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BTM announces new ownership

BTM Co. LLC, Marysville, Mich., a provider of production equipment systems for sheet metal clinching and precision piercing, has announced the new owners are Bruce Smith and Thomas Kemeny.

Smith has a bachelor’s degree in mechanical engineering from Carnegie Mellon University and an MBA from Harvard University. He has 25 years of experience, having most recently served as president and CEO of Elyria & Hodge Foundries.

Kemeny has a bachelor’s degree in mechanical engineering from Worchester Polytechnic Institute and an MBA from Harvard University. He previously held key roles in finance and strategy at Ford Motor Co., Jaguar Land Rover, and Think Holdings.