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Auto industry grapples with multiple forces shaking up business
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DETROIT—It's an exciting time to be in the automotive industry, but that also means there's plenty of uncertainty to go around.With trade relations going under the knife, emerging vehicle...
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DETROIT—It's an exciting time to be in the automotive industry, but that also means there's plenty of uncertainty to go around. DETROIT—It's an exciting time to be in the automotive industry, but that also means there's plenty of uncertainty to go around. $DETROIT—It's an exciting time to be in the automotive industry, but that also means there's plenty of uncertainty to go around.
Bridgestone to expand Tennessee truck tire plant
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MORRISON, Tenn.—Bridgestone Americas Inc. is planning to break ground later this year on an expansion that will increase capacity at its Warren County, Tenn., truck/bus tire plant by about 8 ...
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MORRISON, Tenn.—Bridgestone Americas is planning to break ground later this year on an expansion that will increase capacity at its Warren County, Tenn., truck/bus tire plant by about 8 percent. MORRISON, Tenn.—Bridgestone Americas is planning to break ground later this year on an expansion that will increase capacity at its Warren County, Tenn., truck/bus tire plant by about 8 percent. $MORRISON, Tenn.—Bridgestone Americas is planning to break ground later this year on an expansion that will increase capacity at its Warren County, Tenn., truck/bus tire plant by about 8 percent.
Coker Tire CEO Wade Kawasaki, investor group take ownership of company
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CHATTANOOGA, Tenn.—A group of Coker Group executives, led by President and CEO Wade Kawasaki, has partnered with Irving Place Capital to acquire the supplier of collector car and motorcycle...
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CHATTANOOGA, Tenn.—A group of Coker Group executives, led by President and CEO Wade Kawasaki, has partnered with Irving Place Capital to acquire the supplier of collector car and motorcycle tires and wheels. CHATTANOOGA, Tenn.—A group of Coker Group executives, led by President and CEO Wade Kawasaki, has partnered with Irving Place Capital to acquire the supplier of collector car and motorcycle tires and wheels. $CHATTANOOGA, Tenn.—A group of Coker Group executives, led by President and CEO Wade Kawasaki, has partnered with Irving Place Capital to acquire the supplier of collector car and motorcycle tires and wheels.
New technology may separate ethylene from ethane more efficiently
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SAN ANTONIO—Researchers are finding unusual ways to cut the production cost for ethylene. Cracking naphtha from crude oil is an important ethylene production route. However, this reaction...
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SAN ANTONIO—Researchers are finding unusual ways to cut the production cost for ethylene. SAN ANTONIO—Researchers are finding unusual ways to cut the production cost for ethylene. $SAN ANTONIO—Researchers are finding unusual ways to cut the production cost for ethylene.
Photos: Semperit expands Czech hose plant
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VIENNA—The Semperit Group invested $30.4 million in an expansion at the Semperflex Optimit s.r.o. location in Odry, Czech Republic. The expansion increases production capacity to 109...
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VIENNA—The Semperit Group invested $30.4 million in an expansion at the Semperflex Optimit location in Odry, Czech Republic. VIENNA—The Semperit Group invested $30.4 million in an expansion at the Semperflex Optimit location in Odry, Czech Republic. $VIENNA—The Semperit Group invested $30.4 million in an expansion at the Semperflex Optimit location in Odry, Czech Republic.
Toyoda Gosei expands in China with acquisition of Hubei Rock
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KIYOSU, Japan—Toyoda Gosei Co. Ltd. is purchasing a majority stake in Hubei Rock Rubber and Seal Technology Co. Ltd. to strengthen its automotive parts business in China. The deal is...
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KIYOSU, Japan—Toyoda Gosei is purchasing a majority stake in Hubei Rock Rubber and Seal Technology to strengthen its automotive parts business in China. KIYOSU, Japan—Toyoda Gosei is purchasing a majority stake in Hubei Rock Rubber and Seal Technology to strengthen its automotive parts business in China. $KIYOSU, Japan—Toyoda Gosei is purchasing a majority stake in Hubei Rock Rubber and Seal Technology to strengthen its automotive parts business in China.
Continental completes NVH footprint with Cooper Standard deal
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NOVI, Mich.—Certain opportunities are just too perfect to pass up. Continental A.G.'s Vibration Control business, which produces anti-vibration parts like engine mounts for the automotive...
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NOVI, Mich.—Continental's Vibration Controls business has agreed to acquire Cooper Standard's Anti-Vibration Systems business for $265.5 million, subject to closing conditions and antitrust approval in the relevant countries. NOVI, Mich.—Continental's Vibration Controls business has agreed to acquire Cooper Standard's Anti-Vibration Systems business for $265.5 million, subject to closing conditions and antitrust approval in the relevant countries. $NOVI, Mich.—Continental's Vibration Controls business has agreed to acquire Cooper Standard's Anti-Vibration Systems business for $265.5 million, subject to closing conditions and antitrust approval in the relevant countries.
DuPont to build $80 million plant in China
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ZHANGJIAGANG, China—DuPont Transportation & Advanced Polymers is investing more than $80 million to build a new manufacturing facility in Zhangjiagang that will produce "compounded high-...
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ZHANGJIAGANG, China—DuPont Transportation & Advanced Polymers is investing more than $80 million to build a new manufacturing facility in Zhangjiagang that will produce "compounded high-end engineering plastics and adhesives." ZHANGJIAGANG, China—DuPont Transportation & Advanced Polymers is investing more than $80 million to build a new manufacturing facility in Zhangjiagang that will produce "compounded high-end engineering plastics and adhesives." $ZHANGJIAGANG, China—DuPont Transportation & Advanced Polymers is investing more than $80 million to build a new manufacturing facility in Zhangjiagang that will produce "compounded high-end engineering plastics and adhesives."
Japan's auto makers wonder how to go more 'local' under USMCA
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TOKYO—North America's auto makers face a new reality of sourcing vehicle content under the free-trade deal agreed to by the U.S., Canada and Mexico. But for Japan's auto companies, the...
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TOKYO—North America's auto makers face a new reality of sourcing vehicle content under the free-trade deal agreed to by the U.S., Canada and Mexico. But for Japan's auto companies, the moment is particularly worrisome. TOKYO—North America's auto makers face a new reality of sourcing vehicle content under the free-trade deal agreed to by the U.S., Canada and Mexico. But for Japan's auto companies, the moment is particularly worrisome. $TOKYO—North America's auto makers face a new reality of sourcing vehicle content under the free-trade deal agreed to by the U.S., Canada and Mexico. But for Japan's auto companies, the moment is particularly worrisome.
BKT plans $100 million investment for U.S. tire plant
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MAHARASHTRA, India—Off-highway tire manufacturer Balkrishna Industries Ltd. (BKT) is budgeting $100 million for the plant it is planning to build in the U.S., the company disclosed in a Nov. ...
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MAHARASHTRA, India—Off-highway tire manufacturer Balkrishna Industries is budgeting $100 million for the plant it is planning to build in the U.S. MAHARASHTRA, India—Off-highway tire manufacturer Balkrishna Industries is budgeting $100 million for the plant it is planning to build in the U.S. $MAHARASHTRA, India—Off-highway tire manufacturer Balkrishna Industries is budgeting $100 million for the plant it is planning to build in the U.S.
Digital Edition
Digital Edition
Published on January 1, 2006

Lean Manufacturing at Lord Corporation

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Date Published January 1, 2006
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This Report has been authored by:Matt Fair at Lord Corp. #with# Jim Willett at Lord Corp.

In the current economic climate, many companies have lowered prices in response to their customers’ demands and competition while incurring higher costs for labor, benefits, and raw materials. The Lord Corporation relies on productivity improvement from its lean-manufacturing program to mitigate the resulting squeeze on profit. Lean-manufacturing programs have, in fact, become a pervasive tactic to improve productivity for companies in all industries. Kaizen projects are a common component of lean-manufacturing programs whereby process performance is substantially improved by the concentrated effort of a work team over several days. The students of the semester-in-manufacturing course at Cornell University’s Johnson School were able to learn about kaizen projects by participating hands-on with the Lord Corporation in 2002 and 2003. They learned about continuous-improvement processes in a real-world manufacturing plant and gleaned general insights into organizational issues. The Lord Corporation benefited from the students’ fresh perspective and the opportunity to highlight the kaizen projects and its lean-manufacturing program with its employees. The Lord-SiM alliance provides a model for an educational program that bridges the classroom world of education and theory and the real world where that theory must be applied. The alliance also revealed tactics for successfully managing kaizen projects. 
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