Crane Co., a diversified manufacturer of highly engineered industrial products,announced that Eric C. Fast, chief executive officer, will retire from Crane Co. in January 2014. Fast joined Crane in 1999 as president and chief operating officer and was promoted to chief executive officer in January 2001. He will be succeeded by Max H. Mitchell, currently president and chief operating officer.
Laser Services Inc. announces the promotion of three of its employees as a direct result of receiving a Workforce Training Grant in 2012. They were awarded the training grant last April to train employees in Lean Manufacturing and other advanced manufacturing techniques. As a result of this training, Laser Services has significantly improved a number of processes including scheduling, planning, tooling, and production.