| Client
Profile:
Excel Injection Molding
Located in Hattiesburg, MS, Excel Injection Molding is a small manufacturer of specialty plastic molded parts and assemblies for medical devices, automotive, electrical, and small engine industries. The company has been in business for 12 years and employs 65 full time employees.
Situation:
Excel had just moved into a new building that had been vacated by one of their competitors, nearly doubling their floor space. They needed to increase their revenue to fill excess capacity and wanted to move into the automotive market and open up access to other markets where ISO registration is a prerequisite. The company needed resources and expertise in culture change and ISO certification.
Solution:
This multi-faceted project included preparation of company owner to lead the change necessary in both culture and processes. A six-month Executive coaching model developed by the MEP.ms Institute for Transformational Leadership was initiated including weekly coaching sessions and action based self-work between sessions. This initial effort was followed by the use of a third party contractor that specializes in injection molding operations for the ISO registration preparation. The ISO effort included project management, training, and on-site audits.
Results:
The support from MEP.ms in providing executive coaching capabilities and third party ISO resource, Excel anticipates an additional $3.5M in revenue in the next 12 months and has already secured two new customers. The company has reduced inventory by $100K, and has committed $250K to investment in new equipment to support new contracts.
Testimonial:
“It would have been impossible for us to have come as far as we have in such a short time without help from the Manufacturing Extension Partnership of Mississippi. The executive coaching process has helped me better balance my personal and professional lives, and has had a direct impact on significant positive changes in our business culture. We are now able to get more done in less time, with less stress, including receiving our ISO registration on schedule and under budget. The changes we have made as a result of our work with MEP.ms are generating measureable results and have positioned us to accelerate our growth as the economy recovers.”
John Robinson, Company president
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