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NewAge goes green with zero waste
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SOUTHAMPTON, Pa.—NewAge Industries recently celebrated a significant green achievement: It's now a zero-waste organization. All waste is reused, recycled or disposed of by combustion at a...
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SOUTHAMPTON, Pa.—NewAge Industries recently celebrated a significant green achievement: It's now a zero-waste organization. SOUTHAMPTON, Pa.—NewAge Industries recently celebrated a significant green achievement: It's now a zero-waste organization. $SOUTHAMPTON, Pa.—NewAge Industries recently celebrated a significant green achievement: It's now a zero-waste organization.
Santoprene still growing after 40 years
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HOUSTON—Forty years after its introduction, Santoprene thermoplastic vulcanizate is growing faster than ever, claiming about 45 percent of the world's TPV market. There are many reasons for ...
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HOUSTON—Forty years after its introduction, Santoprene thermoplastic vulcanizate is growing faster than ever, claiming about 45 percent of the world's TPV market. HOUSTON—Forty years after its introduction, Santoprene thermoplastic vulcanizate is growing faster than ever, claiming about 45 percent of the world's TPV market. $ HOUSTON—Forty years after its introduction, Santoprene thermoplastic vulcanizate is growing faster than ever, claiming about 45 percent of the world's TPV market.
Nexen breaks ground on Ohio technical center
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RICHFIELD, Ohio—Nexen Tire Corp.'s technical presence in the U.S. is about to get significantly bigger.The firm broke ground on its 34,000-sq.-ft. technical center in Richfield on Oct. 17,...
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RICHFIELD, Ohio—Nexen Tire's technical presence in the U.S. is about to get significantly bigger. RICHFIELD, Ohio—Nexen Tire's technical presence in the U.S. is about to get significantly bigger. $RICHFIELD, Ohio—Nexen Tire's technical presence in the U.S. is about to get significantly bigger.
Wacky World of Rubber: Follow the bouncing ball
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The science of rubber can take a lot of shapes. Sometimes, it can be a ball, both figuratively and literally. Alliance Rubber Co. in Hot Springs, Ark., is partnering with the Mid-America Science...
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The science of rubber can take a lot of shapes. Sometimes, it can be a ball, both figuratively and literally. The science of rubber can take a lot of shapes. Sometimes, it can be a ball, both figuratively and literally. $The science of rubber can take a lot of shapes. Sometimes, it can be a ball, both figuratively and literally.
Roembke sees growth from LSR specialization
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OSSIAN, Ind.—Roembke Manufacturing & Design Inc. is seeing growth thanks to its specialization in tooling for liquid silicone rubber injection molders.In September, Roembke opened a 9,...
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OSSIAN, Ind.—Roembke Manufacturing & Design is seeing growth thanks to its specialization in tooling for liquid silicone rubber injection molders. OSSIAN, Ind.—Roembke Manufacturing & Design is seeing growth thanks to its specialization in tooling for liquid silicone rubber injection molders. $OSSIAN, Ind.—Roembke Manufacturing & Design is seeing growth thanks to its specialization in tooling for liquid silicone rubber injection molders.
Hankook opens first U.S. manufacturing plant
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CLARKSVILLE, Tenn.—Hankook Tire America Corp. held a grand opening ceremony Oct. 17 for its first U.S. manufacturing facility. The $800 million plant in Clarksville is expected to bring 1,...
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CLARKSVILLE, Tenn.—Hankook Tire America held the grand opening ceremony for its first U.S. manufacturing facility, an $800 million plant in Clarksville. CLARKSVILLE, Tenn.—Hankook Tire America held the grand opening ceremony for its first U.S. manufacturing facility, an $800 million plant in Clarksville. $CLARKSVILLE, Tenn.—Hankook Tire America held the grand opening ceremony for its first U.S. manufacturing facility, an $800 million plant in Clarksville.
Thermoid strives to build off long history
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DUBLIN, Ohio—The Thermoid brand has been around since 1883, and the team at HBD/Thermoid Inc. is working hard to ensure the venerable name remains a force in today's competitive industrial...
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DUBLIN, Ohio—The Thermoid brand has been around since 1883, and the team at HBD/Thermoid Inc. is working hard to ensure the venerable name remains a force in today's competitive industrial rubber goods business. DUBLIN, Ohio—The Thermoid brand has been around since 1883, and the team at HBD/Thermoid Inc. is working hard to ensure the venerable name remains a force in today's competitive industrial rubber goods business. $ DUBLIN, Ohio—The Thermoid brand has been around since 1883, and the team at HBD/Thermoid Inc. is working hard to ensure the venerable name remains a force in today's competitive industrial rubber goods business.
NAFTA briefing offers little reassurance to business community
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ARLINGTON, Va.—U.S. trade negotiators offered no reassurances during a recent invitation-only briefing for industry and public interest stakeholders that the North American Free Trade...
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ARLINGTON, Va.—U.S. trade negotiators offered no reassurances during a recent invitation-only briefing for industry and public interest stakeholders that the North American Free Trade Agreement would survive increasingly contentious talks. ARLINGTON, Va.—U.S. trade negotiators offered no reassurances during a recent invitation-only briefing for industry and public interest stakeholders that the North American Free Trade Agreement would survive increasingly contentious talks. $ARLINGTON, Va.—U.S. trade negotiators offered no reassurances during a recent invitation-only briefing for industry and public interest stakeholders that the North American Free Trade Agreement would survive increasingly contentious talks.
Continental's U.S. tire plant on schedule for 2019
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CLINTON, Miss.—Site clearing for Continental A.G.'s $1.4 billion commercial truck/bus tire plant near Clinton is nearly finished, which according to the firm keeps the project on schedule to ...
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CLINTON, Miss.—Site clearing for Continental's $1.4 billion commercial truck/bus tire plant near Clinton is nearly finished, which according to the firm keeps the project on schedule to begin tire production by year-end 2019. CLINTON, Miss.—Site clearing for Continental's $1.4 billion commercial truck/bus tire plant near Clinton is nearly finished, which according to the firm keeps the project on schedule to begin tire production by year-end 2019. $CLINTON, Miss.—Site clearing for Continental's $1.4 billion commercial truck/bus tire plant near Clinton is nearly finished, which according to the firm keeps the project on schedule to begin tire production by year-end 2019.
Michelin to double capacity at India manufacturing plant
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CHENNAI, India—Michelin has inaugurated a new production line at its Chennai plant that will help double the current capacity of the facility by 2018, the company said on Oct. 11. The plant ...
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CHENNAI, India—Michelin has inaugurated a new production line at its Chennai plant that will help double the current capacity of the facility by 2018, the company said on Oct. 11. CHENNAI, India—Michelin has inaugurated a new production line at its Chennai plant that will help double the current capacity of the facility by 2018, the company said on Oct. 11. $CHENNAI, India—Michelin has inaugurated a new production line at its Chennai plant that will help double the current capacity of the facility by 2018, the company said on Oct. 11.
Digital Edition
Digital Edition
Published on June 1, 2005

Innovation for Breakthrough New Business Growth Strategy

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Date Published June 1, 2005
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There are two ways to increase the profitability of an enterprise. One way is to reduce operating expense. Another way is to create profitable new business growth. Many organizations are achieving excellent results in optimizing operations and reducing operating expense by incorporating a Six Sigma approach or other forms of Total Quality Management. However, few companies recognize that this is also a powerful contributor to improve their approach for creating new business growth, which is a more sustainable way to increase profitability. The basic premise of a Six Sigma approach is to understand that everything we do evolves around processes. Once we understand the process we use to identify new products/services, we can establish measurements on process performance. Once we have measurements, we can apply statistical techniques to reduce process variability. Our journey towards new business growth performance excellence has begun. 
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