Page 8: of Maritime Reporter Magazine (August 15, 1981)

Three Key Appointments

Announced In Marine

Department At Texaco

James A. Cole Jr., vice presi- dent in charge of Texaco Inc.'s

Marine Department, has an- nounced the following appoint- ments : Robert 0. Sanders, man- ager-chartering, succeeding Rob- ert G. Gingrow who elected to take early retirement on June 1, 1981, after 37 years of service;

James F. Gaffney, manager-eco- nomics and planning, succeeding

Mr. Sanders; and Erwin A. Har- isch, manager-operations, suc- ceeding Mr. Gaffney.

All three will continue to be located in the company's Harri- son, N.Y., offices.

Mr. Sanders was graduated in 1970 with a Bachelor of Business

Administration degree in account- ing from Bernard M. Baruch Col- lege of tHe City University of

New York. He had joined Texaco in 1958 in the U.S. Marketing De- partment and transferred to the

Marine Department in 1963. He was named assistant manager- chartering in 1973 and manager, economics and planning in 1976.

Mr. Gaffney was graduated in 1953 with a third mate's license from the Royal College of Tech- nology in Glasgow, Scotland, and received his master's license in 1962. He had joined Texaco Over- seas Tankship Limited in London in 1959 and subsequently sailed as master aboard Texaco tankers.

He was named marine superin- tendent in the London office in 1974. In 1980 he was assigned to the Harrison offices of Texaco

Inc., as manager-operations.

Mr. Harisch was graduated in 1948 from the New York State

Maritime Academy with a marine engineer's license and joined Tex- aco in 1949 as an engineer aboard

Texaco tankers. He obtained his chief engineer's license in 1953.

He was named inspector-new con- struction in the Marine Depart- ment in New York in 1957, and superintendent-maintenance and repairs for the Texaco Panama fleet in 1962. In 1973 he was named manager-maintenance and repairs for the Marine Depart- ment of Texaco Inc.

Chromalloy Acquires

Flowers Marine Group

For About $15 Million

Chromalloy American Corpora- tion, St. Louis, has announced the completion of its acquisition of

Flowers Marine Group, Inc., a pri- vately held barge company, from its founder, J. Russell Flowers, for approximately $15 million.

Approximately 70 percent of the purchase price was paid with 400,000 newly issued shares of

Chromalloy common stock and the remainder with promissory notes and cash. Chromalloy had 14.7-million common shares out- standing prior to the Flowers Ma- rine Group purchase. The pur- chase price is subject to adjust- ment as the result of a closing audit.

Frank P. Nykiel, president and chief executive officer of Chrom- alloy, said the purchase is in line

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Headquartered in Greenville,

Miss., the Flowers Marine Group had gross revenues of about $50 million in 1980. Flowers operates 356 covered and open barges, eight towboats and two tugboats.

Its cargoes consist mostly of grain and coal, and it has a contract to supply substantial tonnages of coal to the Florida Power Com- pany.

Thomas J. Barta, president of

Chromalloy's Transport-Marine

Group, said the Flowers Marine purchase brings the aggregate carrying capacity of barges op- erated by Chromalloy to about 1,750,000'tons. J. Russell Flowers, a key individual to barge opera- tions, will join Chromalloy's

Transport-Marine Group in an ex- ecutive capacity.

Chromalloy is a multi-industry business with sales of $1.5 billion in 1980 and net earnings of $44.4 million.

Tracor Wins $8.3 Million

Four-Year Navy Contract

The Naval Sea Systems Com- mand, Department of the Navy,

Washington, D.C., has awarded

Tracor, Inc. an $8.3-million four- year contract for technical and engineering support for the FFG- 7 Class Guided Missile Frigate

Acquisition Program.

William C. Moyer, Ph.D., group vice president for Tracor Applied

Sciences, said that Tracor engi- neering managers, systems engi- neers, and field test engineers lo- cated in Arlington, Va., Bath,

Maine, San Pedro, Calif., and Se- attle, Wash., are involved in the program, providing engineering analysis, technical evaluation, and management support.

Tracor has been providing en- gineering and technical support for the FFG-7 Class Guided Mis- sile Frigate Program since the mid-70s. This support has includ- ed providing combat system in- tegration ; development of test plans, procedures, and specifica- tions ; technical evaluation and analysis of proposed combat sys- tems and engineering systems de- velopments ; coordination of test schedules; and test conduct. This new contract represents a contin- uation of these efforts as part of the FFG-7 Class Follow Ship Con- struction and Post Shakedown

Availability programs.

Headquarters for the contract work is Tracor's Surface Ship Of- fice in Arlington, Va., under the general management of William

F. Thompson, division vice presi- dent and director of the Systems

Technology Division. Reporting to

Mr. Thompson on the program are William Pugh, division direc- tor of Ship Systems; Thomas W.

Cass, director of the Surface

Ships Department; and James P.

Flanigan Jr., program manager for the FFG-7 Program. 12 Write 193 on Reader Service Card Write 299 on Reader Service Card Maritime Reporter/Engineering News