CHARLOTTE, N.C., May 19, 2015 /PRNewswire/ — Asia America Corporation & Component Sourcing International, LLC, Global Supply Chain Service Providers, are pleased to announce the appointment of Sri Burugapalli as their new Chief Executive Officer. Mr. Burugapalli brings over 20 years of senior leadership experience in manufacturing and supply chain management. Mr. Burugapalli formerly served as President of The Jewelry Channel and Group Senior Vice President of VGL Group, Inc., a global e-commerce and home shopping e-tailer where he played a key role in developing their global supply chain. Mr. Burugapalli also held various leadership roles at ZF Friedrichshafen, a global technology leader in driveline and chassis technology.
"We recently ran an extensive retained search process and Sri rose to the top of a very qualified candidate pool. He brings on the ground experience developing global supply chains and has a very high manufacturing acumen. He will be a huge asset to our existing and future customers," said Don Charlton, Chairman.
Mr. Burugapalli earned his MBA from the Fuqua School of Business at Duke University, has a Masters in Industrial Technology from Eastern Michigan University, and also completed the Advance Management Program at Harvard University.
About Asia America Corporation
Asia America Corporation, founded in 1982, is a leading OEM manufacturer services firm, with offices in Charlotte, NC; Kent, WA; Guilford, CT; and Beijing, China. Asia America helps its OEM customers lower the cost of global manufacturing. Asia America excels at international manufacturing of high precision parts (gears, bearings, precision castings, etc.) for OEMs at significantly lower costs while maintaining high product quality levels. The Company offers engineering, kitting, quality control testing, sub-assembly, logistics and inventory management services that enable its customers to reduce inventory levels, SKU's and material handling costs and facilitates just-in-time delivery practices. Asia America focuses its efforts on low volume parts for purchasing departments of large industrial and material handling manufacturers and OEMs that typically cannot implement cost-effective low cost country sourcing solutions.
Component Sourcing International, LLC "CSI", a subsidiary of Asia America is a Strategic Sourcing™ company which manufactures custom metal components in a variety of product categories including: precision screw machine parts, castings and forgings, CNC machined parts, fabricated metal components, and custom bathware. CSI's services are primarily targeted to medium-sized companies that do not have the in-house resources, capabilities, or expertise to properly analyze and implement international sourcing strategies.
Asia America asiaamericacorp.com & Component Sourcing International
www.componentsourcing.com are portfolio companies of Argosy Private Equity www.argosyprivateequity.com based in Wayne, PA.
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