April 20, 2016 – American Industrial Partners (AIP) is pleased to announce the appointment of
Doug Chapple as the CEO of its portfolio companies EnTrans International, LLC (“EnTrans”)
and Polar Corporation (“Polar”) effective immediately.
Dino Cusumano, Partner at AIP, said, “We are thrilled to partner with Doug at EnTrans and
Polar. Doug is a very talented and experienced CEO with a multi-decade track record of
success across numerous businesses in the industrial economy. Doug’s capabilities, skills and
experience are particularly well suited to EnTrans and Polar, and we all look forward to
collaborating with him on this exciting endeavor.”
Doug Chapple commented, “I am very excited to take on the leadership role at EnTrans and
Polar. Each of these businesses has iconic brand names and strong market positions
developed through decades of providing the highest quality products to their customers. I look
forward to working with their dedicated employees to continue to grow these companies in the
Doug brings 40 years of leadership within positions in the industrial economy ranging across
business functions, including sales, operations, production, marketing, new product
development, Lean manufacturing and global sourcing.
He was CEO of the Walker Group from 2006 to 2013. Most recently, Doug was CEO of Francis
Drilling Fluids, LTD, where he led the business through a series of acquisitions and growth in
the oil and gas services industry. Doug was also the CEO of Sarnamotive Bluewater, Inc., and
GDX Automotive; prior to that, he was a Vice President at Key Plastics, Inc.
Doug holds a Bachelor’s in Mechanical Engineering from General Motors Institute and an MBA
from University of Western Ontario.
ABOUT AMERICAN INDUSTRIAL PARTNERS
American Industrial Partners (AIP) is an operationally oriented middle-market private equity firm
that makes control investments in North American-based industrial businesses serving domestic
and global markets. The firm has deep roots in the industrial economy and has been active in
private equity investing since 1989. To date, AIP has completed over 50 transactions and
currently has more than $3.5 billion of assets under management. AIP invests in all forms of
corporate divestitures, management buyouts, recapitalizations and going-private transactions of
established businesses with revenues of $75 million to $1 billion.
Media Contact: Tamzen Meyer / (260) 497-0113 / firstname.lastname@example.org