JAX INC. Promotes new President and CEO – Kyle C. Peter
JAX INC. and Pressure-Lube Inc. announced Kyle C. Peter has been promoted to President and CEO effective April 1, 2019. Current President and principal owner Eric J. Peter plans to step down from his present executive position at the close of the current fiscal year and transition to product research and senior advisory roles.
“The product innovations and revenue growth facilitated by our employees, suppliers and customers over the last forty years have been remarkable and something we do not take for granted,” noted Eric Peter. “We have transformed JAX into one of the most recognized quality brands in the industrial and specialty lubricants segment, particularly in our strong vertical markets of specialized synthetic lubricants and FDA compliant lubricants for food and beverage processors.”
Kyle C. Peter has been JAX Director of International Sales for the past seven years, two of those based in Zurich, Switzerland. Upon receiving his BS in Material Science Engineering from Northwestern University, Kyle was employed at Bayer Material Science for four years, last managing the southeast U.S. territory for polycarbonate products division to OEM customers.
For more than 60 years, JAX INC. has consistently raised the bar for performance and innovation in the synthetic, industrial and food grade lubricant industries. With more than two dozen industry firsts in application chemistry for OEM designed machinery, JAX has been responsible for creating new categories of proprietary and patented lubricants in several industry segments. Focusing on customers and their machinery, JAX is leading through new products and better ways of applying them, enabling users to greatly extend machinery and lubricant life. As the JAX RPM (Research & Predictive Maintenance) Laboratory continues to expand instrumentation and research capabilities with the vision to accelerate product development programs and continue bringing improved offerings to market.
“Transitioning out of day-to-day operations will give me the opportunity to focus on long-term strategic opportunities and new product development,” continued Peter. “I could not be more confident in Kyle and his team and I am excited about what lies ahead for the entire JAX family including employees, suppliers and our customers around the world. We have a great love for this industry and for creating advances which protect machinery and increase their reliability now and into the future”
JAX INC. is a recognized global leader in high technology lubricants for industry with a particular development expertise in specialty industrial lubricants and lubricants for food and beverage processors. The first branded lubricant approved for use in USDA inspected processing facilities in 1962 was JAX Magna-Plate 8 which helped usher in a new era of food safety. Founded in 1955, the company has researched and developed scores of specialty lubricants for diverse OEM machinery applications worldwide. Pressure-Lube Inc., under the same ownership structure, develops and packages lubricants in aerosol and other small packaging for the JAX brand and private labels. The company operates three locations in Menomonee Falls, Wisconsin, Sacramento, California and Nashville, Tennessee.