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Kerstin Forrester, President May 20, 2005

Kerstin Forrester, President May 20, 2005. BACKGROUND. Purchased Stonebridge in December 1998 Typical Machine Shop Autocratic “Seat-of-the-pants” management No employee training Lacked focus on changing customer needs Turn-around strategy & Culture change. IMPROVEMENT EFFORTS.

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Kerstin Forrester, President May 20, 2005

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  1. Kerstin Forrester, President May 20, 2005

  2. BACKGROUND • Purchased Stonebridge in December 1998 • Typical Machine Shop • Autocratic • “Seat-of-the-pants” management • No employee training • Lacked focus on changing customer needs • Turn-around strategy & Culture change

  3. IMPROVEMENT EFFORTS • Pathways participants – Lean Manufacturing • Sponsored by ONR, BIW, MEP • Assessed all facets of company • Order processing • Customer service • Manufacturing Processes • Received training grant from ONR - 2000 • Mass Workforce Training Grant - 2003

  4. MEP Training • Lean Principles • Value Stream Mapping • 5-S • Set-up reduction • Continuous Improvement • Team Building • QMS => ISO compliant

  5. Cost Reductions • Material costs reduced by 28% • Rejections & reworks reduced 6% • Productivity improved 60% vs. early 1999 • Break-even sales reduced by 25%

  6. INVESTMENTS • Relocated business - 2003 • Modern facility – 13,500 square feet • Installed 3 new HAAS machines • VF6 CNC Vertical Machining Center • VF2 CNC Vertical Machining Center • CNC Toolroom Lathe • MIG & TIG Welding Equipment

  7. WHO WE ARE • Full-Service Machining & Welding Shop • Markets Served: • Defense • Oceanography • Medical Instruments • High-Tech • OEM

  8. WHAT WE DO • Prototype to Production • CNC Milling & Turning • All metals • Composites • Mechanical Assembly • Certified Welding

  9. OUR TEAM • It doesn’t work without TEAM INVOLVEMENT! • This Team makes it happen!

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