing industries, Cosmas enjoyed a successful career as a Certified Public Accountant (CPA) working with both publicly- and privately-held organizations. A member of both the American Institute of CPAs and the Illinois CPA Society, he also is a Certified Financial Planner. He earned his bachelor's degree from DePaul University in Chicago, and a Master of Business Administration from Northern Illinois University in DeKalb, Ill.
Established in 1950, Adams Magnetic Products Co. sets the standard for designing and manufacturing innovative magnetic products and assemblies. One of the oldest U.S. companies in the industry, its staff draws from a depth of engineering, fabricating, coating, testing, sourcing, handling, and distributing expertise managing inventory and delivery to coincide with customers' production cycles and schedules. Adams stocks a large variety and quantity of the most popular magnetic products and has the capabilities to produce magnets of virtually any shape and size.
Adams Magnetic Products Co.Corporate Office:
888 Larch Avenue, Elmhurst, IL 60126
Phone: 630-617-8880 Fax: 630-617-8881
www.adamsmagnetic.com
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