Daniel Yunetz, president of Riggs Industries Inc.

One of the largest family-owned businesses in Somerset County, Pa., on Aug. 23 announced that its board of directors has named Daniel Yunetz as president of Riggs Industries Inc. Yunetz has been with the company for three years serving as its chief financial officer.

In his new position, Yunetz will work closely with the Board of Directors, overseeing corporate operations and as the main link between the different divisions within the company. He will retain his CFO responsibilities providing all strategic and tactical matters as they relate to budget management, cost benefit analysis, forecasting and coordinating investments.

"On behalf of the Riggs Industries board of directors, we are confident that Dan's previous corporate experience and proven track record for effective team management and results-driven leadership will help the organization grow and achieve our goals," said Tom Levine, member of the Riggs board.

About Riggs Industries

Riggs Industries Inc., was founded in 1958 and employs more than 500 people who are engaged in a variety of industries. These include manufacturing (mining equipment and specialty transportation solutions), construction, truck equipment sales and custom welding and fabrication.

The companies include Somerset Steel, Lincoln Contracting, James A. Redding, J&J Truck Bodies & Trailers, J&J Truck Equipment and Somerset Welding & Steel.

This story also appears on Truck and Trailer Guide.

Today's top stories

Iconic Hotel Being Demolished to Make Way for Baseball Stadium

MD 4 Project to Add Diamond Interchange

Volvo Construction Equipment Showcases New Products at North American Volvo Days

VIDEO: Anniversary of Highway Workers' Memorial Renews Calls for Work Zone Safety

Yanmar Compact Equipment Introduces New Line of Branded Attachments for Compact Track Loaders

Caterpillar Introduces Dynamic Energy Transfer Solution for Battery, Diesel-Electric Mining Equipment

Five Finalists Compete for Grand Prize Makeover in Bobcat Park and Rec Makeover Contest

VIDEO: Students From Washington, Ohio Earn Top Honors in Annual ARTBA Transportation Video Contest