Mongoose AFP machine manufacturer announces new CEO

Ingersoll Machine Tools Inc. (Rockford, IL, US) has announced that Chip Storie was appointed as CEO in October, assisted initially by the company’s previous CEO Tino Oldani. Ingersoll Machine Tools is part of the Camozzi Group (Brescia, Italy), and is the manufacturer of automated fiber placement (AFP) machines for composite part manufacturing as well as the WHAM (Wide and High Additive Manufacturing) 3D printing system for large components.

“I am very honored to have been given the opportunity to drive Ingersoll forward, with the huge advantage of being part of such a large Group as Camozzi,” says Storie. “Ingersoll has a proud history of delivering continuous improvement on machinery and processes. I look forward to helping customers around the world meet the challenges for ever more efficient production, higher quality and greater competitive advantage.” 

Lodovico  Camozzi, president and CEO of the Camozzi Group, adds, “We are very proud of what Ingersoll has achieved and we want to grow our presence in the US market by continuing to invest in the machine tool sector.”

The Camozzi Group Machine Tools division which is comprised of Ingersoll and Brescia-based Innse Berardi offers specialized machining technologies for such specialized applications as railways switches, rotor turbines, aerospace and defense components, and the laying of carbon fiber composites for the aviation industry. Ingersoll recently delivered a Mongoose, the world’s largest fiber placement machine, to an OEM manufacturer, to assist in the production of rockets for space vehicles. (CW reported in early November about the manufacture of the Mongoose for Blue Origin [Kent,  WA, US].) The Mongoose measures 41m x 15m x 13m and provides unique capabilities for both the layup and inspection of composite fiber components.

Camozzi has received offers to acquire Ingersoll Machine Tools during the course of 2018, but recently announced that the machine tool builder will be retained by the Group as a key component in its portfolio.