Addex names Cree president

Oct. 24, 2016

As part of a recent consolidation, Addex Inc., Newark, N.J., has named Robert Cree  as president, succeeding Rick von Kraus, who is now chairman of the board. Cree previously served as executive VP. He will oversee Addex at the business tries to streamline, with a focus on cooling technology, auto profiles and internal bubble cooling control systems.

Von Kraus, while stepping away from his daily responsibilities, will still serve in an advisory and consulting role for Addex, a supplier of auto-profile and related systems for blown film lines. The company formerly supplied complete blown-film lines but recently closed its Stoughton, Mass. facility.

It will continue to service dies, oscillating haul-offs and other products by special customer request.