Denver businessman to head Chinese company; North American HQs to be in Denver
A Denver businessman who resigned as president of a Chinese company that claims it will build a huge manufacturing plant in Denver has been named president of another Chinese company. Jiangsu Jiangdong Group, a member of the Doyen Group, announced the appointment of Roger Leon to the positions of president and CEO of Jiangdong North America, Inc. and said the company’s North American headquarters will be located in Denver. It is unclear as yet how many people will be involved and if the company will build a manufacturing facility in Denver. Jiangong is one of the top 500 companies in China. Leon formerly headed RATO North America and Denver Global Products, a company that announced more than a year ago that it would build a huge small-engine manufacturing plant in Denver. When Leon and senior executives of the company abruptly left earlier this year, R ATO’s plans were left up in the air. The company missed a July 31 deadline to break ground on the Denver facility but maintains it still plans to build here. Leon’s new company, Jiangdong, has five companies operating within North America and each will report directly to Jiangdong North America. Leon will also head the Gasoline Engine Division of the Jiangsu Jiangdong Group, including the associated factories currently located just outside of Shanghai, China.
Jiangdong North America is in the process of acquiring all of the assets, including goodwill, of the REVSEVENgroup, also located in Denver. Leon founded REVSEVEN after leaving RATO. Jiangdong also has offices and distribution centers in California, Illinois, Florida, and Canada. Most of the founding members of REVSEVENgroup have now been employed by Jiangdong. It has also been announced that Jeanne Hendrix has assumed the role of President and CEO of the REVSEVENgroup. Hendrix was a senior officer of RATO/Denver Global. “We are all pleased to be associated with a company recognized globally for its integrity and its open and honest culture,” stated Leon. Jiangdong business is based on a clear focus of meeting customer needs, with the highest level of quality products and services. Jiangdong is a publicly traded company on the Hong Kong exchange with a market cap of approximately one billion dollars, allowing a high level of transparency to the US public. A company of this caliber coming to Denver and Lincoln County is a significant addition to our community and will allow us to continue with our commitment to bring industry and jobs to this area.”