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CEO, DRAKE EXTRUSION, RIDGEWAY
CEO, DRAKE EXTRUSION, RIDGEWAY
Virginia Business// August 29, 2024//
Parkinson has served as Drake Extrusion’s CEO since 2001. A subsidiary of Duroc AB, a Swedish manufacturer specializing in filament yarn and staple fiber, the company established its roots in Henry County in 1996.
In 2021, Drake acquired North Carolina-based yarn manufacturer Michael S. Becker. Drake has expanded its Henry County footprint twice in the past 10 years and employs more than 200 nationwide. Its more recent expansion, announced in 2020, established an additional manufacturing facility in a 120,000-square-foot building, representing a $6.9 million expansion.
Representing the Southern region, Parkinson is a member of the GO Virginia Region 3 Council. He also serves on the Piedmont Workforce Development Board of Virginia Career Works West Piedmont Region, part of the state’s workforce development initiative, and as secretary and treasurer on the board of the Martinsville-Henry County Chamber’s Partnership for Economic Growth.
Parkinson received a bachelor’s degree in accounting and finance from the U.K.’s Lancaster University.
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