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From Site Selection magazine, January 2005

Name: Kenneth Witter
Title & Organization: Director of Real Estate, Rexnord Industries Inc., Milwaukee, Wis.
Portfolio: The Rexnord portfolio consists of 104 owned and leased locations in 15 countries, totaling over 4 million sq. ft. (371,600 sq. m.).

    Which products does your company manufacture?
   Rexnord manufactures and markets power transmission products, systems and components (bearings, couplings and conveyor equipment), as well as aerospace products and specialty components (brakes and clutches, bearings and seals, mechanical and materials engineering services).
      To whom do you report?
     I report directly to the CFO of Rexnord Industries.
      How many years have you worked in the profession?
     I have worked in the real estate/facilities management area for 34 years.
      Where and what did you study?
     I studied at Gateway Technical Institute, Kenosha, Wis., and have an associate degree in industrial marketing.
      Describe the most important transaction or project for which you were responsible.
     The most challenging project I have directed involved site selection, design/build management and move management into a plastics injection manufacturing facility in Grafton, Wis. The fact that it was a "turnkey" project — everything from site selection to move — made it particularly challenging.
      What is the biggest professional challenge you face on a regular basis?
     My biggest ongoing challenge is staying current on the many laws and regulations that affect my projects, including those concerning environmental issues, health and safety, property tax laws and building codes. They vary from state to state and change frequently. Another challenge is staying on budget in a fluctuating economy.
      How is the role of the Director of Real Estate evolving?
     I see an increasing use of outsourcing of duties and responsibilities in order to assist with an increasing workload and more reporting responsibilities, especially with respect to Sarbanes-Oxley Act requirements.
      Which technology do you consider to be essential in your professional life?
     The Internet — particularly economic development agencies' Web sites — portfolio management software and access to a database of construction cost data are the most important technologies to me.
      What is the value of IAMC membership to you?
     I receive the greatest value from IAMC membership from the networking opportunities available at the Professional Forums.

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