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Thomas J. Chaump
FCF Schmidt Public Relations



Carl Rapp to lead the internationally recognized power transmission equipment manufacturer


November 29, 2001 (Norristown, PA) - Philadelphia Gear Corporation, a leading international manufacturer of gears and related power transmission equipment, today announced the hiring of Carl D. Rapp, 41, as President and CEO. Rapp, who will work from Philadelphia Gear's corporate headquarters in Norristown, PA, is charged with leading the company's efforts to align with its end users and develop new product offerings.


Rapp succeeds Gerry Rooney, who held the position of president and CEO from May 1998 through September 2001. Rooney stepped down earlier this year, after fulfilling his charter to reorganize the 110-year old company (ultimately leading to the close of the company's King of Prussia manufacturing facility) and position Philadelphia Gear to aggressively enter the power transmission aftermarket. Rooney played an instrumental role in developing a new strategic direction for Philadelphia Gear, a direction Rapp is eager to implement.

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"Philadelphia Gear already has a global reputation for providing world-class engineering solutions to its customers," says Rapp. "The challenge of marrying those skills to a more service-based business model that capitalizes on more than a century of expertise is very compelling - both to us, and to our customers."


Principal among Rapp's priorities is the optimization of the inspect and repair regional service and manufacturing centers, strategically located across the country. Just last month the company opened a Southeast regional service center outside of Birmingham, Alabama.


"The closure of the King of Prussia manufacturing plant last year was painful," comments Rapp, "But the idea that closing that facility signaled the end of Philadelphia Gear could not be farther from the truth." Rapp continues, "In fact, the reallocation of resources to other Philadelphia Gear regional facilities has allowed us to strengthen our national customer support, helping ensure our future growth and profitability."


Prior to joining Philadelphia Gear, Rapp held several key senior-level positions in sales and general management, most recently as Senior Vice President of Sales and Marketing for Philadelphia-based Strategic Distribution, Inc. He has also served as President of Carborundum Abrasives, North America (a division of Norton Company) from 1994 through 1998, and as a business unit manager for Norton's Precision group from 1992 to 1994. Prior to that appointment, Rapp spent six years working in various management positions in Norton's European division.


Rapp earned undergraduate degrees in Economics and History in 1982 from Trinity College in Hartford, Connecticut, and in 1991 completed his M.A. in International Relations at Boston University. Originally from Worcester, MA, Rapp currently lives with his family in the Philadelphia area.


Philadelphia Gear Corporation traces its origins back to the birth of the modern American gear industry. Over the past 110 years, the internationally recognized company has built a reputation for expertise in power transmission engineering and manufacturing. Today, Philadelphia Gear continues to provide innovative solutions for power transmission requirements, as well as delivering world-class inspect and repair services.


A founding member of the American Gear Manufacturers Association (AGMA), Philadelphia Gear products can be found in use across the globe; from enclosed gear drives used in the oil fields of Saudi Arabia, to speed reduction units helping power the cable cars of San Francisco. The company serves thousands of customers across the globe from its regional service and manufacturing facilities in New Castle, DE; Birmingham, AL; Chicago, IL; Houston, TX; and Los Angeles, CA. Philadelphia Gear is headquartered in Norristown, PA.


For more information on Philadelphia Gear Corporation, call 1-800-766-5120, or fax 610-337-5637.




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