People On The Move ... Reed Manufacturing
Reed Manufacturing: At the end of August 2003, Ralph Wright retired as CEO of Reed Manufacturing. During his 38-year tenure at Reed, Wright was instrumental in reorganizing the company to make it a leader in modern factory technologies. He remains the company's chairman. A luncheon reception in his honor was held August 29 at the factory in Erie, Pa. Simultaneously, Mark Wright and Scott Wright were promoted to Co-CEOs by Reed's outside board of directors. Mark and Scott had been serving as president/manufacturing & product development, and president/sales & finance, respectively, since August 2002. Both have been working at Reed in several roles for almost 20 years. Reed Manufacturing Co. has been producing tools for worldwide professional trades since its founding in 1896.