Nomaco’s founder and chairman, Marc Noël, has been named by Triangle Business Journal as a 2017 CEO of the Year Award winner. The award, based on responses from other CEOs and top executives in the Triangle is a special honor to Marc.
“I appreciate the honor that my fellow executives in the area have bestowed upon me with this award,” said Marc. “I am really the ambassador for all of our family and associates (our extended family) who with dedication and hard work have made our companies successful.”
Marc has been leading entrepreneurial companies since 1979, when he founded Nomaco Inc. in Ansonia, Connecticut to produce pipe insulation. In 1988, he moved the company to Zebulon, NC, where it flourished into a solutions provider for a variety of different industries. One of the most recognized products Nomaco produced in the early 1990s was the pool noodle. The company also branched into foam solutions for construction, home furnishings, recreation, packaging and other industries.
One of those solutions was a synthetic closure for wine. Based on his belief in this product’s potential, Marc established Nomacorc LLC as a separate company in 1999. In the years since, Nomacorc has become a trend setter in the wine industry, changing the way winemakers think about making wine.
Today, Nomaco continues to be a leader in the design and extrusion of custom engineered foam products and components for a wide range of markets. Nomacorc has sold more than 20 billion closures worldwide and is part of the Vinventions portfolio of wine closure solutions, but Marc sees much more to come for both companies.
“We are really at a new stage in the lives of both Nomaco and Nomacorc,” explained Marc. “Nomaco is emphasizing business growth through not only its core legacy product portfolio, but also through game-changing technologies and products in its business development activities.”
“At the same time, through Vinventions, Nomacorc is evolving from a single-product company to a full-service provider to the wine industry by offering a broad portfolio of products, technologies and services,” he said.
Marc continues to provide strategic leadership to both companies, serving as chairman of each as well as CEO of Noël Group, the holding company for Nomaco and Vinventions. In addition to this CEO of the Year honor, Marc is a past recipient of Ernst & Young’s Entrepreneur of the Year award.
Marc and other TBJ honorees will receive their awards on May 19th at a black tie dinner.
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