Zoltek celebrates the founder’s 80th birthday

Leading the carbon fiber industry on a global scale

St. Louis, Missouri, USA, Dec. 06, 2022 (GLOBE NEWSWIRE) — Zoltek Corporation, the largest global manufacturer of industrial grade carbon fiber, has recently celebrated the 80th birthday of its founder, Zsolt Rumy.

Born in December 1942 in Budapest, Hungary, Mr. Rumy was a carbon fiber industry pioneer that ultimately changed the carbon fiber world.  He created the first industrial-grade carbon fiber made to compete against other common building materials, and created Zoltek Corporation to drive the commercialization of carbon fibers.

Mr. Rumy fled Soviet communism after the Hungarian Revolution in 1956, and arrived in the US as a 14-year old war refugee through the International Red Cross and Catholic Charities.   He later graduated with a chemical engineering degree from the University of Minnesota, accepted a position with Monsanto Company and moved to St. Louis, Missouri in 1966. After several years of corporate sales and engineering jobs in the chemicals industry, he started his own distribution business in 1975.   After years of selling carbon and graphite products, he plunged into carbon fiber manufacturing in 1988 with the acquisition of Stackpole Fibers in Lowell, Massachusetts.

His vision of a low-cost carbon fiber began on a pilot line in St. Louis, MO, and later became realized after acquiring an acrylic fiber factory, Magyar Viscosa, back in his native Hungary.  He led a team of engineers that were able to convert this acrylic fiber factory to the world’s first low-cost carbon fiber factory.  Zoltek repeated this feat by acquiring a second acrylic fiber factory in Mexico, and the rest is history.

In 2014, Zoltek was acquired by Toray Industries of Japan, who at the time was the world’s largest aerospace carbon fiber producer.  With the support of the Toray Group, Zoltek has now grown to the largest carbon fiber manufacturer in the world, with more than 30,000 MT of annual capacity.

“Zsolt is a true pioneer who lived the American dream.  He built a company and changed the carbon fiber industry forever.  We are all honored to be part of his journey and grateful for his leadership and friendship”, EVP of Sales & Marketing Dave Purcell. “Now it’s our job to carry his vision forward and bring our low-cost carbon fiber to new applications around the world,” he added.

“The Will To Do, The Soul Dare” is an autobiography that details Zsolt’s extraordinary life experiences and his visionary spirit and courage that revolutionized the carbon fiber industry.  Zsolt’s book is available in major book stores and Amazon.  You may also request a free copy of Zsolt’s book (while supplies last) by sending your request to jschmidt@twinspringsinv.com.

Zsolt Rumy and Dave Purcell are current board members of Zoltek Corporation.

About Zoltek: Zoltek Corporation is the most trusted manufacturer of cost-efficient and customer-centric industrial grade carbon fiber used for automotive parts, wind turbine blades, thermoplastic compounding, marine infrastructure, and many more. In 2014, Zoltek joined the Toray Group (Japan) which has advanced the company’s technology and strengthened the technical and financial resources and positioned the company for further growth as the most reliable global leader of carbon fiber.

For more information, you may visit www.zoltek.com or follow us on any of our social media channels including www.linkedin.com/company/zoltek/ and https://www.facebook.com/ZoltekCorp. For more information about Toray Group, you may visit www.toray.com 

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Jen Olson

Zoltek

GlobeNewswire Distribution ID 8709508

Boeing’s Final 747 Rolls Out of Washington State Factory

After more than half a century, the last Boeing 747 rolled out of a Washington state factory on Tuesday.

The 747 jumbo jet has taken on numerous roles — a cargo plane, a commercial aircraft capable of carrying nearly 500 passengers, and the Air Force One presidential aircraft — since it debuted in 1969. It was the largest commercial aircraft in the world and the first with two aisles, and it still towers over most other planes.

The plane’s design included a second deck extending from the cockpit back over the first third of the plane, giving it a distinctive hump that made the plane instantly recognizable and inspired a nickname, the Whale. More elegantly, the 747 became known as the Queen of the Skies.

It took more than 50,000 Boeing employees less than 16 months to churn out the first 747. The company has completed 1,573 more since then.

But over the past 15 years or so, Boeing and its European rival Airbus released new wide-body planes with two engines instead of the 747’s four. They were more fuel-efficient and profitable.

Delta was the last U.S. airline to use the 747 for passenger flights, which ended in 2017, although some other international carriers continue to fly it, including the German airline Lufthansa.

The final customer is the cargo carrier Atlas Air, which ordered four 747-8 freighters early this year. The last was scheduled to roll out of Boeing’s massive factory in Everett, Washington, on Tuesday night.

Boeing’s roots are in the Seattle area, and it has assembly plants in Washington state and South Carolina. The company announced in May that it would move its headquarters from Chicago to Arlington, Virginia.

The move to the Washington, D.C., area puts its executives closer to key federal government officials and the Federal Aviation Administration, which certifies Boeing passenger and cargo planes.

Boeing’s relationship with the FAA has been strained since the deadly crashes of its best-selling plane, the 737 Max, in 2018 and 2019. The FAA took nearly two years — far longer than Boeing expected — to approve design changes and allow the plane back in the air.

Source: Voice of America

Canada Soon to Allow Euthanasia for the Mentally Ill

A law allowing limited euthanasia in Canada is set to expand to make the procedure available to people with mental illness. As Craig McCulloch reports, this is causing a variety of reactions.

Canada’s law permitting euthanasia, or Medical Assistance in Dying, became personal for Vancouver-area resident Marcia McNaughton in November. Suffering from metastasized stomach cancer, her 80-year-old aunt Ella Tikenheinrich chose to end her life with medical assistance.

McNaughton was not aware of her aunt’s choice until almost the end, and the extended family supported it.

“As a family, all we did was support her and love her decision,” McNaughton said. “And I have to say one thing — to be in control of your own time, it is an amazing thing.”

On March 17, the law permitting what is termed Medical Assistance in Dying — commonly called MAiD — will expand to include those suffering from mental illness. Currently, only individuals whose death is deemed to be reasonably foreseeable or who suffer from a debilitating illness, like McNaughton’s aunt, qualify to get medical assistance to end their life.

Ottawa-based Canadian Physicians for Life has always been strongly opposed to any form of legalized euthanasia.

Executive Director Nicole Scheidl said it is an abdication of responsibility of the government and doctors to offer death as a solution instead of treatment. She feels the coming changes allow for a doctor to decide who gets medical assistance to die and who gets suicide prevention.

“That goes to the very heart of what the physician thinks — the quality of life of the person in front of them,” Scheidl said. “And clearly, that’s not a decision that should ever fall to a doctor. As well, people who are suicidal don’t clearly see that they need suicide prevention. They all want suicide assistance.”

Victoria-based lawyer Chris Considine has been at the forefront of strongly advocating for euthanasia going back three decades. In the early 1990s, he represented Sue Rodriguez, who was dying from amyotrophic lateral sclerosis, or ALS, taking her fight for a doctor-assisted death all the way to the Supreme Court of Canada.

Although they lost that case on a 5 to 4 vote, the decision was overturned in 2016. Rodriguez got a doctor-assisted death from an unnamed person in February 1994.

Considine still supports medically assisted suicide but says unlike a terminal illness such as ALS or cancer, issues involving mental health are not as clear cut.

He said there has been a dramatic increase in mental health illnesses, but not treatment.

“In addition, there are underlying causes for mental health which are not strictly organic,” Considine said. “There may be depression caused by poor housing, poor job prospects and other issues, which will drive people into a deep depression. Those issues could be solved, and therefore, there may not really be a need for MAiD.”

Considine said if the March date for expanding the euthanasia law is not pushed back, he hopes strict guidelines are put in place so it does not become a substitute for housing, health care and other forms of social assistance.

Source: Voice of America