Healthcare >> CEO Interviews >> December 30, 1999
JAMES BINCH, an engineer and merchant banker, became head of
Memry Corporation in 1992 and since then has devoted his efforts
to restructuring and building the company. Among his
accomplishments, he has acquired a division of Raychem Corp.,
purchased a company in Belgium, bought a company in
Massachusetts, sold a subsidiary, raised over $12 million in
private equity and grown the core shape memory business 20-fold.
Now with the company refocused to make its mark on the medical
device industry, Mr. Binch is striving to considerably broaden
the company's revenue base and create significant shareholder
value. A graduate of Princeton University, and with an MBA from
the Wharton School at the University of Pennsylvania, he started
his career as a general management consultant with Cresap,
McCormick and Paget Vice President of Planning at Champion
Building Products. Mr. Binch spent seven years in senior roles
with Combustion Engineering President and COO of the engineering
sector of C-E and its principal subsidiary, Lummus-Crest, Inc. He
moved into merchant banking by founding Trinity Capital Corp in
1987. He went on from there to establish Harbour Investment
Corporation. It was through investment activity at Harbour that
he became a major shareholder and ultimately CEO of Memry. Profile
Corporation and a picture of the company as it is now?
Mr. Binch: Memry is a company specialized in a materials
technology field
