Chairman of TMB Industries to Speak on Panel at Turnaround Management Association Convention; Panel to Discuss Strategies for Successfully Acquiring Underperforming Automotive Suppliers.CHICAGO -- TMB TMB Tetramethylbenzidine TMB Technical Management Board TMB Twisted Metal: Black (video game) TMB Third Millennium Bible TMB Touch My Body (song) TMB Text Me Back TMB Too Many Birthdays Industries, headquartered in Chicago, announced that Mr. Thomas Begel has been invited to participate in a panel of industry leaders during The Turnaround Turnaround A situation where a company that has had poor performance for an extended period of time experiences a positive reversal. Notes: A speculator may profit from a turnaround if he or she accurately anticipates the improvement of a poorly performing company. Management Association's convention to be held October 11 - 14, 2006 at the Marriott Grande Lakes in Orlando, FL. The panel discussion will center on strategies for successfully acquiring underperforming and distressed automotive suppliers. Mr. Begel said, "I am honored to join a panel of such notable leaders. Given the current state of the automotive industry The automotive industry is the industry involved in the design, development, manufacture, marketing, and sale of motor vehicles. In 2006, more than 69 million motor vehicles, including cars and commercial vehicles were produced worldwide. , this is an opportune op·por·tune adj. 1. Suited or right for a particular purpose: an opportune place to make camp. 2. Occurring at a fitting or advantageous time: an opportune arrival. time to discuss the opportunity to invest in underperforming and distressed suppliers. TMB Industries has successfully invested in underperforming automotive suppliers over the past 17 years and I look forward to sharing TMB's strategic approach to these acquisitions." About TMB Industries TMB Industries is a Chicago-based private equity firm focused on creating value through investing in industrial businesses and providing management and operational resources. TMB has acquired 39 businesses since 1989 and generally acquires industrial businesses with sales between $30 million and $500 million. For additional information, visit www.tmbindustries.com. About The Turnaround Management Association The Turnaround Management Association is an international association dedicated to the field of corporate renewal and turnaround management. With international headquarters in Chicago, TMA TMA Turnaround Management Association TMA Texas Medical Association TMA Transportation Management Association TMA Training and Management Assistance (a component of OHRD, which is a component of OWR) TMA Tooling & Manufacturing Association has 7,100 members in 36 regional chapters who constitute a professional community of turnaround practitioners, attorneys, accountants, investors, lenders, venture capitalists Venture Capitalist An investor who provides capital to either start-up ventures or support small companies who wish to expand but do not have access to public funding. Notes: Venture capitalists usually expect higher returns for the additional risks taken. , appraisers, liquidators, executive recruiters and consultants. For additional information, visit www.turnaround.org. |
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