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 During his 30 year
career, Mr. Valiga has successfully managed companies experiencing operational challenges
in the manufacturing, distribution and service sectors."
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Richard E. Valiga
Consultant
“The successful corporate turnaround requires two basic
elements: 1) the client’s commitment to the turnaround process and 2) the
client’s complete and total confidence in the firm and the people hired to perform
the turnaround. ”
Richard Valiga is a senior corporate executive having over thirty years of administrative,
operational, and technical experience in the manufacturing, construction and environmental
business sectors. As Senior Consultant to Colmen, Mr. Valiga provides general business
oversight, strategic planning and specialized services. From 1996 to 2002 Mr. Valiga was a
Senior Vice President at Colmen specializing in corporate turnaround, strategic planning
and operational consulting.
His recent turnaround experience includes: (1) A Midwest drives and electric motor
manufacturing operation (with a union workforce) in Chapter 11 Bankruptcy, generating
annual sales of $15 million. The Company was sold to a private investor group in early
2002. (2) A New Jersey-based construction/demolition company that was returned to
profitability within six months and at year-end, income was up 430% over the previous
years. Clients included Dupont and Occidental Chemical Corporation. After the turnaround,
the company was sold to a private investor. (3) A contract electronic circuit board and
wire harness assembly manufacturer in the Mid-West. Primary industries served included
medical devices, automotive, instrumentation and computer. New ownership took possession
of this operation and sales dropped 50% to $4 million. By modifying shop-floor activities,
cost cutting, and staff reorganization, sales recovered to 25% above pre-purchase levels
with net profits increasing 200% above forecast levels within 12 months.
Prior to joining Colmen, Mr. Valiga’s business experience included manufacturing and
the environmental waste/recycling service sectors. Mr. Valiga founded two successful
environmental companies, each having revenues in excess of $5,000,000 within two years of
startup. Both of these companies were sold to national waste disposal firms.
Mr. Valiga is a graduate of West Virginia University, earning a BS degree in Aerospace
Engineering and a MS degree in Civil/Environmental Engineering. Mr. Valiga is a licensed
professional engineer in Pennsylvania and Florida and a Diplomat in the American Academy
of Environmental Engineers since 1981. Mr. Valiga also holds six U.S. patents for various
environmental waste treatment technologies. These patents have also been granted in
Canada, Germany and Japan.
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