Pangborn Group Names President/CEO

December 3, 2010

The Pangborn Group, Fairburn, Ga., has appointed Henrik Jensen as its new president and chief executive officer.

Jensen joins the company from Sauer-Danfoss, a manufacturer of hydraulic and electronic components for off-road vehicles, where he served progressively as managing director, executive vice president, and president of the firm’s work function division.

“Henrik has a successful track record leading high-performance global management teams, and his background in the industries the Pangborn Group serves will be a huge benefit as we broaden our products and services offerings across the globe,” said Andrew M. Bursky, chairman of Pangborn’s parent company Capital Equipment Resources.  “Henrik’s contagious enthusiasm, deep integrity, and proven effectiveness are invaluable assets as he takes the helm of our strong management team. We look forward to working with Henrik over the coming months and years.”

The Pangborn Group designs, manufactures, and services shotblast and surface preparation machines and related products for a range of industries, including foundry and forge, metalworking and descaling, automotive and heavy truck, ship and rail, defense, and energy.

For more information, visit www.pangborngroup.com.