Business News

MERGED COMPANIES DISPOZ-O AND WILKINSON INDUSTRIES ANNOUNCE A NEW LEADER

Wednesday 08. July 2009 - "Joe comes to us with substantial leadership capabilities and remarkable business expertise, playing a major role in the successful growth of Dispoz-o over the last 6 years," said Wayne Kocourek, chairman and chief executive officer (CEO) of Mid Oaks Investments. Lancia will be responsible for operating and integrating the two successful businesses.

Prior to joining Dispoz-o, Lancia served as president of Strategic Investments, an international investment banking and financial services firm. Shortly after joining the Dispoz-o team, Lancia hired a range of additional executives. Rather than hiring from within the industry, Lancia hired experts at each level from blue-chip manufacturing backgrounds to bring diversity to Dispoz-o. This successful strategy resulted in significant improvements throughout the Company including expanded margins and productivity improvements.

In April 2009 the Mid Oaks investment firm acquired Dispoz-o Products and merged it with food packaging manufacturer, Wilkinson Industries of Fort Calhoun, NE who has been owned by Mid Oaks since 2004.

Both companies, Dispoz-o and Wilkinson, have long histories of providing innovative, eco-friendly products and have earned reputations of serving their customers well.

“Our ultimate goal for the combined company is to create value for our customers while providing a broader product selection that is driven by innovation and sustainability, and to create ease of ordering from just one manufacturer,” said Lancia.