William R. Assenmacher
CEO, CAID INDUSTRIES
2016 Medal of Merit Recipient
Assenmacher was born in Monroe, Michigan and received a Bachelor of Science degree in Mechanical Engineering from the University of Arizona in 1974. While at the university he was enrolled in a work study program and worked 2 years with Pan Am and 8 months with Santa Fe Railroad. Assenmacher started with CAID Industries part-time as a fifth year senior in 1973. One year later, upon graduation, he decided to stay and to buy out Bob Caid over a 10 year period.
In 1982, Assenmacher was named President & CEO of CAID Industries, Southern Arizona’s largest industrial metal fabricator serving local and international mining customers. CAID Industries is headquartered in Tucson, Arizona with locations in Logan, Utah and Calama, Chile serving the various mining clients, especially smelters and SX-EW plants. The CAID family had roots in mining dating back to 1927 as a firm called Hearn & Caid (1927-1947).
The firm under Assenmacher’s direction grew from a one million dollar firm in 1974 to an annual sales volume of over $50MM, with 250 people in the U.S. and 40-50 working in South America. The firm has recently added industrial robotics and automation as well as fluid solutions as business units for its global customers. The firm will be celebrating 70 years (2017) in business as CAID Industries.
In addition to his role at CAID, Assenmacher is the Chairman of Commerce Bank of Arizona, the only locally owned community bank and U of A Tech Parks Global Advantage Partner. Assenmacher has always been an active community advocate for mining and other business development opportunities and is heavily immersed in the Tucson community as evidenced by his involvement not limited to 162nd Fighter Wing Air Guardians, DM50 Member, AMIGOS Board Member, City of Tucson Planning & Development Services Advisory Committee, Centurion Foundation Board Member, Southern Arizona Business Coalition (SABC) Founder, Southern Arizona Leadership Council (SALC) Member, State of Arizona Governor’s Workforce Arizona Council, Tri State Sheet Metal Workers Pension Plan Trustee & Finance Committee Chairman, Tucson Airport Authority Board Member, Tucson Metro Chamber Air Service & Business Development Chairman, Tucson Metro Chamber Board Member.