BNET Industries

Last Fiscal Year Sales:$206.3M
  • Private
  • US
Dow Jones Description

AGY Holding Corp. is a Delaware corporation, incorporated in 2004, with its headquarters in South Carolina. AGY Holding Corp. and its subsidiaries are referred to herein as AGY or the Company. The Company manufactures and sells glass yarn used in a variety of electronic, industrial, construction and specialty applications. We are focused on serving end-markets that require glass fibers for applications with demanding performance criteria, such as the aerospace, defense, construction, electronics and industrial end-markets which represented approximately 14%, 24%, 15%, 21% and 26%, respectively, of our sales for the year ended December 31, 2008. We are able to leverage our flexible manufacturing capabilities to target new specialty end-use applications and to shift production rapidly to meet changing market demand. The business is conducted through AGY Holding Corp., its two wholly owned domestic operating subsidiaries, AGY Aiken LLC and AGY Huntingdon LLC, and its wholly owned foreign subsidiary, AGY Europe SARL.

Chief Executive Officer, President and Director
Doug Mattscheck
Number of Employees 550
Contact Information

2556 Wagener Rd

Aiken, South Carolina 29801

agy.com

(803) 648-8351

NAICS Code Insurance Agencies and Brokerages: 524210

News & Analysis

advanced glassfiber yarns llc and company - All News and Analysis

Decision Makers

Name (plus bio) Position
Doug Mattscheck Chief Executive Officer, President and Director
Jeffrey J. Davis President and Chief Operating Officer
Wayne T. Byrne Chief Financial Officer
Catherine A. Cuisson Vice President, Finance and Corporate Controller
Drew Walker Vice President of Sales and Marketing
Jason Takac Global Director of Sales
Kathy Griffin Director of Sales, Americas
Thierry Philibert Director of Sales, Europe
Amy Shuttleworth Manager, Territory Sales
Bob Walton Plant Manager
Eddie McDonald Territory Sales Manager
John Mancinelli Manager, Territory Sales
Kenichi Inaba Market Specialist, Japan
Sam Ahn Market Representative, Korea

Board of Directors

Name (plus bio) Position
Christopher Lacovara Board of Directors
John S Eastburn Board of Directors
Samuel P. Frieder Board of Directors
Seth H Hollander Board of Directors

Douglas J. Mattscheck, Chief Executive Officer and Director . Mr. Mattscheck joined us as Chief Executive Officer in April 2004. Prior to joining AGY, he served for seven years as President of St. Gobain Technical Fabrics. From 1989 to 1996, Mr. Mattscheck served as Senior Vice President of Surface Protection Industries, a high-end architectural paint and coatings business. From 1987 to 1989, Mr. Mattscheck managed an architectural products business for H.B. Fuller Company, a manufacturer of specialty chemicals. From 1982 to 1987, he held several positions for Schlegel Corp., including managing a construction products manufacturing business. Mr. Mattscheck holds a Bachelor of Science degree in Mechanical Engineering from Villanova University and a Masters of Business Administration from the University of Rochester.

Organization Position Status
Advanced Glassfiber Yarns LLC Chief Executive Officer, President and Director Current
H.B. Fuller Company Former
Villanova University Bachelor of Science Degree In Mechanical Engineering Former

Jeffrey J. Davis, President and Chief Operating Officer . Mr. Davis joined us as Chief Operating Officer in September 2007 and was appointed President in October 2008. Mr. Davis joined AGY after a 21-year career at the General Electric Company, where most recently he was General Manager of the GE Sealants and Adhesives business unit. Mr. Davis prior experiences at GE span a variety of functional roles and GE businesses, including VP of Global Sales and Marketing at GE Quartz & Advanced Ceramics, Global Crystalline Polymers Business Leader at GE Plastics, Halogen Product General Manager at GE Lighting, Plant Manager at GE Control Products and Senior Audit Manager for GE s Corporate Audit Staff. Mr. Davis holds a Masters of Business Administration from the University of Florida and a Bachelors of Science in Electrical Engineering from the Florida Institute of Technology.

Organization Position Status
Advanced Glassfiber Yarns LLC President and Chief Operating Officer Current
University of Florida Masters of Business Administration Former
Florida.Com Inc Bachelors of Science In Electrical Engineering Former
Florida Institute of Technology Bachelors of Science In Electrical Engineering Former

Wayne T. Byrne, Chief Financial Officer . Mr. Byrne joined us as Chief Financial Officer in July 2007. Prior to joining AGY, Mr. Byrne was employed by EnPro, a publicly-held corporation engaged in the design, manufacture and marketing of engineering industrial products, where he served as Vice President and Controller since September 2004. From 2001 to 2004, Mr. Byrne served as Vice President of Finance and Information Technology at EnPro s subsidiary, GGB LLC. Between 1998 and 2001, Mr. Byrne served as Vice President of Finance of Goodrich Corporation s Quincy Compressor and AMI businesses. From 1996 until 1998, he was Vice President of Finance at Agri-Tech, Inc. Prior to 1996, Mr. Byrne held various management positions at BREED Technologies, Inc. and Harris Corporation. Mr. Byrne holds a Masters of Business Administration from the University of Florida and a Bachelors of Science degree from the University of Central Florida.

Organization Position Status
Advanced Glassfiber Yarns LLC Chief Financial Officer Current
Agritech Vice President of Finance Former
Enpro, Inc. Vice President of Finance and Information Technology Former
University of Florida Masters of Business Administration Former
University of Central Florida Bachelors of Science Degree Former

Catherine A. Cuisson, Vice President, Finance and Corporate Controller . Ms. Cuisson has served as our Vice President of Finance and Corporate Controller since July 2007. Previously, she served as our Chief Financial Officer from 1999 until assuming her new position with the Company. Ms. Cuisson was transferred to the U.S. by Porcher Industries, our former majority owner, to organize and manage the financial operations of the newly formed joint venture with Owens Corning. Before joining us in early 1999, Ms Cuisson served as the Consolidation Manager and Corporate Controller of Porcher Industries, a textile weaver, for four years. Prior to joining Porcher Industries in late 1994, Ms. Cuisson was an Audit Manager for PricewaterhouseCoopers in Lyon, France from 1987 to 1994. Ms. Cuisson has been a French equivalent Certified Public Accountant since 1993. She obtained a Masters of Accounting and a Masters of Business Administration upon graduating from the Institut Commercial de Nancy, France.

Organization Position Status
Advanced Glassfiber Yarns LLC Vice President, Finance and Corporate Controller Current

Drew Walker, Vice President of Sales and Marketing. Mr. Walker joined us in January 2005 as Vice President of Sales and Marketing. He has 18 years of experience in marketing consumer brands and business-to-business industrial products in various international commercial roles. Before joining us in January 2005, Mr. Walker served as Global Sales Director for SAPPI (South Africa Paper & Pulp Industries) High Performance Release Paper Division for the synthetic fabrics and decorative laminates markets for two years. Prior to joining SAPPI, he held several worldwide sales and marketing roles with Victrex plc, a manufacturer of high

Organization Position Status
Advanced Glassfiber Yarns LLC Vice President of Sales and Marketing Current

Organization Position Status
Advanced Glassfiber Yarns LLC Global Director of Sales Current

Organization Position Status
Advanced Glassfiber Yarns LLC Director of Sales, Americas Current

Organization Position Status
Advanced Glassfiber Yarns LLC Director of Sales, Europe Current

Organization Position Status
Advanced Glassfiber Yarns LLC Manager, Territory Sales Current

Organization Position Status
Advanced Glassfiber Yarns LLC Plant Manager Current

Organization Position Status
Advanced Glassfiber Yarns LLC Territory Sales Manager Current

Organization Position Status
Advanced Glassfiber Yarns LLC Manager, Territory Sales Current

Organization Position Status
Advanced Glassfiber Yarns LLC Market Specialist, Japan Current

Organization Position Status
Advanced Glassfiber Yarns LLC Market Representative, Korea Current

Mr. Lacovara has served on Kohlberg Capital s Board since December 2006 and is also the Chairman of the Board, the Chairman of the Valuation Committee of the Board, a Vice President of the Company and a member of the Management Committee of Katonah Debt Advisors. Mr. Lacovara is the co-managing partner of Kohlberg & Co., a leading middle market private equity firm, which he joined in 1988. Kohlberg & Co. has invested approximately $2.5 billion of equity capital in over 100 middle market platform and add-on acquisitions with a combined transaction value of over $7 billion. From 1987 to 1988, he was an Associate in the Mergers and Acquisitions Department at Lazard Freres & Company. Prior to that he was a Financial Analyst in the Corporate Finance Department of Goldman, Sachs & Co. Mr. Lacovara received a A.B. in History from Harvard College, a B.E. in Engineering Sciences from Hofstra University and a Master of Science in Civil Engineering from Columbia University. Mr. Lacovara serves on the boards of directors of a number of private companies as well as on the boards of directors of AGY Holdings Corp., Katy Industries, Inc. and Stanadyne Corp.

Organization Position Status
Kohlberg Capital Corp Chairman and Vice President Current
Kohlberg & Company, L.L.C. Managing Director Current
Katy Industries, Inc. Co-Managing Partner of Kohlberg & Co. Current
Kohlberg Capital Corp Co-Managing Partner Current
Kohlberg & Company, L.L.C. Co-Managing Partner Current
Advanced Glassfiber Yarns LLC Board of Directors Current
Schawk, Inc. Board of Directors Current
Critical Homecare Solutions Holdings, Inc. Board of Directors Current
Katy Industries, Inc. Board of Directors Current
Kohlberg Capital Corp Board of Directors Current
Katonah Debt Advisors Board of Directors Current
The Goldman Sachs Group, Inc. analyst Former
Goldman, Sachs & Co. Financial Analyst Former
Lazard Ltd. Associate Former
Stanadyne Corporation Singer Worldwide Former
Columbia University Master of Science Former
Bees, Inc. A.B. Former
Harvard College A.B. In History Former
Hofstra University B.E. In Engineering Sciences Former
Columbia University Bachelor of Engineering Former

Organization Position Status
Kohlberg & Company, L.L.C. Partner Current
Kohlberg & Company, L.L.C. Principal Current
Advanced Glassfiber Yarns LLC Board of Directors Current
Crystal Dynamics Chief Operating Officer Former
New York University M.B.A. Former
Amherst College B.A. Former

Mr. Frieder joined Kohlberg & Co. in 1989 and became a Principal in 1995 and co-managing partner in 2006. From 1988 to 1989 he was a senior associate in the Capital Funding Group at Security Pacific Business Credit. Prior to that, he was a senior real estate analyst at Manufacturers Hanover Trust Company. Mr. Frieder received an A.B. from Harvard College. Mr. Frieder serves on the board of directors of a number of private companies as well as on the Management Committee of Katonah Debt Advisors. Mr. Frieder also serves on the board of directors of Katy Industries, Inc. and Stanadyne Corp.

Organization Position Status
Kohlberg Capital Corp Director and Vice President Current
Kohlberg & Company, L.L.C. Managing Director Current
Katonah Debt Advisors Co-Managing Partner, Kohlberg & Co Current
Katy Industries, Inc. Co-Managing Partner of Kohlberg & Co. Current
Kohlberg & Company, L.L.C. Co-Managing Partner Current
Katy Industries, Inc. Board of Directors Current
Kohlberg & Company, L.L.C. Board of Directors Current
Katonah Debt Advisors Board of Directors Current
Critical Homecare Solutions Holdings, Inc. Board of Directors Current
Advanced Glassfiber Yarns LLC Board of Directors Current
Holley Performance Products Inc. Board of Directors Current
Manufacturers Hanover Trust Company Senior Real Estate Analyst Former
Stanadyne Corporation Former
Nevamar Former
Harvard College A.B. Former

Organization Position Status
Kohlberg & Company, L.L.C. Vice President Current
Kohlberg & Company, L.L.C. Partner Current
Centerplate, Inc. Board of Directors Current
Hoffmaster Board of Directors Current
Advanced Glassfiber Yarns LLC Board of Directors Current
University of Michigan B.B.A. Former
University of Michigan-Ann Arbor B.B.A. Former
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