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Manufacturing 2025: ROBINSON, ANTHONY ‘TONY’

Robinson took over in 2024 as the head of Framatome, the Lynchburg-based North American subsidiary of the French nuclear equipment, services and fuel producer.

During more than three decades of experience in the nuclear industry, Robinson has held a series of executive positions. Previously, he was senior vice president and chief nuclear officer of Structural Integrity Associates, a North Carolina company providing engineering services for the energy and process industries. Before that, he had been an executive for BWX Technologies in Lynchburg and worked for about 25 years for Framatome and its predecessor, Areva.

In July, Framatome completed a $49.4 million expansion at its Mill Ridge Road facility in Lynchburg, where it will focus on small modular reactors, or SMRs. Framatome has 2,480 employees in North America, with more than 1,500 of those working in Virginia.

ADVICE FOR NEW COLLEGE GRADS: Be assertive, but be patient with your career trajectory. The path to leadership is typically not linear.

WHAT I DO FOR FUN: Biking, swimming, golf, water skiing, snow skiing and pickleball

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Manufacturing 2025: FAIRBANKS, BRYAN

Fairbanks became Trex’s president and CEO after the retirement of James Cline in 2020. Previously, he had been the publicly traded composite decking and railing manufacturer’s executive vice president and chief financial officer.

Trex products are sold through more than 6,700 retail outlets across six continents. Over the next five years, Trex hopes to double its market share of the $3.3 billion railing market, moving from 6% to 12%.

As of year-end 2024, the company had 1,838 employees and reported $1.2 billion in revenue, an increase of 5% from the previous year. One of the largest recyclers of PE plastic film in North America, Trex upcycles more than 320 million pounds of recycled plastic waste annually in its process.

Before joining Trex, Fairbanks held several senior roles at Ford Motor. He received a degree in accounting from the University of Dayton and an MBA from the University of Pittsburgh.

Fairbanks sits on the Frederick County Economic Development Authority’s board and the Governor’s Advisory Council on Revenue Estimates.

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Manufacturing 2025: LUCK IV, CHARLES ‘CHARLIE’

Representing the third generation of the Luck family at the helm, Charlie Luck IV became president of the 102-year-old crushed stone company in 1995 and additionally CEO in 1999.

While studying at Virginia Military Institute, he officially joined the family business as a summer trainee. After graduating with a degree in civil engineering in 1983, Luck was a NASCAR driver before coming home in 1987 to be part of a Luck training program.

Luck’s son, Richard, was named company president in November 2024, carrying on the family legacy.

Employing approximately 1,020 people, Luck Cos. is best known for providing construction aggregates and decorative stone but also has interests in environmental performance products and commercial real estate. The company’s footprint extends across Virginia, North Carolina, South Carolina and Georgia.

In September 2024, the Goochland County Board of Supervisors unanimously approved Luck Stone’s expansion of its Rockville quarry operations to include 70 acres bordering Henrico County, despite objections from residents of both counties.

In 2015, Luck launched the InnerWill Leadership Institute, which trains executives in “values-based leadership,” a philosophy launched at Luck Cos.

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Banking | Finance 2025: BRANCH, VICTOR K.

With more than 40 years of service at , Branch has been president of the ‘s Richmond market since 2015.

Bank of America reported $27.1 billion in net income in 2024 and employs 213,000 people globally.

The immediate past chairman of the Virginia Bankers Association board and a William & Mary alum, Branch leads outside of work as well. He’s the rector of the board of visitors at Virginia State University and chair of the Community Foundation for a greater Richmond’s governing board. Additionally, he sits

on the board of Venture Richmond and in May, he was inducted into Junior Achievement of Central Virginia’s Greater Richmond Business Hall of Fame.

A jogger and Bikram yoga practitioner, Branch also enjoys working in the garden.

FIRST JOB: A server at Shoney’s restaurant in Petersburg

TRAITS I ADMIRE: People with a sense of humor — those who don’t take themselves too seriously but take the work seriously

FAVORITE SPORTS TEAM: Washington Commanders

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Manufacturing 2025: MINKKINEN, MARCUS

In September 2024, Minkkinen succeeded Koen Knippenberg, who managed the plant for more than two years before being promoted to senior vice president of group truck operations for Volvo’s North America branch.

A native of Sweden whose father and grandfather worked for Volvo, Minkkinen joined the company in 2004 as a trainee after receiving a degree in engineering at Lund University in Sweden. During that time, he spent several months working at Volvo’s Hagerstown, Maryland, powertrain facility. He returned to Maryland in 2006 as an industrial engineer and later became an engineering manager at the plant.

In 2010, Minkkinen returned to Sweden to fill a similar role, and after a term as vice president of the Hagerstown plant, he moved to the New River Valley plant. In 2022, Minkkinen hosted President Joe Biden at the Hagerstown plant for National Day.

The Dublin facility experienced two waves of layoffs in the first half of 2025, totaling between 430 and 530 employees, Volvo said, due to reduced demand.

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Manufacturing 2025: WERGE, ROB

In 2022, Werge became president and CEO of Cadence, a contract manufacturer of medical and drug delivery devices founded in 1985. He previously held leadership positions at Nypro (now Jabil Healthcare), where he led its consumer and electronics business for the Americas region and oversaw operations in India. He also was vice president and general manager of Phillips-Medisize’s global commercial division.

Cadence employs about 800 people nationwide and in Costa Rica at eight facilities, and is a subsidiary of New York-based private equity firm Kohlberg & Co.

In September 2024, Cadence announced plans to expand its current cleanroom operations in Staunton to 5,000 square feet, and earlier this year, it revealed a brand refresh.

A native of Connecticut, Werge earned his bachelor’s degree in mechanical engineering at the University of Connecticut and completed Harvard Business School’s Program for Leadership Development.

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Manufacturing 2025: SMITH, ASHLEY B.

Smith, the third generation of his family to lead the precast concrete company, became CEO in 2018 and board chairman in 2022. His grandfather, David G. Smith, founded the company in 1960 as Smith-Cattleguard, a nod to the company’s concrete cattleguard innovation.

The publicly traded company now has facilities in North and South Carolina. Its subsidiaries include Concrete Safety Systems, which rents concrete highway barriers, and Easi-Set Worldwide, which licenses Smith-Midland products.

In 2024, Smith-Midland opened a $2 million addition to its Reidsville, North Carolina, plant that doubled the size of the facility’s production capacity.

Smith-Midland reported revenue of $78.5 million for 2024, a 32% increase over the previous year. Smith attributed the gains to increased infrastructure spending, and in the first half of 2025, the company’s revenue numbers have increased further, with $22.7 million reported in the second quarter, up 35% from the second quarter of 2024.

A member of Bridgewater College’s board of trustees, Smith is a past board chairman of National Precast Concrete Association.

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Banking | Finance 2025: BARKIN, THOMAS I.

Barkin has served as head of one of 12 regional Fed banks since 2018. Previously a voting member on the Fed’s powerful interest- setting Federal Open Market Committee in 2024, he rotated off in 2025.

In May, Barkin told attendees at the Investing in Rural America Conference in Roanoke that the key to population and economic growth in small towns is available affordable housing and workforce investments.

To gather insights on the economy, Barkin likes to be on the ground, talking with business, civic and community leaders

in the Fed’s Fifth District, which includes South Carolina, North Carolina, Virginia, Washington, D.C., West Virginia and Maryland.

A Tampa, Florida, native, Barkin worked for three decades at global consultancy McKinsey & Co., where his roles included chief financial officer and chief risk officer. He also served on the board of directors for the Federal Reserve of Atlanta from 2009 to 2014.

A three-time Harvard grad, Barkin has sat on Emory University’s board of trustees since 2014.

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Banking | Finance 2025: FAW, GWEN

Faw, who has worked at for three decades, was named regional executive for the ‘s greater Virginia market, a territory that spans from Virginia Beach to Bristol, in 2024. A Bedford County resident, she is responsible for 93 branches and oversees more than 700 employees.

Starting out as a bank teller in Bedford, Faw became a district manager in Roanoke in 2009. In that role, she managed 11 retail bank branches for Wells Fargo. Later, Faw moved into the bank’s affluent customer sector, where she ultimately became the division’s field director in 2019.

In 2023, Wells Fargo announced plans to spend $87 million to modernize and expand its Roanoke County customer support center, adding 1,100 jobs in a deal making the bank the county’s largest employer.

San Francisco-based Wells Fargo had about $1.92 trillion in assets at the end of 2024. It is the nation’s fourth largest bank.

In June, the Federal Reserve lifted the $1.95 trillion asset cap imposed upon Wells Fargo in 2018 after determining the bank had improved its governance and controls.

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Manufacturing 2025: BEAUCHAMP, BRADFORD ‘BRAD’

In 1950, E. Rhodes Carpenter launched his namesake company as a distributor of Goodyear latex products. A few years later, Carpenter pivoted to pouring flexible polyurethane foam.

Celebrating its 75th anniversary this year, Carpenter now has a product portfolio that includes bonded, molded and technical foams, chemicals and chemical systems, expanded polystyrene systems, consumer products, furniture and bedding, polyester fiber and pet bedding.

Now with presences in Europe, the Middle East, Africa and Asia, Carpenter employs about 7,000 people and reported 2024 revenue of $2.4 billion. Beauchamp joined Carpenter in 2008 as national sales manager of its chemicals division. In 2020, he was appointed CEO.

In October 2024, Carpenter announced it had acquired Casper Sleep, a bed-in-a-box company, from Durational Capital Management, and that has resulted in the addition of 400 employees and 45 Casper stores nationwide.

Beauchamp, a graduate of Bethel University in Minnesota and Southern Methodist University, will serve as vice chair for the steering committee of the Center for the Polyurethanes Industry through 2026.

WHAT I DO FOR FUN: I like to compete, so I play in several sports leagues, which include ice hockey and softball.

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