Despite trying to meet challenges from foreign competition by controlling costs, this supplier to the transportation industry was seeing a decline in sales due to imports. They turned to GLTAAC for help and were recently approved to start using their $75,000 in TAAF matching funds.
The manufacturer is ready to get started right away with the projects in their TAAF Adjustment Plan. First up will be a focus on their top line with a market research project targeting their diversification goal. Soon after, they’ll shift to improving internal efficiencies with a project to help them make progress with Lean and Industry 4.0 implementation. Total cost for these initial efforts: $90K (TAAF will pay half).
