Industrial Products

$125MM, Private Equity owned, leader in engraving and marking solutions with 3 locations, retained one of our executives as interim COO to improve company performance post-acquisition. Work entailed reducing and improving costs across manufacturing, procurement and SG&A. Restructuring included the global supply chain, footprint reduction and standardization of R&D. Total project savings of €9MM.

The world's largest Aerosol and Pump dispensing business with 17 world-wide locations tripped Bank covenants and required a massive workout. Over 16 months, numerous facilities were rationalized while others greatly improved through Operational Restructuring techniques. EBITDA was restored to $12.5MM from a loss of $15MM, which allowed for new ownership and financing transactions.

As interim COO for a leading Aluminum trailer manufacturer, Private Equity owned, with uncontrolled purchasing, high turnover, manufacturing and quality issues, which resulted in late orders and cash flow issues and needed immediate attention.  Changed manufacturing scheduling processes, implemented Quality procedures, stabilized Plant Manager turnover and centralized commodity procurement.  Results included a 20% increase in output, 33% improvement in quality, 20% reduction in cost and 21% reduction in inventory.  Total project savings of $6.0MM.