“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.
