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Laursen Selected As New Managing Director Of Hemple Holding Knud Laursen The new corporate managing di- rector of J.C. Hempel Holding A/S, the parent company for all foreign and associate companies of the Hempel Group, is to be Knud Laursen. He joined the Hempel Group, a worldwide supplier of ma- rine and industrial coatings, on Sep- tember 1 this year, and take full responsibility as managing director of the company effective January 1, 1986. Mr. Laursen succeeds the pres- ent managing director, Chr M jel va, who will retire at the end of 1985 after 17 years of service with the Hempel Group. Prior to joining Hempel, Mr. Laursen was director of Superfos A/S, with responsibility for Su- perfos Chemical Industry A/S, the company's chemical division, which also includes Superfos Kemi A/S, Dansk Ammoniak A/S, Aerosols In- ternational Schadinavia A/S, and Superfos Chemicals A/S. He had previously worked for EAC Data and Mobil Oil, and has broad inter- national experience. Owen And Richards Named Managers At Honeywell's Marine Systems Division As part of an ongoing effort to strengthen its responsiveness to the offshore industry, Honeywell's Ma- rine Systems Division has an- nounced two new appointments. John D. Owen has been named systems business manager. He joined the offshore industry in 1970 and has held a variety of program management and engineering posi- tions. The systems business area includes engineering services and offshore control and monitoring sys- tems. This area has supported such innovative offshore programs as Ex- xon's Lena guyed tower installa- tion. Caroline Z. Richards has been appointed acoustics business man- ager. She has been involved with acoustic product marketing at Hon- eywell since 1975. Products in the acoustics business area include the HydroStar' subsea tracking and relo- cation system, the new RigStar rig positioning and riser angle monitor- ing system, and a new line of acous- tic beacons. The two new managers will share the marketing responsibilities pre- viously handled by L. Charles Meeks. 28 Daewoo's Exports Climbed To Nearly $1.26 Billion During First Half of '85 Daewoo Corporation's exports rose to nearly $1.26 billion during the first half of this year, a 14.4-per- cent increase over exports during the same period of 1984, the compa- ny has announced. The Korean company's leading exports were ships and offshore structures, steel and steel products, textiles, electri- cal and electronics products, and chemicals. Daewoo's exports of ships and off- shore structures, including four big containerships delivered to United States Lines, increased some 23 per- cent to about $425 million during the period. Barber Lines Names Northwest Managers Two maritime veterans have been appointed district managers for the Seattle and Portland offices of Bar- ber Steamship Lines, Inc., it was announced by Frank M. Can- gemi, executive vice president. Ms. Holly Land, who began her shipping career at General Steam- f-2 It's frightening. The desire to save a little money here or a bit of time there can often result in unexpectedly monstrous problems. That's true in most businesses. And it's especially true in yours. By taking a chance on buying parts that aren't genuine GM/EMD parts, you risk losing your money in downtime and unscheduled maintenance. And because meeting schedules is so vital, unavailable equipment can have serious financial results. It's a risk not worth taking. Any part you order from us, at the very least, is made from the same exacting specifications the original gave you. But in many cases you get more than you bargained for.
