ByMichael A. VerespejAt A Glance
- Scrap/rework reduced from 2.1% of sales to 0.2% of sales in the last five years.
- Total inventory down 23% in the last five years.
- Work-in-progress inventory down 50% in the last five years.
- Sales volume at the two plants up 55% in the last year.
- Sales per man-hour up 21% in the last year.
- Number of lost-day injuries at the two plants reduced by 80% since 1990.
- Productivity up 72% in five years.
- Annualized return on assets, 21.1% last March.