October 16, 2017

RMB Products, Inc appoints a new CEO

Fountain, Colorado - 16 October 2017 – MCM Capital, majority owner of RMB Products, has announced the appointment of Harry Shimp as RMB Products’ new CEO. He will assume responsibilities immediately and will succeed Craig Jack who has resigned to pursue other opportunities. Harry has been associated with MCM Capital for over twenty years and has been a part of the RMB Products team for seven years as both investor and member of the Board of Directors. He will continue as Chairman of the Board while in his new role. RMB Products has developed technology leadership in rotomolding, rotolining and 3D printing of thermoplastics for use in aerospace, corrosion control, and high purity container applications. The company is looking to broaden its customer base and work more closely with its customers’ design engineers. “RMB Products has developed an excellent reputation for quality and delivery among its customers and we hope to capitalize on these strengths as we focus on growing our top line.” said the new CEO. Harry brings over 30 years of experience in the general management of high technology manufacturing companies. He has had P&L responsibility for seventeen different manufacturing businesses in the fields of precision equipment, photovoltaics, engineered materials, optics and aerospace components. He holds a B.S. in Mechanical Engineering from Lehigh University and Masters degrees in Engineering and Industrial Administration from Carnegie-Mellon University as well as five U.S. patents. Previously, he served as a regular commissioned officer with United States Marine Corps. Based in Fountain, Colorado, RMB Products employs 85 individuals. The company compounds its own proprietary plastic resins, which it molds and sells into various international markets. MCM Capital is a microcap private equity firm based in Cleveland, OH