Jtec Industries Announces Retirement of CEO and Co-Founder Jon Peterson
August 01, 2024, East Peoria, IL — Jtec Industries, a leading innovator in material handling solutions, today announced the retirement of Jon Peterson, the company’s CEO and co-founder. Peterson, who co-founded Jtec Industries in 2004, has led the company for 20 years, transforming it from a small startup into a globally recognized brand known for its commitment to quality, innovation, and customer satisfaction.
During his tenure, Peterson spearheaded numerous groundbreaking initiatives and innovations that have significantly impacted the material handling industry. Under his leadership, Jtec Industries has consistently set new standards for excellence, making it a trusted name in the sector.
“It has been an incredible journey to see Jtec grow and evolve over the past two decades,” said Peterson. “I am immensely proud of what we have achieved as a team and grateful for the dedication and hard work of every employee who has contributed to our success. As I retire, I am confident that the company is well-positioned for continued growth and success.”
Peterson’s visionary leadership and unwavering dedication have earned him respect and admiration within the industry. His contributions have not only propelled Jtec Industries to new heights but have also influenced broader industry practices.
The Board of Directors is pleased to announce that co-founder Joe Knepp will assume the role of CEO, effective August 1, 2024. Knepp, who has worked closely with Peterson since the company’s founding, will also continue his role as CTO. His extensive experience and deep understanding of Jtec’s mission and values will ensure the company’s continued success and innovation.
“Joe’s commitment to our company and industry is unparalleled,” Peterson stated. “I have full faith in his ability to lead Jtec to even greater heights. I look forward to seeing the continued growth and success of the company under his guidance.”
As Jtec Industries embarks on this new chapter, the company remains committed to its core values of innovation, quality, and customer satisfaction. The leadership team is excited about the future and looks forward to building on the strong foundation established by Jon Peterson and Joe Knepp.
Forward-Looking Statement:
The Jtec Executive Staff and Management Team is strong and will not miss a beat as the company continues to evolve and adapt. Jon Peterson will remain an active member as Chairman of the Board. Our financials are solid, and our extensive product line and customer base continue to grow. Robotics and automation, especially AI, are quickly growing, and CarryMatic is positioned to lead the industry with autonomous material movement. Our legacy products—CarryMore, CarryMax, and CarryLite—have expanded to include a comprehensive mechanical product offering to support nearly every customer request for a complete material movement cart system.
Additionally, Joe Knepp is planning a long-term growth strategy that includes adding several new products for manufacture and distribution to both current and new customers.
About Jtec Industries:
Jtec Industries is a premier provider of material handling solutions, dedicated to delivering innovative products that enhance operational efficiency and safety. Founded in 2004, Jtec Industries has grown into a globally recognized brand, committed to quality, innovation, and customer satisfaction.