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I have bought, operated and sold many companies over the past 30 years. At the center of all those has been the Forging Industry. I have owned 3 forging companies starting with MSP then Stokes Forging UK and finally FormTech. My experiences in the forging industry have been the source of funding for all my other businesses. I have had a lot of fun and met some wonderful people.Specialties: Metal Forming, lean manufacturing and single part tracking
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CeoSignakey Llc Jan 2010 - PresentClawson, Michigan, UsSignaKey provides cost effective, highly encrypted solutions to track-and-trace, e-pedigree and counterfeit issues for a variety of business including biologics, pharmaceuticals, automotive, military, electronic components, Swiss watches & homeland security. SignaKey has offices in Michigan, Arizona, Neuheim, Switzerland and Alton, UK. In the area anti-counterfeiting of electronic components, SignaKey is a member of COG, ERAI, ECIA and the Clawson facility is ISO 9001 certified. -
Partner/OwnerGr Investment Group, Ltd. Jan 1995 - PresentFor more than two decades, GR Investment Group has owned, operated and sold a plethora of businesses. They range from forging, plastic injection molding, computer software, hybrid vehicles, electro-mechanical components, tooling, residential real estate, commercial-industrial real estate, imported car parts, high volume machining . . . to name but a few!!. Most recently GR has taken an ownership position in a company engaged in single part encrypted marking and tracking of components.
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PresidentEcc Corporation Mar 2015 - Jun 2021ECC Corp was the US Member Body to IECQ, which is the Conformity Assessment arm of International Electro-technical Commission (IEC). IEC, ISO and ITU are the premier Global Standards Organizations. IEC focuses on all things Electrical and Electronic. IEC was founded in 1906 and has Headquarters in Geneva, Switzerland. ECC Corp acted as the Secretariat to the USNC IECQ. In April 2016 McDermott was appointed as Interim Chairman of USNC IECQ. In January 2017 he became Chairman.In September 2015 IECQ developed and published the ECC Corp Component Specification: IECQ CS 033000-UK0001. This Quality Assessment System for Electronic Components called e-Labelling, is part of the IECQ Approved Component Scheme.In January 2016 ECC Corp designed and launched a e-Labelling website/database: www.e-Labelling.com -
Ceo And OwnerBytec Inc Mar 2000 - Apr 2016UsBytec was a innovative designer and manufacture of a variety of electro-mechanical components mostly for the automotive industry. The business produced a variety of solenoid actuated devices that include clutches for sliding doors and trucks and interlock switches. In the recent past Bytec manufactured a line of mechanical and pneumatic lumbar supports of car and aircraft seating and laser welded unitized center bearings for passenger car/light truck drive shafts. Bytec had outstanding engineering and information systems well suited to complex light assembly. These systems allowed Bytec to "Punch above its weight" in a very competitive business. In early 2016 Bytec ceased operations after the loss of Key Management personnel to competitors. -
Founder & Vice ChairmanFormtech Industries Llc Mar 2006 - Oct 2009Working on Asian Joint Venture
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ChairmanTransportation Techniques Feb 2000 - Jul 2009Sold all intellectual property to Design Line Ltd
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Co-OwnerPlex 1990 - 2000Troy, Mi, UsWhen I acquired any new business, I immediately engage Plexus to design and build a MIS for that company. Many of those companies acted as Alpha sites and then Beta sites for all new technology that Plexus developed. The other Co-owner in Plexus Rob Beatty and I strategized on a weekly basis how to roll out this new technology. -
Ceo And Co-OwnerMsp Industries Corp Nov 1981 - Apr 1999Organized Leveraged buy-out from WR Grace NY. Intoduced and pioneered Warm Closed Die Flashless Forging. Successfully grew company annual revenue 27X in 18 years. Sold the company to American Axle and Manufacturing
Richard Mcdermott Skills
Richard Mcdermott Education Details
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University Of LeedsMechanical Engineering -
The University Of SalfordMechanical Engineering
Frequently Asked Questions about Richard Mcdermott
What company does Richard Mcdermott work for?
Richard Mcdermott works for Signakey Llc
What is Richard Mcdermott's role at the current company?
Richard Mcdermott's current role is President at Signakey LLC.
What is Richard Mcdermott's email address?
Richard Mcdermott's email address is rm****@****est.com
What is Richard Mcdermott's direct phone number?
Richard Mcdermott's direct phone number is +124861*****
What schools did Richard Mcdermott attend?
Richard Mcdermott attended University Of Leeds, The University Of Salford.
What are some of Richard Mcdermott's interests?
Richard Mcdermott has interest in Vitenskap Og Teknologi.
What skills is Richard Mcdermott known for?
Richard Mcdermott has skills like Manufacturing, Lean Manufacturing, Automotive, Product Development, Continuous Improvement, Machine Tools, Engineering, Leadership, Manufacturing Operations Management, Machining, Cross Functional Team Leadership, Entrepreneurship.
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