CRS REPROCESSING SERVICES NAMES CHIEF EXECUTIVE OFFICER
Global Slurry Reprocessor Creates New Leadership Position
Louisville, KY (October 6, 2009) — One of the world’s largest slurry reprocessors for solar and semiconductor wafering, CRS Reprocessing Services, LLC (CRS) has named Scott T. Massie as chief executive officer. Massie is the former CEO of EPV Solar, a leading manufacturer of thin film solar power modules based in Robbinsville, New Jersey.
“Having someone at the helm with Scott’s exceptional background – including a wealth of solar and semiconductor industry experience – positions CRS for continued success in both the short and long term,” said Argosy Capitals’ Steven Morgenthal, a member of the CRS board of directors. “In addition to being an experienced CEO, Scott’s background includes materials engineering, R&D, operations, energy & wafer technology and global business development, giving him a unique perspective on this business.”
Massie has 20 years’ experience in the solar, semiconductor and wafering industries. Prior to joining EPV Solar, Massie served as executive vice president and COO of Emcore Corporation, a publicly traded company with holdings in the digital fiber and photovoltaic industries and $500 million in market capitalization. Before that, Massie worked at IQE Inc., rising through the ranks to become president of the company, which has $60 million in annual revenue.
William (Bill) Lawrence, president of CRS, said, “We’re very happy that Scott has accepted the challenge of guiding CRS through the next phase of our company’s evolution. He has an extraordinary background in our core business, where we anticipate continued strong growth. Scott is also a proven leader in increasing sales and revenue, raising capital, developing teams and improving profitability.”
CRS is a global company that has developed a number of proprietary recycling processes for reprocessing slurry, coolants, lubricants and other fluids for industries such as solar and semiconductor wafer manufacturing and flat metal rolling. With CRS’ Optimized Reprocessing Management (ORM), CRS can design, build, install, operate and maintain its customers’ reprocessing infrastructures to achieve an optimal level of quality and consistency. An on-site solution allows customers to eliminate risky and expensive transportation, preserve resources and improve regulatory compliance.
Options for off-site reprocessing are available, along with complete engineering support and ancillary services. More information about CRS can be found online at www.crs-reprocessing.com.
About CRS Reprocessing Services
CRS is a global partner in fluid reprocessing management, offering people, technology and services to efficiently handle industrial fluids for manufacturing facilities. With 30 years of expertise and operations in the U.S., Europe and Asia, the company’s custom-built, on-site reprocessing facilities economically transform used fluids back to customer-specified performance levels, allowing high-yield waste recovery and lower unit costs.
The company’s private-equity partners have a combined portfolio value in excess of $1 billion, giving CRS the capital resources to expand operations across the U.S., Europe and Asia and the opportunity to provide engineered reprocessing solutions worldwide.