Semblex Corporation announced that Jinsoo Kim will succeed Don Cunningham as president.

Cunningham, who has been Semblex president since 2010, will retire at the end of the first quarter of 2019. He will continue as a member of the Semblex board of directors and as a part time advisor to the company.

Kim has served as COO at Semblex since the company’s acquisition by Jinhap Company, Ltd. in early 2014. Previously, Kim was a senior VP at Jinhap in South Korea.

Gene Simpson will assume the role of senior VP and COO. A 27-year veteran at Semblex, Simpson most recently served as VP of engineering & quality. Reporting to Simpson in his new position will be quality, engineering, sales & marketing and operations.

During 2018 Semblex marked its 50th anniversary.

Semblex was founded in October 1968 by Daniel Haerther with three other employees to manufacture small diameter, standard fasteners in Illinois. Haerther was chairman and owner for 39 years until his death in 2007 at age 82. The IFI honored Haerther with a Soaring Eagle award in 2011.

Since 2014 Semblex has been a subsidiary of Jinhap Co. Ltd, a privately-owned South Korean fastener manufacturer.

In 2018, Semblex has 260 employees and anticipates revenue will top $80 million.

Semblex has a facility in Mexico and is headquartered at 900 N. Church Rd., Elmhurst, IL 60126. Web: semblex.com