Glenn Spungen Joins PEER Chain Company As President

Spungen will manage all facets of operations and oversee the expansion of the third-generation family business. His vision is to enhance customer service, build upon existing distributor relationships and grow the original equipment manufacturer business.

Spungen to Oversee Operations, Drive Comprehensive Corporate Strategy

WAUKEGAN, IL – August 27, 2012 – PEER Chain Company, a leading industrial chains and attachments provider, today announced that Glenn Spungen will join the company as President effective October 1, 2012.

Spungen will manage all facets of operations and oversee the expansion of the third-generation family business. His vision is to enhance customer service, build upon existing distributor relationships and grow the original equipment manufacturer business.

Spungen adds a wealth of sales management and operational experience to the team, having held key leadership roles at PEER Bearing for 27 years. As Vice President of Sales and Operations, Spungen spearheaded sales in the United States and China, travelled extensively overseas to preside over the company’s manufacturing plants, and oversaw the operations in the United States.  When the Spungen’s sold the company in 2008 to SKF in Sweden, there were over 1400 employees.

“I’m incredibly excited to work with the PEER Chain team and build on our commitment to delivering the best customer experience in the industry,” said Spungen. “We’ve identified major opportunities worldwide where we can develop new business and make a significant impact in the industry. I’m also eager to work with my family, colleagues and partners to ensure that the PEER Chain brand is the most trusted and respected in the industry.”

PEER Chain provides a variety of products for a broad range of applications, including heavy drive chains for farm equipment and oil rigs and micro-chip processing conveyors for large-scale civil engineering projects. The company has provided ANSI and ISO compliant chains for the agricultural machinery, food, citrus, lumber, sugar, construction equipment and sewage treatment industries for more than 40 years. Find out more at www.peerchain.com.

Spungen holds a Bachelor of Arts degree in management and organizations from the Kelly School of Business at Indiana University in Bloomington. He is also completed the leadership development program at the Center for Creative Leadership located in North Carolina.

About PEER Chain

Founded in 1971, PEER Chain is a leading provider of ANSI & ISO compliant chains and attachments in various shapes and sizes, such as standard and double-pitch roller; nickel plated, nickel and zinc plated, and stainless steel roller chains; roller chains with attachments; leaf chains; specialty chains such as poultry, self-lubricating, side-bow and non-standard chains and hollow pin chains; agricultural chains and attachments; table top chains; engineering chains and attachments; welded steel chains; wide series drag chains; lumber chains and attachments; and rooftop transfer chains. The foundation of the company is based upon the idea that the path to success is combining unmatched quality with unrivaled service at a competitive price. For more information, see http://www.peerchain.com.

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