FactoryWiz Announces Richard L. Hefner as President

ORVALLIS, Oregon, January 4, 2021 – FactoryWiz, part of the Refresh Your Memory, Inc (RYM) family and a leading provider of machine and asset monitoring software, recently announced that Richard L. Hefner has been named as President.  Mr. Hefner previously served as Executive Vice President for the company.

A graduate of San Jose State University (Business Administration and Information Systems), Mr. Hefner has more than 22 years employment with RYM in almost every position of the company. The last 10 years have been in senior management along with equity ownership.  As a company manager, stockholder and member of the board, Mr. Hefner has shown an extensive ability to provide leadership for the growing company.

“Richard is the right leader for FactoryWiz,” said John Hosmon, RYM’s Chairman of the Board. “Richard’s extensive manufacturing technology background and business development skills should help RYM strengthen channel partnerships, develop strategic alliances and expand our international sales presence. We believe his strong leadership experience will help focus RYM during their continued expansion and growth.”

“This is an exciting time at FactoryWiz.  Manufacturing is running head-on into the Internet of Things, and we’ve got the right people to bridge that knowledge gap between manufacturing, management, and IT” notes Hefner.  “We’re not just making software – we’re the field experts in this arena. We help production get what they want but we do it in a way that allows IT managers to sleep at night. We are in an excellent place to take advantage of the trend toward private clouds while keeping the manufacturing equipment itself off the internet.  Establishing OEE baselines and providing the necessary reporting tools to measure them is the future of our industry.”

As a senior member of the corporation, Richard has successfully maneuvered the company through several growth phases and improvements, developed the FactoryWiz Monitoring & DNC software product, moved the company headquarters from San Jose, CA to Corvallis, OR and managed vast trade show exhibitions around the country and internationally.

As the company welcomes Rich, they also express gratitude to John Hosmon who has served tirelessly as founder and President since the inception in 1983.  Mr. Hosmon will continue to serve as Board Chairman and maintain his service with RYM in a position that he truly enjoys, Executive Sales Administrator. Thank you, John!

Moving forward, the FactoryWiz team is excited for continued success, growth and impending innovation under the leadership of Mr. Richard Hefner.




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