Magnetics Business & Technology - July/August 2019 - 25

INDUSTRY NEWS

Tempel Steel Names Cliff Nastas CEO and President, Continues Global Expansions
Tempel Steel Company has announced that Cliff Nastas, an experienced manufacturing industry executive, has joined the company as chief executive officer and president. Nastas replaces Gary
Wagner, who served in multiple leadership roles at Tempel, including CEO, chief operating officer and president, over the past 30
years.
Based in Chicago, Tempel is one of the world's leading manufacturers of precision motor and transformer laminations.
"We'd like to thank Gary Wagner for his significant contributions
to the company over the past 30 years," said Tempel Chairman
Christopher Stephan. "Notably, he oversaw an expansion of Tempel's manufacturing capabilities in China, including the opening of
an automotive focused-factory in Changzhou. Tempel is in a strong
position today, and we're confident Cliff will build on our foundation. Throughout his career, Cliff has demonstrated a unique ability to lead engineering and technological innovation and generate
growth in revenues and profits. We look forward to having him lead
us through our next stage of growth."
Nastas has more than 30 years of global experience in the manufacturing industry, including nearly 15 years as a chief executive
officer of public and private companies that are highly respected for
their inventive cultures and commitment to customer partnership.
Prior to joining Tempel, Nastas served as CEO of Radiac Abrasives, the Dan T. Moore Company and Material Sciences Corporation.

history of precision manufacturing innovation," Nastas said. "With its remarkable engineering and metallurgy expertise in motor and
transformer lamination design, Tempel is wellequipped to drive significant performance gains
for automakers, electric utilities and a diverse
set of companies that manufacture electric motors and transformers around the globe."
Cliff Nastas
The leadership change comes at a time when
Tempel is expanding its presence in multiple
markets and industries. Driven by its research and development
hub in Chicago, Tempel is developing new solutions for the electric vehicles market. Already a leading producer of motor cores in
China, Tempel will open an automotive focused-factory in Mexico
in 2019. Tempel's Mexico- and United States-based plants will lead
the design and manufacturing of motor cores for hybrid and electric
vehicles in the North American and European markets, the company said.
Tempel also has increased its investment in its Canada operation,
which develops transformers for the electric utility industry. And the
company continues to grow in the India market, where it has also
become a significant producer of magnetic steel laminations.
Nastas earned a bachelor's degree in chemical engineering from
Wayne State University and an MBA from Case Western Reserve
University. He works in Tempel's Chicago headquarters.

"I am excited to join Tempel and build on the company's strong

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