Inorganic Ventures, a manufacturer of high-quality analytical inorganic standards for testing in a wide range of industries, today announced the addition of a new Enterprise Development division. Led by Justin Yalung, Chief Operating Officer, the company’s Enterprise Development arm will have overall authority for developing new products and expanding the organization’s portfolio.
“The Enterprise Development division will play an integral role in defining future expansion efforts of Inorganic Ventures,” said Yalung. “The newly appointed team will be instrumental in exploring the intersection of the company’s core business capabilities and decades of experience with its existing customer base and the limitless market opportunities that the company can expand into.”
As part of the announcement, the company has appointed Tyler Farnsworth, Ph.D., to the newly created role of Head of Product Development. In this role, he will have oversight and responsibility for identifying and developing new products and expanding existing product applications to penetrate markets outside the company’s core business lines.
Prior to joining Inorganic Ventures, Dr. Farnsworth served as a Research Scientist with Luna Innovations where he conducted applied materials research and product development bridging the military and commercial sectors. He was the lead Principal Investigator on multiple Phase I and II SBIR government R&D projects where he was involved with proposal writing, project management, and directing the development of new technologies. Farnsworth earned his doctorate at the University of North Carolina at Chapel Hill and a bachelor’s degree from the University of South Carolina Upstate.
The company also promoted Tom Borak to the newly created role of Head of Commercial Development. His responsibility will include overseeing the company’s expansion into new product lines, additional services, and growing business. Borak previously served as Customer Experience Manager for the organization.