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BONITA SPRINGS — Shaw Development, which designs, develops and manufactures customized fluid management solutions for commercial and military heavy-duty ground vehicle markets, has named Keith Luomala president and CEO.
Luomala, also named to the company’s board, succeeds Lane Morlock, who will be retiring after a short transition period, according to a statement. During Morlock’s eight years with Shaw, the company tripled in revenue while expanding margins through a combination of new product growth, domestic market penetration and operational efficiency, the release states. The company had $106.72 million in revenue in 2018, the last year it released revenue data.
“For over 60 years, Shaw has been dedicated to providing custom engineered solutions to heavy-duty vehicle OEMs across agriculture, construction, industrial, and on-road markets, and I have confidence Keith will help the company continue to deliver on this mission,” Morlock says in the release.
An engineer, Luomala has a background of successfully managing complex businesses serving OEM markets through all phases of growth. Prior experiences include GE, Suez Energy, Compressor Controls Group and NVT Group, the release states.
“I am excited to be a part of the Shaw Development family and look forward to helping the company exceed customer expectations as we continue to grow and expand our capabilities,” Luomala says in the release. “One of the most important things I learned through my career is that individuals can do amazing things, but it takes teams of collaborative people to run a successful organization. I live this philosophy in every role I have held since given the privilege to lead a team.”
Shaw Development specializes in custom engineering, prototyping, short-run production verification and manufacturing of its customers' fuel system, hydraulic fluid line component, plastics injection molding and Diesel Emissions Fluid (DEF) challenges.
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