Coldwater Machine Co. appoints president

Tim McCaughey, president.

Coldwater Machine Co., Coldwater, Ohio, has appointed Tim McCaughey as president. He replaces Jerry Meyer, who served the company as president for 31 years. Meyer remains on the board of directors and as a co-owner of the company with North River Capital, a private investment company based in Fort Wayne, Ind.

Before joining the company, McCaughey was with The Schuler Group for 32 years. His last position at Schuler was as president and CEO of Schuler Inc., Canton, Mich. He has a bachelor’s degree from Albion College, where he double-majored in economics/management and speech communications. He obtained his MBA, focused on competitive strategy and negotiations, from Kellogg School of Management at Northwestern University.

Coldwater Machine Co. manufactures equipment for industrial component manufacturing, primarily serving companies in the automotive, aviation, aerospace, appliance, and energy industries.