WHAM Developer Appoints New CEO

As of October 2018, Chip Storie is the chief executive officer of Ingersoll Machine Tools Inc. Storie is assisted initially by previous CEO Tino Oldani. Ingersoll Machine Tools is part of the Camozzi Group, based in Brescia, Italy, and is the developer of the Wide and High Additive Manufacturing (WHAM) system for large components.

“I am very honored to have been given the opportunity to drive Ingersoll forward, with the huge advantage of being part of such a large Group as Camozzi,” Storie says. “Ingersoll has a proud history of delivering continuous improvement on machinery and processes. I look forward to helping customers around the world meet the challenges for ever more efficient production, higher quality and greater competitive advantage.

“We are very proud of what Ingersoll has achieved and we want to grow our presence in the U.S. market by continuing to invest in the machine tool sector,” says Lodovico  CAmozzi, president and CEO of the Camozzi Group. “The positive synergy established with Ingersoll has enabled the Camozzi Machine Tools Division to reinforce its position as a leader in this sector.”

Ingersoll and Brescia-based Innse Berardi together form the Camozzi Group Machine Tools division, providing medium and large machine tools and composite fiber layup systems in addition to the WHAM technology. Despite offers to acquire Ingersoll Machine Tools over the past year, Camozzi also recently announced that the machine tool builder will be retained by the Group as a key component in its overall portfolio.