CRL 1-hr: 9/26 Introduction to Uptime Elements Reliability Framework and Asset Management System

Pewaukee, WI – January 31, 2013 - Trico Corporation, a leader in total lubrication management services and products, announced that it has promoted Jim Jung to Vice President. He is also now a stockholder in the company.

With his new appointment, Jim will play a crucial role in shaping the future direction of the company, with an especially keen focus on strategic planning. He will work, on the affairs of the company, setting the vision for the company, and exploring the opportunity for expansion into new markets. Jim will also be responsible for executing the initiatives outlined in the corporate strategic plan.

Prior to his appointment, Jim served as Director of Operations, at Trico Corporation, a position in which he was responsible for the oversight of Trico’s manufacturing operations. He worked towards reducing waste and streamlining operations. He also extended the process to the office environment. In addition, he recently headed a complete restructuring of the organization, taking it from a typical military-styled organization to a customer-focused team organization. He continues to mentor teams in helping them achieve their goals.

“Jim grew up with the Trico business working in production and operations. He has been a key contributor to the growth and success of Trico for several years,” said Robert Jung, CEO and President as well as third generation family member. “He has an intuitive business sense and a strong dedication to upholding Trico’s vision and values and is committed to the long-term growth of this fourth generation company. Jim and I have always worked well together and I am looking forward to watching him continue to grow in all areas of the business.”

Jim is a graduate from University of Wisconsin-Milwaukee and received his Bachelor’s degree in Production and Operations Management. He is an active member of TEC-Next Gen, a group of next generation family professionals that provides continuous learning and development for future business executive leaders in family owned businesses.

Trico Corporation is a leader in total lubrication management services and products that focus on increasing industrial asset performance and reliability. The company offers assessments for lubrication management programs, equipment audits, oil analysis, training, and a complete line of high-performance lubrication products. Trico’s mission is to be the worldwide leader in lubrication management solutions and build customers for life.

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