Lord revamps corporate structure

CARY, N.C. (Aug. 28)—Rubber-to-metal bonding group Lord Corp. has reorganized its corporate structure, eliminating its previous division-based grouping and merging its business units under common leadership. "The restructuring aligns our efforts across Lord Corp. to better serve our customers with market-driven, innovative solutions while improving our organizational processes and productivity," President and CEO Richard McNeel said. Privately held Lord is a major supplier of rubber-to-metal bonded parts, as well as of adhesives and coatings, including systems for rubber-to-metal coating and bonding. Its systems to manage mechanical motion and control noise include rubber-to-metal anti-vibration parts, bearings and mountings, and more recently systems using magnetically responsive technology, under the Rhonetic name. Previously Lord organized these operations into three divisions—chemical products, mechanical products and materials.