Tribus Aerospace LLC (“Tribus”) is pleased to announce that Randy D. Ball has been appointed Chief Executive Officer (“CEO”) and director of Tribus. Mr. Ball has over 30 years of experience in general management, operations and supply chain at multiple aerospace and defense manufacturing and repair service companies.
Randy joins Tribus following his leadership role at HD Advanced Manufacturing, where he was President of the Aerospace and Defense operations. From 2017-2019, he was General Manager of Heroux Devtek’s aerospace hydraulic systems and components repair and overhaul operations. Before Heroux Devtek, Randy had general management, operations and supply chain executive positions at Omni Aerospace, Senior Aerospace, and Cessna Aircraft Company. He is a certified Six Sigma Black Belt and earned a B.B.A. from Friends University.
“I am honored to join Tribus, and excited to get to work supporting our management team and associates in serving our customers and growing the company,” said Randy Ball.
“We are excited to welcome Randy to the Tribus team. His extensive operations and build-to-print manufacturing expertise will enable Tribus to enhance the operating performance and growth across our business units. Randy started his career on the shop floor in metal fabrication and machining, and brings a deep understanding of the key success drivers in precision metal machining. He will help Tribus improve operational execution, drive organic growth, and integrate future acquisitions to build a world class company with best-in-class quality and on-time delivery performance,” said Doug Knoch, Managing Director of Shorehill Capital.
Mr. Knoch added, “On behalf of the board, I would like to thank Brenda Reichelderfer for assuming the role of interim CEO during this transition period. Her leadership provided us the time necessary to recruit Randy to Tribus. Brenda will continue in her role as a board director to support Randy and the Tribus team.”
Tribus Aerospace is an aerospace and defense precision machining company. The company produces components and assemblies that power, propel and control aircraft, specifically for turbine engines, (augmentors, fuel nozzles, housings, and shafts), motion control applications (actuators, bearings, gears, and gear boxes) and flow control applications (valves, manifolds, pumps, and tubing assemblies). The operations of Tribus Aerospace include Precision Aerospace Corp., Precision Micro Mill, Advanced Machining & Tooling and Midwest Precision.
Tribus Aerospace seeks to acquire aerospace and defense-focused precision machining companies and is interested in acquisition opportunities presented by business owners, management or M&A intermediaries. Please contact Doug Knoch regarding acquisition opportunities.
About Shorehill Capital
Shorehill Capital LLC is a Chicago-based private equity firm with a passion for creating superior companies. We are focused on making control equity investments in North American engineered industrial products, industrial services, and value-added distribution companies with EBITDA between $3.0 million and $15.0 million and add-ons of any size. Shorehill seeks opportunities with differentiated business models where our experience, network and investment management approach can have a significant impact on the performance of the business. For nearly 30 years our partners have worked with middle market business leaders to accelerate growth and improve operational performance through structured investment management plans. For additional information, please visit www.ShorehillCapital.com.