Great Lakes Graphite Inc. (
TSX: V.GLK,
Stock Forum) has moved to beef up the sales and marketing side of its industrial minerals business.
The Toronto-based company said it has named Mike Coscia as its senior vice-president of Sales and President of Great Lakes Graphite’s Innovations operating division.
Coscia has over 30 years of experience in the chemicals and minerals industries. He brings extensive experience in sales, marketing, technology and product development to his work at Great Lakes Graphite,
the company said in a press release.
His previously worked as Senior Vice President of Sales and Marketing for Ontario Graphite, Sales Director at SGL Carbon, Senior Account Manager for Cabot Corp. and Vice-President of Sales at Bayer Chemical.
“Mike has earned a stellar reputation through many years as an accomplished sales professional in graphite and other industrial and specialty minerals markets,’’ said Great Lakes CEO Paul Gorman.
“The markets into which we are selling demand a player with a proven sales ability and, just as importantly, a deep technical background,’’ Gorman said.
Great Lakes is an industrial minerals company focussed on bringing carbon products to a well defined market through a vertically integrated supply chain. The company, through its Innovations Division, is currently recommissioning an Ontario-based Micronization Facility for re-start in late 2015.
The aim is to establish a position in the upgraded graphite products market with North American customers, and create a competitive disruptive advantage by leveraging existing assets, including the Micronization Facility and Lochaber Graphite project in southwestern Quebec.
“We now have all the capabilities in place that will enable our team to take the company to the next level,” Gorman said.
Great Lakes Graphite shares eased 8% to 11.5 cents on Tuesday, leaving a market cap of $11 million, based on 95.7 million shares outstanding. The 52-week range is 15 cents and 3 cents.