API Heat Transfer Names J. Derrill Rice as Chief Executive Officer

CHICAGO, ILLINOIS – December 1, 2022 – API Heat Transfer today announced the appointment of  J. Derrill Rice as Chief Executive Officer.

Mr. Rice has significant executive leadership experience in the engineered products industry with a proven ability to drive sustainable and profitable growth in the sector. Prior to joining API, he served as CEO of Plastic Components Inc, a specialized injection molder. He also served as President and General Manager of the Aerospace, Defense & Marine division and the Industrial & Commercial Transportation division at TE Connectivity.

Mr. Rice said, “I’m thrilled to join API Heat Transfer to build a world-class culture and help API capitalize on its many opportunities to better serve customers. I look forward to working with API’s deeply talented team as we focus on the next phase of growth.”

About API

Founded in 1947, API Heat Transfer is a global leader in the design and manufacture of a wide range of specialty heat exchangers and heat transfer solutions. Its product lineup meets the needs of virtually every industrial market. Headquartered in Buffalo, N.Y., the company employs more than 1,100 people worldwide and operates 9 facilities in three countries.

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For more information contact:

Debbie Dryden

API Heat Transfer