FOR IMMEDIATE RELEASE
Contact: Bob Wolff
The Drucker Group
Thrasher increases share of German parent Lavatec Laundry Technology GmbH
Beacon Falls, CT – June 20, 2013 – Lavatec Laundry Technology, Inc. (LLT) announced today that President Mark Thrasher has significantly expanded his ownership to 49 percent of parent Lavatec Laundry Technology GmbH, headquartered in Heilbronn, Germany. The news was announced in Lavatec’s booth (3221) at the Clean Show, being held now through June 22 at the Morial Convention Center in New Orleans.
Thrasher’s move strengthens his partnership with CEO and Managing Partner Wolf-Peter Graeser, broadens his involvement as co-manager in global operations, and reflects both parties’ confidence and commitment to further asserting LLT leadership in the industrial and commercial laundry marketplace. LLT now has offices in Germany, America, France, Thailand and Great Britain, with further additions planned.
Since becoming President of U.S. and North American operations in July 2010, Thrasher, a 20-year professional with the company, has been a driving force behind stepped-up product development and line expansion efforts. He has helped reinvigorate the LLT distributor network and fortified the company’s customer service and aftermarket capabilities. Reflecting LLT’s focus on daily customer system-wide laundry needs, he headed up an extensive customer learning initiative to more closely connect LLT with user issues and to place the firm in the forefront as a provider of practical, profitable solutions.
“We already have made major strides in elevating awareness of the LLT brand, its decades of innovation in laundering technology, and continued industry leadership,” says Thrasher. “New equipment now being introduced, for example, strengthens our presence in laundry finishing, with the industry’s first Quadruple Sort small piece folding machine along with other products.”
Restructuring of this partnership between Wolf-Peter Graeser and Mark Thrasher solidifies the developing global activities of the LLT organization, and will provide enhanced collaboration between the manufacturing operation in Heilbronn, Germany and LLT, Inc., in Beacon Falls, Connecticut.
About Lavatec Laundry Technology, Inc.
Delivering dependable commercial laundry equipment engineered for higher returns throughout their lifecycles has been the Lavatec Laundry Technology (LLT) mantra for nearly three decades. Some Lavatec-manufactured equipment has been on the job for more than a Quarter Century. A rarity among manufacturers of continuous tunnel washers, Lavatec LT offers center transfer, bottom transfer and double-drum construction options, plus a full range of readily integrated, end-to-end laundry system components: washer extractors, extraction presses, centrifuges, dryers, conveyor systems, pickers, feeders, ironers and folders. Simple design, durable construction, user-friendly operation and low maintenance are hallmarks of Lavatec LT machines. A global leader with equipment in laundry operations throughout Europe, the Far East, South and North America, in the United States alone, over 6,000 Lavatec Laundry Technology machines are in place. For additional information, visit www.LLTusa.com.