HOUSTON, NOVEMBER, 30 , 2022 (NYSE: NX) — As Quanex seeks to expand and diversify its portfolio, the company has named Jim Nixon its first vice president of Innovation and New Markets.
In this role, Nixon will develop and lead an enterprise-level innovation strategy, advance new product and market possibilities, drive revenue and EBITDA growth and ensure a return on investment for new market product launches. Jim will also lead strategy development, sales, new product development and market growth for Quanex Custom Mixing (formerly LMI Custom Mixing).
“We couldn’t be happier to welcome Jim to this senior leadership role as we continue exploring new ways to drive value for our customers and shareholders,” said George Wilson, president and CEO, Quanex. “Jim will be instrumental in our efforts to develop innovative new polymer solutions, expand our capabilities and diversify into new markets.”
Jim Nixon joins Quanex with more than two decades of industry experience, serving in various operational and leadership roles of increasing responsibility. Most of Jim’s career has been focused on successfully growing LMI Custom Mixing—which Quanex acquired in 2022—where he served as the general manager for the last 21 years.
“I’m looking forward to helping this team identify new opportunities to innovate, in both new and legacy markets,” Nixon said. “I’m confident that through the combined abilities of Quanex’s polymer and extrusion expertise, and the state-of-the-art technology at Quanex Custom Mixing, we’re going to do some great things and create significant new growth for Quanex.”
Nixon holds a bachelor’s degree in chemical engineering with a minor in economics from Case Western Reserve University, and a master’s degree in business administration from Ashland University.
In his new role, Nixon will report directly to Wilson and will serve as a member of Quanex’s strategy council. He will share his time between Cambridge, Ohio, and Akron, Ohio.