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Magruder Color Completes Refinance



Published October 25, 2005
Energized by infusions of capital from new financial sources, Magruder Color Company is reorganizing its business to respond to the needs of its customers.
    
To that end, Abdul Saleh, the company’s president, will devote full time to strategic planning as director of international business.
    
Evan Weissglass will become president of operations, overseeing manufacturing, sales and technical affairs. He will be aided by Frank Giasemedis, who will take on the role of vice president of sales and marketing, including technical sales and product development.
    
Joel Weissglass will become president of administration, supervising legal, financial and development projects.
    
Magruder Color is now structured to provide maximum customer responsiveness while also well positioned to meet both the challenges and opportunities provided by the increasingly global marketplace, and sincerely thanks its valued customers and suppliers who have stood by and supported the company during the past year.


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