Advanced Adhesive Technologies president and CEO Benny Wood announced that he plans to step down from his role as president, and continue working with the company he co-founded as CEO. Wood and CFO Howard "J.R." Burchett named company veteran Gregory P. Wood the new president.

Gregory Wood, who has spent 14 years with AAT, was most recently vp and general manager. According to Benny Wood, "Greg Wood has positioned himself to lead the company and to maximize our new facilities for future sales growth, new product development and expanded distribution."

As part of its 20th year anniversary, AAT recently opened a new, 28,000 square-foot facility at 419 S. Glenwood Ave. in Dalton, Ga. The building houses a research and development department, installation lab, and training center. Future plans call for a shipping and distribution center, according to AAT.