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LORD Corporation Hosts North Carolina Military Foundation Board Meeting


Technology and Manufacturing Company Welcomes N.C. Military Foundation Board Members and U.S. Rep. David Price to Its Headquarters

Cary, NC, June 05, 2013 --(PR.com)-- LORD Corporation (http://www.lord.com/) has announced that the company hosted the North Carolina Military Foundation’s board meeting on June 3 at its headquarters in Cary. The event featured presentations from several keynote speakers, including U.S. Rep. David Price, Commander of the Marine Corps Forces Special Operations Command (MARSOC) Maj. Gen. Mark Clark, and The Adjutant General of the North Carolina National Guard Maj. Gen. Greg Lusk.

Discussions at the event focused on the use of data analytics to address challenges faced by the Department of Defense and Department of Homeland Security (DHS) in cyber security and predictive analysis for intelligence. Speakers advised the board on the important role it plays in catalyzing solutions to these challenges from N.C.-based companies and research organizations, particularly in combating terrorism.

Congressman Price led the presentations and focused on DHS’s priorities and opportunities for local organizations to support the need for continued innovative public-private collaboration as a results-oriented approach to economic development. Maj. Gen. Clark offered a brief overview of MARSOC and needs related to cyber security and advanced analytics. Maj. Gen. Lusk provided an overview of the North Carolina National Guard cyber security initiative.

Other speakers and topics included:

- Anthony Pompliano, founder of DigaForce and a military veteran turned entrepreneur, discussed “big data” exploitation and the application of advanced analytics. Additionally, Pompliano provided a demonstration on using advanced analytics for incident monitoring, fact-finding and prevention.

- Kevin Jacques of the Battleship North Carolina Generations Campaign reviewed the importance of preserving the USS North Carolina and its urgent need for hull repair.

In addition to the presentations, Ralph Willard, co-founder of Bain Consulting and Bain Capital, was appointed vice chairman of the board. Willard is a veteran business owner, having served as co-owner, chairman and CEO of Hinckley Yachts from 1997 to 2010 and as co-founder and vice chairman of Bain and Company from 1973 to 1993. Willard received his Bachelor of Arts in European history from Stanford University in 1965 and his MBA from Harvard University in 1971.

Jack De Leon, LORD chief operating officer, serves on the N.C. Military Foundation’s board of directors. Prior to his business career, De Leon served in the U.S. Army as a commissioned Air Defense Artillery officer, serving in Germany and the United States as a platoon leader, battery executive and battalion assistant operations officer.

Board members attending the event received an exclusive tour of LORD Corporation’s R&D facilities, which support the development of flight-critical active vibration and balancing technologies for military rotary and fixed wing aircraft. For example, the company’s In-Flight Propeller Balancing System (IPBS) will increase operational performance and reduce maintenance costs for C-130 H aircraft by eliminating the need for manual balancing of the propellers. IPBS balances the propellers in real-time during flight, eliminating the vibration and structural degradation caused by imbalance.

Established in 2006, the N.C. Military Foundation is led by some of the nation’s most distinguished military retirees and the state’s preeminent corporate citizens. The expertise and acumen of its board of directors enables the foundation to forge meaningful relationships with key decision makers for the benefit of the state.

Quotes:
“The N.C. Military Foundation is making great headway growing North Carolina’s aerospace and defense industry, and we are pleased to be a member of the organization,” said De Leon. "LORD is the perfect location for today’s meeting, as we work closely with the military to manufacture some of its products. We were honored to have Congressman David Price in attendance and welcome Ralph Willard as our new vice chairman.”

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About LORD Corporation:
LORD Corporation is a diversified technology and manufacturing company developing highly reliable adhesives, coatings, motion management devices, and sensing technologies that significantly reduce risk and improve product performance. For nearly 90 years, LORD has worked in collaboration with our customers to provide innovative aerospace, defense, automotive and industrial solutions. With world headquarters in Cary, N.C. and 2012 revenues in excess of $860 million, LORD has more than 2,900 employees in 25 countries and operates 15 manufacturing facilities and nine R&D centers worldwide. LORD actively promotes STEM education and many other community engagement initiatives where we work and live. For more information, visit http://www.lord.com.

Jordan Smith
MMI Public Relations
(919) 233-6600
jordan@mmipublicrelations.com
http://www.mmipublicrelations.com
http://www.twitter.com/MMIPR
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Lord Corporation
Robert Buhler
919-233-6600
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