Okuma America Corporation Appoints Senior VP of Corporate Strategy

In alignment with the company's strategic growth initiatives to support projected expansion in the manufacturing industry, the management team at Okuma America Corporation has expanded its executive leadership group to include the new role of Senior Vice President of Corporate Strategy. Dominick Patriarca has been appointed to the new role.

In support of forecasted industry growth, a driver for Okuma's growth targets for 2030, company leaders are making investments in strategic personnel, technologies and services designed to support growth trajectories and evolving industry needs. In addition to the new leadership role, the company has recently invested in a new automation technology business unit, as well as a new global repair facility for machine tool components. Both of these new entities are located at Okuma America Corporation's headquarters in Charlotte, NC.

Jim King, President, CEO and COO of Okuma America Corporation, shared his perspectives on these initiatives, stating, "We are excited to have Mr. Patriarca join the Okuma team during this pivotal time of growth. Dominick's vast experience in international business, operations, engineering, manufacturing and beyond will prove very valuable to Okuma as we pursue strong business growth targets in the Americas region and support growth within our industry. Welcome to the team, Dominick. We look forward to your contributions."

Prior to joining Okuma, Patriarca held strategic management positions at Gleason Corporation and Lincoln Electric. In addition to his extensive experience in industrial manufacturing, Patriarca holds a Bachelor of Science Degree in chemical engineering.

For more information contact:

Okuma America Corporation

11900 Westhall Drive

Charlotte, NC 28278

704-588-7000

www.okuma.com