Metal Exchange Corporation appoints “Chuck Stout” as New President of Pennex Extruded Products Division

Pennex Aluminium Company has made public the appointment of Chuck Stout as New President of Pennex Extruded Products Division. Chuck has been promoted to President from General Manager in the organisation. In his new role, Stout will be responsible for the overall strategic, financial, commercial, and operational functions for the extruded products businesses in Wellsville and York, Pennsylvania and Leetonia, Ohio.

Chuck Stout, a veteran of the US Navy, joined Pennex in 2016 as General Manager of the Leetonia, Ohio location. He has an impressive background in the manufacturing industry including roles as Plant Manager and Vice President of operations. His office will remain in Leetonia.

According to Stout, “It is an honour to take the reins of a very successful extrusion business and lead a highly engaged team of people that are extremely committed to serving our customers. They are incredibly proud of their past recognition as tops in the industry in total customer satisfaction and energetically carry on that legacy.”

Rick Merluzzi, CEO, Metal Exchange Corporation, said: “Chuck adeptly navigated our Ohio location through the $25 million expansion of our advance manufacturing fabrication facility. He personifies our core values of safety, integrity, respect and drives and embraces our ‘dual bottom line’ leadership style which prioritizes the safety and well-being of employees equal to financial success.”