Company Overview

Over the last 26 years Chris has guided AGS from a start-up molder to a leading supplier of injection molded parts made from recycled plastics.

Chris grew up in Glenview IL, attended New Trier high school and graduated Honors with a Bachelor of Science in Psychology from the University of Iowa.  After graduation and a few weeks backpacking in Europe, Chris joined MRC Polymers, a Chicago based compounder of recycled plastic pellets. Chris started on the production floor and realized the importance of a strong quality management system to make consistent product from plastic regrind. Chris soon became Quality Assurance Manager and as the product improved moved to a technical sales position.

Chris’ unique experience in production, quality, and technical sales was the genesis of AGS Technology. Chris realized there was an opportunity to direct inject regrind into a plastic part saving cost, a heat history, and the finger pointing between the OEM, molder, and raw material supplier. In 1995 Chris co-founded AGS Technology with two injection molding machines and a lot of adrenaline.

Chris’ personal mantra can be summed up in three words; Learn-Earn-Return.

• Learn – There is no such thing as an expert. There are always opportunities to improve and become better.
• Earn – Money pays the bills, but more important is the respect and satisfaction of working with others on a challenging project.
• Return – Always give back to help customers, colleagues and community succeed.

Chris is married with three children and lives in the Chicago area. In his free time Chris enjoys being with family, watching his beloved Chicago sports teams, playing basketball, and participating in motorsport events.

George has served in many roles at AGS, leading Sales, recycled raw material procurement, and developing recycled polymer compounds.

George graduated from Wayne State University and has spent his 50+ year career in the plastics industry. Early on, George focused on ”up-cycling” various plastic waste streams by converting them into higher value products.  For decades, George has been a realist of the recycling dilemma and helped found and lead numerous companies by developing cutting-edge recycling processes.

He is past president of the Society of Plastic Engineers Recycling Division and has presented technical papers, and written numerous articles for, the Society of Automotive Engineers, the Society of Plastics Engineers, the Society of American Chemical Engineers, National Plastics Exposition, Plastics News, Plastics Engineering, local/national governmental conferences, and other industries.

George has a lot of experience in various aspects of plastics recycling technology, including de-polymerization, melt phase compounding, polymer modification, and application development.  Highlights of his career include being the technical lead in the launch of MRC Polymers and the subsequent co-founding of AGS Technology in 1995. Interestingly enough, AGS Technology gets its name from George’s initials (his first name is Aras), as he and business partner Chris Racelis told each other that the company would be named after whomever left their current employer first. Now, when asked what “AGS” stands for, George replies “All Good Stuff.”

George is married with two children and two grandchildren and lives in the Chicago area. In his free time, he takes his 1966 BSA motorcycle on long rides in the country. He and his wife Ruta love to travel and they go fishing whenever they can.

Terry Moore joined AGS Technology in 2018 to develop a strategic plan for the company to recapitalize and reposition the company for its next chapter of growth. Since then, he has also transitioned into financial and operational roles, currently serving as Chief Financial Officer. In 2009, he founded Best Way Advisors, which currently provides strategic guidance to multiple organizations in advisory, senior management, and board capacities with companies in the technology, education, publishing, agriculture, manufacturing, and construction industries.

He was a founding partner of Wrightwood Capital, a privately held commercial real estate finance and fund management company headquartered in Chicago and operating nationally.  He served as Managing Director & Chief Financial Officer from 2003 through 2009.  Mr. Moore also served as a voting member of Wrightwood Capital’s Executive and Investment Committees. Responsibilities encompassed development and oversight of the company’s strategy, financing, reporting, loan servicing, and infrastructure, which included all aspects of accounting, treasury, legal, risk management, human resources, and technology.

Prior to joining Wrightwood Capital, from early 1997 through 2003, Mr. Moore served concurrently as Chief Operating Officer and Chief Financial Officer for Cohen Financial, a privately held commercial real estate finance and investment banking company headquartered in Chicago and operating nationally. He was responsible for overseeing acquisitions, operations, and finance for the company.

Earlier in his career, Mr. Moore served as the Chief Financial Officer for a newly created commercial real estate company in Chicago, managed a national portfolio of commercial real estate assets for Jones Lang LaSalle, a Chicago-based international real estate company, and was a Senior Manager for PricewaterhouseCoopers in Chicago and Los Angeles as a practicing Certified Public Accountant focused primarily on public security filings, auditing, and consulting for real estate companies.

Mr. Moore received his BS in Business, with an emphasis in Accounting from the Marshall School of Business at the University of Southern California.  He is married and has lived in the Barrington, Illinois area for many years. He is also active in his community, serving on several boards, including the Finance Chairman on a board of an international non-profit organization for many years.

AGS Technology is excited to announce the addition of Sales Manager, Steve Racelis. He comes to AGS with over 20 years sales management experience in the automotive industry working for companies such as Uniform Color, Johnson Controls, Prince, and MRC Polymers. Steve recently spent 11+ years in education helping a fast-growing company grow from $5 million in revenue to $150+ million.

“I’m excited to work for the leader in recycled plastics being up-cycled into molded parts. I have not seen anyone doing what AGS does and I’m excited to expand it’s reach!” said Steve. Some of the things that excite Steve as he embarks on this new chapter are:

• 25 years of a spotless delivery record to some of the worlds’ most demanding customers.
• The leader in recycled plastics finding homes in high-end applications.
• Strength of position in automotive while eagerness to grow non-automotive customers too.
• Leadership team stability of 25+ years at AGS and 30+ years together.
• Domestic supply position, located in the heart of the Midwest.
• Excitement to expand representation with non-automotive reps.

Steve added, “there is so much rich history at AGS! I can’t believe I get a chance to work with this great team of innovators.” He also said his work with George and Chris at MRC Polymers remains a highlight of his career. A huge plus is the family relationship and obvious bond with brother Chris Racelis, President of AGS Technology. This is going to be an exciting chapter for Steve and AGS in 2020 and beyond!