“We are deeply saddened by our father’s passing,” said Judith Nickse, current CEO of NEM and daughter of Bankuty. “His legacy in the packaging industry will be admired and remembered for many years to come.” Bankuty began his career in the packaging industry with Bristol Meyers Clairol in 1966 while completing his engineering degree in Bridgeport, Connecticut. He was soon named Department Head of Packaging at Clairol. It was here that an idea to build a better bottle Unscrambler would eventually develop into the founding of New England Machinery (NEM) in 1974. In the years following, Bankuty led NEM to introduce many more machines and he holds over 44 patents world-wide. In 1989, Bankuty moved the company from New Haven, CT to Bradenton, FL taking 80% of his employees with him. As a testament to his great leadership and strong character, many of these employees are still with NEM today. “His work ethic was hands-on,” said NEM employee Brett Hickman. “Though he was a great motivator and strong leader, he was never afraid to get his hands dirty.” One story circulates the NEM machine shop to this day about a time he requested a complicated machine part be produce...