Swanson Industries Names David Brightbill Chief Executive Officer

Swanson Industries announced today that David Brightbill has been appointed Chief Executive Officer. Brightbill is an accomplished business leader who has been engaged in the global mining and metals industry through his entire 35-year career.

Brightbill spent more than 20 years at Nalco, where he most recently led the global mining operations to a consistent record of improved operating results through acquisitions and organic growth. Under his leadership, Nalco’s mining operations further penetrated the global markets with expansion in Latin America, Africa, and Asia-Pacific.

"We are excited to have David spearhead the next chapter at Swanson," stated Abel S. Osorio, Chairman of the Board of Swanson Industries, and a Partner at Turnspire Capital Partners, which owns the Company. "He brings a wealth of experience in the global mining industry with strong relationships and deep knowledge of operations. David has an impressive track record of driving operational improvement and growth, and we look forward to him executing Swanson’s strategic vision."

"I am excited to have the opportunity to lead Swanson, which has a history of industry leadership and quality," said Brightbill. "I look forward to working with the team to capitalize on Swanson’s many opportunities to share its valuable capabilities with its customers and penetrate new markets."

Prior to his time at Nalco, Brightbill worked as an engineer for IBM and numerous major mining companies in positions of increasing responsibility.

About Swanson Industries

Founded in 1964 and headquartered in Morgantown, West Virginia, Swanson Industries is a market-leading provider of manufacturing, remanufacturing, repair, maintenance, services, and distribution of mission-critical mining equipment, hydraulic cylinders, and related industrial equipment across the U.S. Swanson operates with 16 facilities and has a reputation for delivering the highest-quality products and unparalleled technical expertise, enhancing the long-term safety and efficiency of its customers’ operations. Swanson owns a controlling stake in Tiefenbach North America, a provider of highly engineered hydraulic controls and hose assemblies tailored for mining, energy, and industrial applications. Swanson employs 300+ individuals. For additional information, please visit www.swansonindustries.com/us/.

About Turnspire Capital Partners

Turnspire Capital Partners invests in high-quality businesses that have reached strategic, financial, or operational inflection points and stand to benefit from our hands-on, operationally focused approach. Turnspire’s investment philosophy is predicated on creating value through operational improvements rather than through financial leverage. Turnspire strives to make each of its companies best-in-class in their respective industry niche, and then to grow the businesses through organic initiatives or strategic acquisitions. For additional information, please visit www.turnspirecap.com.

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