InterBusiness Issues - September 2007

Doug Parsons

The President/CEO of Excel Foundry and Machine, Inc. and CEO of FLSmidth Excel LLC, formerly known as Excel Crusher Technologies, Doug Parsons understands what it takes to succeed in today’s global economy. Since taking over as President of Excel Foundry and Machine in 1998, he has watched sales soar from about $9 million to over $50 million this year. Parsons founded Excel Crusher Technologies in 2004, selling both of the Pekin-based companies to FLSmidth two years later. He continues to oversee both companies, as well as participating in merger and acquisition activities for FLSmidth. Parsons sits on the Illinois Workforce Investment Board and the Advisory Board for Morton Community Bank. He is Worship Director at Riverside Community Church and a Director of All God’s Children International, an orphan care/adoption agency. He won the 40 Leaders Under Forty award in 1999, and has been written up in the New York Times and Inc. magazine. He lives in Peoria with his wife, Jennifer, and three children: Merrill, 13; Jessica, 10; and Jack, 6.

Features

Also in this issue...

Harnessing the Wind

Bill Newhouse
STS Consultants
Wind power is now the fastest growing energy source in the world, which has helped reduce the cost of production.

Columns

Patrick Kirchhofer - Peoria County Farm Bureau
Dave Cochran, South Side Trust & Savings Bank
Dr. Robert Zinser, Zinser Chiropractic Clinics
Mayor Jim Ardis - City of Peoria
W. Michael Bryant, Methodist Medical Center
William Prather, Peoria County Board
Dr. John Erwin - Illinois Central College
Dr. John Throop, The Summit Group
Dr. R. Michael Gulley, OSF Saint Francis Medical Center
Roberta Parks - Peoria Area Chamber of Commerce
Mary Pille, Employers' Association
Scott Elger, Robert W. Baird & Co.
Larry Timm - Junior Achievement
State Rep. Mike Smith, 91st District
Tucker Kennedy, IMEC
Michael Davis - IWIRC Corp.
William & Marjorie Springer, 2007 United Way Campaign Chairs
David Smith, Manpower Professional
Brent Lonteen, Peoria Area Convention & Visitors Bureau
Bashir Ali - Central Illinois Workforce Network

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