Press Release

Signals Commitment to Competitive Pricing and Technological Advancements in Automotive, Aerospace and Defense Industries.

Follows an April announcement of the greenfield construction of a 4 million square foot, $1.3 billion aluminum rolling mill in South Shore, Greenup County, Kentucky.

The Braidy Industries board combines excellence in manufacturing, materials science, and competitive strategy.

July 17, 2017 10:44 AM Eastern Daylight Time

ASHLAND, Ky.–(BUSINESS WIRE)–The Chairman and Chief Executive Officer of Braidy Industries, Craig T. Bouchard, today announced the full slate of the company’s Board of Directors.

“Braidy Industries has had the great fortune to attract leadership, experience and accomplishment to our Board of Directors. Our directors will provide invaluable insight to create the low cost producer of high quality aluminum and advanced materials for the transportation and defense industries in America,” said Bouchard. “We are not just building a company; but the foundation of enterprise that will place Eastern Kentucky at the forefront of advanced manufacturing. This is the team we needed to ensure that result.”

On the Braidy Industries Board:

Dr. Michael E. Porter is a world-renowned economist, and is the most cited scholar today in economics and business. He leads Harvard University’s Institute for Strategy & Competitiveness and is a long-serving professor at the Harvard Business School. Dr. Porter is the recipient of numerous awards and honors for his contributions to global economic theory, including the Lifetime Achievement Award from the U.S. Department of Commerce for his contributions to economic development and is the author of nineteen books, including the business classic Competitive Advantage. He has served on several Fortune 500 public boards and has played an active role in U.S. economic policy at the federal and state levels.

Ret. General Norton “Norty” Schwartz served as the 19th Chief of Staff of the United States Air Force, serving as a member of the Joint Chiefs of Staff, leading Air, Space and Cyber for the Department of Defense. As Commander of the United States Transportation Command, General Schwartz led the Defense Transportation System, with strategic oversight of all logistics operations including Operations Enduring Freedom and Iraqi Freedom. General Schwartz is currently the President and CEO of Business Executives for National Security (BENS) and serves as an independent director for CAE, USA and Wesco Aircraft Holdings.

Dr. Christopher Schuh is the head of the Department of Materials Science and Engineering at MIT. Dr. Schuh’s research is focused on the optimization of mechanical properties in metals, forming the basis of numerous metallurgical companies, including Xtalic Corporation, which produces coatings on over 10 billion components used in both enterprise and mobile electronics. Dr. Schuh is also involved in Desktop Metal, which provides a lower-cost option for metal additive manufacturing via its proprietary 3D metal printers.

Charles Price is an entrepreneur, industrialist, and President and CEO of Louisville, Kentucky based Charah. Charles has over 35 years of experience in the construction and industrial industries within the State of Kentucky and beyond. Mr. Price also serves as the Chairman of the Board of Directors of the American Coal Ash Association.

John Preston is the former Director of Technology Development (and Licensing) at MIT where he was responsible for the commercialization of MIT-developed technologies. Of the companies started during his tenure, those that went public have reached an estimated $150 billion cumulative market capitalization. Mr. Preston was awarded the rank of “Knight of the Order of National Merit of France” by French President Mitterrand and the “Hammer Award for Reinventing Government” by Vice President Gore. He chaired President George H. W. Bush’s conference announcing the President’s technology initiative and has previously served as a Board Advisor to Mars Incorporated.

Craig Bouchard, Chairman and Chief Executive Officer is a strategist and industrialist who built three billion-dollar revenue companies within the past decade. Bouchard is a noted expert on Lean/Six-Sigma, and capital allocation, and is a New York Times bestselling author of “The Caterpillar Way.”

For Braidy Industries, Inc.:
Jaunique Sealey, 606-575-3121
Robert Cavosi, 646-638-9891