Home | Business News | Browse by Publication | C | Crain's Detroit Business

Slimming down helps firm stay in parts race.

Publication: Crain's Detroit Business
Publication Date: 15-MAR-04 		Format: Online - approximately 722 words
Delivery: Immediate Online Access
Full Article Title: Slimming down helps firm stay in parts race.(News)

Article Excerpt
Byline: Laura Bailey

In 1999, Romulus-based Aztec Manufacturing Corp. had a problem: as a smaller tier-one supplier for Ford Motor Co., it had to begin aggressively cutting costs to remain competitive.

So, the company dove headfirst into lean manufacturing but took the concept beyond just the production line. Aztec saved $1.3 million in operating costs last year through manufacturing process improvements. It also significantly reduced energy costs, workers' compensation costs and the number of workplace injuries, and started training programs to teach lean concepts throughout the company, said Chairman and CEO Frank Lopez.

"It's about creating a culture in our organization, and we're still working on it,''...

View this article FREE - Now for a Limited Time, try Goliath Business News
Free for 3 Days!



More articles from Crain's Detroit Business
This Just In.(Wayne County Health Authority ), March 15, 2004
Federated, May chains likely suitors for Field's.(News), March 15, 2004
Masco finds installation a nice addition to its business.(News), March 15, 2004
Retail, self-storage mix in Canton Twp. project.(News), March 15, 2004
Going mobile; Marketer takes products to where customers live, work, p..., March 15, 2004

Looking for additional articles?
Search our database of over 3 million articles.

Looking for more in-depth information on this industry?
Search our complete database of Industry & Market reports by text, subject, publication name or publication date.

About Goliath
Whether you're looking for sales prospects, competitive information, company analysis or best practices in managing your organization, Goliath can help you meet your business needs.

Our extensive business information databases empower business professionals with both the breadth and depth of credible, authoritative information they need to support their business goals. Whether it be strategic planning, sales prospecting, company research or defining management best practices - Goliath is your leading source for accurate information.