Focus Management Group

Manufacturing Industry Experience

Paint Processor

Company:

$20M Manufacturer & Packager of Liquid-Filled and Aerosol Paint

Situation:

A privately-owned, contract manufacturer and packager of artist-quality, liquid-filled paint products and aerosol paint was in financial trouble and facing bankruptcy.

Focus Scope:

The Company engaged a Focus Professional to assume the role of Vice President of Operations to assess the operations of the Company and to assist in the turnaround process.

Tasks Performed:

  • The Focus Professional implemented a preventive maintenance program to increase line uptime.
  • Inventory levels were established for production items to increase order completion levels and improve on-time shipping performance.
  • Base parameters were established to determine which products were to run on which line.

Results:

  • With the help of the Focus Professional, line changeover decreased, headcount was reduced by 20 per cent, and scheduling was improved.
  • Following the completion of the restructuring, the Company emerged from bankruptcy, returned to profitability, and was subsequently sold to a major NYSE listed Company for $25 million.
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Articles

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Press

Focus Management Group Completes Its Role as Receiver for Campus Book Rentals

Chicago, IL, August 3, 2017 – Focus Management Group (FMG) was appointed receiver of Campus Book Rentals on...

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