Thermoformer Placon Corp. is promoting its chief financial officer to president of the company as the company eyes continued growth.

Daniel R. Gilbert has been with the Madison, Wis.-based company for seven years and succeeds Dan Mohs as president. Mohs remains chairman and CEO.

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Now that ThermoPro Inc.'s customers are beginning to recover from the effects of the COVID-19 pandemic, the company is planning some changes that will allow it to grow.

The industrial thermoformer in Duluth, Ga., saw a slowdown in the consumer products market that dented its 2021 sales,