Hebe Quits Seagrave, Seagrave Future Unclear

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Wonder what happened to his "big plans. There was a bunch of new stuff, including new chasis and aerial products, introduced at FDIC last year, but none of it seems to be selling or delivered, or aggresively marketed?

I wonder what the future holds for Seagrave, and what will be introduced at FDIC next week? Hopefully the new midmount tower ladder, and not an aqquistion by Pierce.

Seagrave Fire Apparatus Names New Management Team

Seagrave Fire Apparatus announced the appointment of Scott A. Mintier as Chief Executive Officer. Mintier replaces James L. Hebe who resigned to pursue other business interests.  

Mintier has had extensive experience in manufacturing, engineering and general management in the bus and rail industry, having formerly served as President of NovaBus Corporation (a subsidiary of Volvo) and Super Steel Products.  Seagrave also announced the appointment of Dan Alexander as President and Chief Financial Officer. Alexander has had extensive experience in heavy steel products manufacturing, transit bus manufacturing and is a Certified Public Accountant. Alexander has formerly served as CFO of Super Steel Products and North American Controller of NovaBus Corporation. David Schmidt, Seagrave Sales Manager, has been promoted to Director of Sales.  Schmidt will have responsibility for field and internal sales administration, advertising, marketing and product planning.

Seagrave, founded in 1881, is the oldest continuous manufacturer of custom-built fire trucks in North America and offers a complete line of fire and rescue trucks that are marketed throughout the United States and Canada. Seagrave has more than 400 employees and is headquartered in Clintonville, Wisconsin. Since the Ballamor acquisition in May 2003, the Company has invested heavily in developing new technology and products. The Company has also focused on enhancing customer service

Seagrave is 92% owned by Ballamor Capital Management, Inc., an SEC registered investment advisor based in Wayne, Pennsylvania. Ballamor manages more than $4 billion for institutions, wealthy individuals and family offices. Ballamor makes selected investments in the stock and debt of established middle market companies as a component of its asset allocation model.

Seagrave Fire Apparatus, founded in 1881, is the oldest continuous manufacturer of fire apparatus in North America.  The company employs 422 through its manufacturing facilities in the U.S. and Canada.  Seagrave products are distributed and serviced by a dealer network with locations throughout the U.S. and Canada. The firm’s comprehensive range of custom apparatus includes aerials, aerial platforms, tractor-drawn aerials, pumpers, and rescue units. All Seagrave products are NFPA, DOT and FMVSS compliant.  For more information, visit the Seagrave website at www.seagrave.com.