BNET Industries

GSI Group Inc.

(GSIG) is in the Manufacturing Industry

Last Fiscal Year Sales:$317.8M
  • Public
  • US
Dow Jones Description

With corporate offices in Billerica, MA, GSI Group develops and delivers the enabling technology solutions that bring our customers' advanced manufacturing applications to life. Our leading brands include precision motion products, lasers, and laser systems, and are used to boost efficiency and productivity in the global medical, semiconductor, electronics, and industrial markets. GSI Group's common shares are listed on Nasdaq under ticker symbol GSIG.

President & Chief Executive Officer
Benjamin J. Virgilio
Number of Employees 1,363
Contact Information

39 Manning Rd

Billerica, Massachusetts 01821

www.gsig.com

(978) 439-5511

NAICS Code Hand and Edge Tool Manufacturing: 332212

Recent Events

  • GSI Group goes under

    11/20/09 - Bankruptcy Filings - View Story

  • GSI Group Reports on Revenue Recognition Review, Preliminary Second Quarter 2009 Bookings,...

    8/31/09 - Financial Announcement - View Story

News & Analysis

gsi group inc. - All News and Analysis

  • GSI Schedules 3Q Earnings Call

    - 2007-10-21

    Wireless News 10-21-2007 GSI Schedules 3Q Earnings Call WIRELESS NEWS-October 21, 2007-GSI Schedules 3Q Earnings Call C2007 10Meters - http://www.10meters.com GSI Group Inc. will be releasing its third quarter earnings on Tuesday, October 23rd after the...

    Tags: GSI Group Inc.

  • GSI Holdings Corp., Parent Company of the GSI Group, Inc., Agrees to Be Acquired by Centerbridge Partners, L.P

    - 2007-06-25

    ASSUMPTION, Ill. -- The GSI Group, Inc., a leading manufacturer and distributor of agricultural equipment including storage, conditioning, and handling equipment within the grain market, as well as feeding and climate control systems within the protein production markets, announced today that its parent company, GSI Holdings Corp., which is controlled...

    Tags: Company, GSI Group Inc.

  • Central Illinois Section

    - 2007-01-01

    SECTION NEWS The fall meeting of the Central Illinois Section was held Oct. 20, 2006, at the headquarters of The GSI Group, Inc., Assumption, Ill. Following lunch, ASABE President Charles Sukup showed sample video clips of ASABE Historical Landmarks that are being prepared for the centennial. Clips included...

    Tags: GSI Group Inc.

  • Central Illinois Section

    - 2007-01-01

    The fall meeting of the Central Illinois Section was held Oct. 20, 2006, at the headquarters of The GSI Group, Inc., Assumption, Ill. Following lunch, ASABE President Charles Sukup showed sample video clips of ASABE Historical Landmarks that are being prepared for the centennial. Clips included center pivot irrigation,...

    Tags: GSI Group Inc.

  • GSI Snags KLA-Tencor Exec (Electronic News)

    - 2006-06-12

    After a six-month search, GSI Group Inc., a maker of semiconductor manufacturing tools, has named Dr. Sergio Edelstein the company's new CEO. Edelstein will officially take the helm July 10. Edelstein succeeds Charles Winston, who announced his plans for retirement in November. Winston, who was...

    Tags: GSI Group Inc., KLA-Tencor Corp.

Decision Makers

Name (plus bio) Position
Benjamin J. Virgilio President & Chief Executive Officer
Charles D. Winston President & CEO
Garrett A. Garrettson President and Chief Executive Officer
Richard B. Black President and Chief Executive Officer
Richard M Christman Chief Executive Officer
Sergio Edelstein President and Chief Executive Officer
Allen A Deutsch President of Protein Division
Dennis E Schwieger President of Grain Division
John Henderson Chief Financial Officer
Daniel J. Lyne General Counsel, Secretary & Vice President
Michael Bond Vice President, Manufacturing Grain
Michael Fuqua Vice President, Supply Chain
Nino R. Federico Vice President
Philippe Brak Vice President and General Manager, Lasers
Ray Sansouci Vice President
Thomas R Swain Vice President
Tony Bellantuoni Vice President, Human Resources
William A. Watson Vice President, World Wide Engineering
Stephen Kew Managing Director
Stephen Webb Managing Director
Michele Taylor Manager
Stevena McDonnell Manager
Atsushi Takahashi Sales Engineer
Janet Gardner
Masayoshi Ito Senior Sales Engineer
Marina Hatsopoulos Director

Board of Directors

Name (plus bio) Position
Andrew S. Janower Board of Directors
Byron O. Pond Board of Directors
Kim Davis Board of Directors
Michael W Choe Board of Directors
Paul F. Ferrari Board of Directors
Paul W Farris Board of Directors
Phillip A. Griffiths Board of Directors

Organization Position Status
GSI Group Inc. President & Chief Executive Officer Current
GSI Group Inc. Board of Directors Current

Organization Position Status
GSI Group Inc. President & CEO Current
GSI Group Inc. Board of Directors Former

Organization Position Status
GSI Group Inc. President and Chief Executive Officer Current
GSI Group Inc. Chief Executive Office, Fresco Technologies, and Consultant Current
GSI Group Inc. Board of Directors Current

Organization Position Status
GSI Group Inc. President and Chief Executive Officer Current
GSI Group Inc. Board of Directors Current
GSI Group Inc. Chairman Former

Organization Position Status
GSI Group Inc. Chief Executive Officer Current
Giant Partners Executive Partners Current
University of Michigan MBA Former
Rose-Hulman Institute of Technology Bachelor's Degree In Mechanical Engineering Former

Mr. Edelstein joined GSI Group in July of 2006 from KLA-Tencor, where he held a number of senior executive positions, most recently as Group Vice President of the E-Beam and Films Product Group. Prior to that, Mr. Edelstein held several general management positions at Applied Materials. Mr. Edelstein also served as Director on the Board of Blue 29, a semiconductor equipment company. Mr. Edelstein has a Ph.D. in Chemical Engineering from the California Institute of Technology and holds 11 patents.

Organization Position Status
GSI Group Inc. President and Chief Executive Officer Current
GSI Group Inc. Principal Executive Officer Current
GSI Group Inc. Board of Directors Current

Organization Position Status
GSI Group Inc. President of Protein Division Current

Organization Position Status
GSI Group Inc. President of Grain Division Current

Organization Position Status
GSI Group Inc. Chief Financial Officer Current
Marquette University Masters of Business Administration Former
University of Wisconsin Bachelor of Science Degree Former

Daniel J. Lyne was named Vice President, General Counsel and Secretary of GSI Group in June 2005. Prior to joining the Company, Mr. Lyne was a Senior Shareholder at the law firm of Hanify & King, Professional Corporation in Boston, Massachusetts. Mr. Lyne joined Hanify & King in May 1987. Prior to that, Mr. Lyne was employed at Gaston Snow & Ely Bartlett in Boston, Massachusetts from 1981 to 1987.

Organization Position Status
Hanify & King and Co Former

Organization Position Status
GSI Group Inc. Vice President, Manufacturing Grain Current
Akebono Corporation Vice President of Aftermarket Operations Former
The University of North Carolina MBA Former
The University of Tennessee BA In Statistics Former
Harvard University BA In Biology Former

Organization Position Status
GSI Group Inc. Vice President, Supply Chain Current

Organization Position Status
GSI Group Inc. Vice President Current
Laser Systems Inc. General Manager Former
Laser Systems Inc. Director of Operations Former

Philippe Brak joined the Company on January 2, 2008 as Vice President and General Manager for the Company's lasers business. Prior to joining the Company, Mr. Brak was President and CEO of NP Photonics, a fiber laser company. Before joining NP Photonics, Mr. Brak was employed at Gigabit Optics and Spectra-Physics Lasers, Inc. in various General Management and Sales and Services Management roles.

Organization Position Status
GSI Group Inc. Vice President and General Manager, Lasers Current

Organization Position Status
GSI Group Inc. Vice President Current
MicroE Systems Corporation General Manager, Microe Systems Division Current
MicroE Systems Corporation CEO Former
MicroE Systems Corporation President Former

Organization Position Status
GSI Group Inc. Vice President Current

Organization Position Status
Hibbitt Karlsson & Sorensen Vice President, HR Current
GSI Group Inc. Vice President, Human Resources Current
Wang Laboratories Vice President of Worldwide Services Business Former
Banyan Systems Vice President of Human Resources Former
Abaqus, Inc. Vice President, Human Resources & Administration Former
University of Massachusetts Amherst Bachelor of Science Degree In Psychology Former
Framingham State College Former

Organization Position Status
GSI Group Inc. Vice President, World Wide Engineering Current

Organization Position Status
GSI Group Inc. Managing Director Current

Stephen Webb became Managing Director of Westwind Air Bearings Ltd. in February 2003. Westwind was acquired by GSI Group in December 2003. From 2001 to 2003, Mr. Webb was Operations Director at Oxford Instruments Analytical. Prior to 2001, he was Operations Director at EEV Ltd.

Organization Position Status
GSI Group Inc. Managing Director Current

Organization Position Status
GSI Group Inc. Manager Current

Organization Position Status
GSI Group Inc. Manager Current

Organization Position Status
GSI Group Inc. Sales Engineer Current

Organization Position Status
GSI Group Inc. Current

Organization Position Status
GSI Group Inc. Senior Sales Engineer Current

Organization Position Status
Charlesbank Capital Partners, LLC Managing Director Current
GSI Group Inc. Board of Directors Current
Harvard Private Capital Group NA Former
Bain & Company consultant Former
Harvard University MBA Former
Wharton Graduate School of the University of Pennsylvania BS in economics Former
Harvard Business School research associate in entrepreneurial finance Former

Organization Position Status
GSI Group Inc. Board of Directors Current

Organization Position Status
GSI Group Inc. Board of Directors Current
Council on Foreign Relations Member Current
Harvard Private Capital Group Managing Director Former
Kohlberg & Company, L.L.C. Partner Former
Weiss, Peck & Greer General Partner Former
The Dyson-Kissner-Moran Corporation Associate Former
General Motors Corporation held various positions Former
Harvard University MBA. Former
Harvard University BA In History Former
Council on Foreign Relations member Former

Organization Position Status
Nantucket Conference Current
GSI Group Inc. Director Current
Tea Forte Director Current
Cynosure, Inc. Board of Directors Current
Energy Industry Former

Organization Position Status
GSI Group Inc. Board of Directors Current

Organization Position Status
GSI Group Inc. Board of Directors Current
GSI Group Inc. Chairman Former

Organization Position Status
Mpm Forum Board of Directors Current
Princeton Economics Group, Inc. Board of Directors Current
GSI Group Inc. Board of Directors Current
University of Virginia Communications Professor of Business Administration Former
Unilever Former
University of Washington MBA Former
University of Missouri B.S. Former
University of Missouri Degrees Former
Harvard Business School DBA Former

Organization Position Status
GSI Group Inc. Board of Directors Current

Executive News

  • Charlesbank Capital Partners Closes Fund VII at $1.5 Billion

    Reuters - 9/09/09 - View Story

  • GSI Group Inc. Receives Anticipated Letter from Nasdaq Regarding Form 10-Q Filing

    Reuters - 8/20/09 - View Story

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     GSIG $0.64 0.00 (0.00% )
Average Volume 543,318
Shares Outstanding 41.69M
Market Cap 26.6M
Year High 1.4884
Year Low 0.43
Earnings Per Share N/A
P/E Ratio -
Dividend N/A
Yield N/A
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