Haynes Lean Six Sigma Program

Mark Comerford, President and CEO of Haynes International, discusses the company's results and highlights its Lean Six Sigma program which is focused on delivering operational efficiency. Haynes improvement culture extends to the environmental discipline where its has driven energy cost savings. ...

... "We’ve also expanded the use of key metrics across our business focusing on cost reduction initiatives and extending our Lean and Six Sigma programs. During the year, we were also nominated for the 2009 Indiana Governor’s Award for Environmental Excellence, and we were recognized by Indiana Lieutenant Governor Becky Skillman, for environmental stewardship. Furthermore, working with Purdue University and US Department of Energy, we’ve taken on initiatives in our plants, which we estimate will result in savings of approximately $300,000 in annual energy costs. " ...

Via Seeking Alpha: Haynes International Earnings

More on the Haynes and Purdue collaboration ...

Purdue Manufacturing Extension Partnership project with Haynes International: "Haynes implemented a five-person Energy Savings Team to identify and implement energy savings projects ... Haynes expects to see natural gas cost savings of nearly $360,000 annually upon the completion of all the EES projects. "