RED BANK, NJ June 2, 2014 Brand & Oppenheimer Co., Inc. (B&O), a leading textile converter, today announced the promotion of David Mackney to VP of Protective Fabrics for the companys Performance Textiles Division.
Mackney began his career with B&O in August 2013 bringing with him more than 20 years of diverse hospitality and textile sales and marketing experience. In his new position, Mackney will be responsible for the strategic business leadership of the protective fabrics market in an effort to expand the business with both current and new fabric offerings.
B&O is committed to strengthening our capabilities and expanding our line of innovative fabrics that help to keep workers safe and comfortable. David Mackney is the right person to lead this strategic initiative for B&O, said President and CEO, Dan Pezold.
Mackney will be transitioning from his current role as Specialty Fabrics Business Manager to his new position over the next few weeks. Mackney stated, I am excited to expand the protective fabrics area of B&O while continuing to work with existing customers as well as new and existing supply chain partners.
About Brand & Oppenheimer Co., Inc.
Brand & Oppenheimer Co., Inc. is a supplier to the textile industry. Based in Red Bank, NJ, B&O has distinguished itself in the past two decades as a leader in textile conversion for the U.S. military. The companys principal owners are B&O management and Praesidian Capital. In January 2014 B&O acquired Performance Textiles, Inc. B&Os Performance Textile Division has operations in Duxbury, MA and Greensboro, NC and produces high performance fabrics engineered for a variety of uses. B&O specializes in providing textile solutions for market segments that include military, commercial, parachutes, medical and high-visibility FR workwear.
About Praesidian Capital
Praesidian Capital partners with small and mid-sized businesses by providing senior and subordinated debt capital. Praesidian invests in established, historically profitable companies often in connection with a management/leveraged buyout, recapitalization or refinancing. Based in New York City, Praesidian manages more than $850 million in committed capital. For more information, visit www.praesidian.com.
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