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BREAKING NEWS
Dateline: July 17, 2008

Quipp prez Kady replaced by ITW exec


Quipp Systems Inc. President and Chief Executive Officer Michael Kady left the firm this week and has been replaced by Illinois Tool Works executive Mark Mothena.

A spokesman for ITW, which purchased Quipp earlier this year, said Mothena will be named general manager of Miami-based Quipp and that no further changes are anticipated.

The spokesman said Mothena worked with ITW’s industrial packaging group, a unit that includes Quipp. Kady joined Quipp in 2002 after serving as president of GMP Metal Products. He also served as president and CEO of Shuttleworth Inc. from 1996 to 1999.