Paul Caprio’s seven-month-vacation has come to an end, and he couldn’t be happier. Engel North America (York, PA) announced yesterday that it had hired Caprio to serve as president of the company and manage the sales and service subsidiary of the Austria-based injection molding machine builder.
|Newly named president Paul Caprio (left) and CEO Mark Sankovitch are working hand-in-hand to make a smooth transition for customers as well as employees of Engel North America. Image courtesy Engel.|
Caprio left Krauss-Maffei Corp. in June 2019 after a 25-year career at the company. He moved up through the ranks of the U.S. subsidiary of the KraussMaffei Group, headquartered in Munich, Germany, and was named president in 2009. At the time, it was reported that he was leaving the company on good terms and was planning to take the rest of the year off for some well-earned R&R. But he made no secret of the fact that he was only taking a break from the injection molding business, and had no intention of leaving it for good.
“For seven months, I played a tremendous amount of tennis and golf, traveled with my wife and family, and I completely got myself relaxed and unwound from the machinery world,” Caprio told PlasticsToday. “I always knew I would be working again and it was simply a seven-month vacation. It was perfect but I am ready to get back to work, and my first day [at Engel] was exhilarating. I have joined a fantastic company that is a leader in the plastics industry for machinery solutions,” said Caprio.
|Engel will be exhibiting at PLASTEC West, co-located with Medical Design & Manufacturing (MD&M) West, in Anaheim, CA, on Feb. 11 to 13. In partnership with moldmaker Caco Pacific, Engel will be producing a medical dose cup on a 105 ton all-electric injection molding machine with integrated conveyor and robot at booth 3814. For more information and to register to attend the event, go to the PLASTEC West website.|
Caprio’s on-boarding will sound familiar to any one starting a new job, whether it’s in the C suite or in the trenches. “I’m still trying to find my way around the facility in York, and getting my computer and phone set up,” said Caprio. “But after one day at work, I can tell you that Engel had a very respectable year in the United States and Canada, and the expectation is that 2020 will be [even] better for Engel, as well as the general market, and this includes all sectors—automotive, packaging, medical and technical molding,” said Caprio.
When asked about his first priority as president of Engel North America, Caprio responded that his focus will be on navigating internal operations and making “sure we are extremely close to the market, supporting customers in the best way possible as well as helping new customers understand what advantages we bring to the market.”
Caprio also expressed appreciation for the guidance of CEO Mark Sankovitch, who has announced plans to retire at the end of 2021. “We are working very much together to make the transition as smooth as possible for the customers as well as the employees," said Caprio, who characterized the arrangement as “very unusual and positive.”