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Glov Presentation - FEB2016

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Glov Presentation - FEB2016

  1. 1. 412 South Maumee, Tecumseh MI 49286 – Office 517-423-9700 – Fax 519-423-9398 – www.glovellc.com
  2. 2. GLOV Mission Statement – to provide our customers with a quality product at a competitive price. GLOV Management philosophy: • Provide a clean and safe work environment • Maintain capable production equipment • Encourage Employee training programs • Lean Manufacturing Mind-Set • Commitment to Customer Satisfaction • Commitment to Quality Management System (TS 16949 & ISO 14001) • Commitment to Continuous Improvement – Kaizen – Practical Problem Solving Reliability 412 South Maumee, Tecumseh MI 49286 – Office 517-423-9700 – Fax 519-423-9398 – www.glovellc.com
  3. 3. Privately Held Business • 2 owners funded acquisition • Secure line of Credit to fund working capital • Working Capital to Loan ratio over 2 to 1 • Owners have funded new capital of $1.5 million Quality Supply (12 month running total) • Ford - 1PPM - 1 million parts shipped FPLEA Supplier code • Bosch 2014 – 0 PPM’s • Montaplast 2014 – 9 PPM’s • CNI 2014 – <100 PPM’s Funding in place to continue growth • $2.5 million in 2011 • $4.5 million in 2012 • $7.4 million in 2013 • $10.0 million in 2014 & 2015 Key Financial Information 412 South Maumee, Tecumseh MI 49286 – Office 517-423-9700 – Fax 519-423-9398 – www.glovellc.com
  4. 4. • Company was founded in 1973 • GLOV Enterprises acquired the company in March of 2011 • ISO 9001 certification in July of 2011, TS 16949 Cert in July 2012, ISO 14001in November 2012 • 52,000 square feet in Tecumseh MI with 23 molding machines ranging from 75 ton to 1500 ton • Added 2 shot capability in October 2012 Company Information 412 South Maumee, Tecumseh MI 49286 – Office 517-423-9700 – Fax 519-423-9398 – www.glovellc.com
  5. 5. FORD NISSAN MERCEDES Tesla GM CHRYSLER BMW - other 2011 Production 2015 Production 2011 to 2015 FY – Automotive Components 412 South Maumee, Tecumseh MI 49286 – Office 517-423-9700 – Fax 519-423-9398 – www.glovellc.com
  6. 6. Tecumseh Michigan Facility 8 LiftTruckHallway150 TON 300 TON 275TON 75 TON 300TON 450TON 250TON 300TON 110TON 300TON 200TON 1000 TON500 TON 700 TON 500 TON 500 TON500 TON 75TON Chiller Water Tower Paint Room Warehousing Slow Moving Product Future Raw and WIP Shipping and Receiving Docks Shipping and Receiving Docks Warehousing Shipping/Receiving Assembly Area WIP Staging Production Production Maintenance Front Office Office Tool Storage Utility Room HOLD Oven Paint Booth Paint Booth Paint Booth Finished Raw Materials WIP 52,000 sqft 412 South Maumee, Tecumseh MI 49286 – Office 517-423-9700 – Fax 519-423-9398 – www.glovellc.com
  7. 7. Tecumseh Injection Press List 412 South Maumee, Tecumseh MI 49286 – Office 517-423-9700 – Fax 519-423-9398 – www.glovellc.com Press # Tonnage Manufacturer Robot Platen Size Shot Size 1 300 BATTENFELD Y 36 x 36 20 2 220 KRAUSS MAFFEI 28 x 28 14 3 385 KRAUSS MAFFEI Y 42 x 44 35 4 330 BATTENFELD Y 36 x 36 20 5 75 VAN DORN 21 x 21 5 6 385 KRAUSS MAFFEI Y 42 x 44 35 7 110 ENGEL 2 SHOT Y 24 x 28 Multiple 8 110 VAN DORN 22 x 22 10 9 275 KRAUSS MAFFEI Y 39 x 41 18 10 330 ENGEL Y 36 x 36 12.7 11 700 CINCINNATI Y 54 x 54 110 12 1000 VAN DORN Y 66 x 73 260 13 1500 VAN DORN Y 72 x 72 260 14 165 KRAUSS MAFEI Y 28 x 28 14 15 500 BATTENFELD Y 44 x 44 38 16 330 KRAUSS MAFFEI Y 39 x 39 27 17 500 VAN DORN 47 x 51 60 18 500 VAN DORN 48 x 48 54 19 275 KRAUSS MAFFEI 39 x 41 18 20 110 KRAUSS MAFFEI 28 x 28 8 21 110 KRAUSS MAFFEI 28 x 28 8 22 110 KRAUSS MAFFEI 28 x 28 8 23 225 CINCINNATI 22 x 22 17
  8. 8. Tecumseh Michigan Operations 412 South Maumee, Tecumseh MI 49286 – Office 517-423-9700 – Fax 519-423-9398 – www.glovellc.com
  9. 9. Open Capacity – January 2016 412 South Maumee, Tecumseh MI 49286 – Office 517-423-9700 – Fax 519-423-9398 – www.glovellc.com Press Size 75 100-200 250-300 300-400 500 700 1000 1500 # of Presses 1 6 5 5 3 1 1 1 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%
  10. 10. Rear License Plate Lamp System  Customer FORD  Exterior Component  Injection Molding  Painting  Assembly Ultra Sonic Welding  100% Testing Ford F-Series & Ranger 412 South Maumee, Tecumseh MI 49286 – Office 517-423-9700 – Fax 519-423-9398 – www.glovellc.com
  11. 11. Locking & Non-Locking Head rest Guide  Customer Faurecia / JCI  Interior Seating Component  Injection Molding – 3 8 cavity tools  7 total colors on 3 vehicle lines  Automated Assembly  PP Nissan Altima / Sentra / Versa 412 South Maumee, Tecumseh MI 49286 – Office 517-423-9700 – Fax 519-423-9398 – www.glovellc.com
  12. 12. IP & Door Trim Speaker Grill  Customer Oakwood Group  Injection Molding  Painting  TPO 412 South Maumee, Tecumseh MI 49286 – Office 517-423-9700 – Fax 519-423-9398 – www.glovellc.com Tesla Speaker Grill Cadillac IP Center BMW IP Center
  13. 13. Various Engine Components, Air Intake  Multi cavity molding with precision assembly for power train and interior safety components  Injection Molding and Assembly  PA, PP, POM, PC/ABS, Filled/Unfilled 412 South Maumee, Tecumseh MI 49286 – Office 517-423-9700 – Fax 519-423-9398 – www.glovellc.com
  14. 14. Lift Gate Components 412 South Maumee, Tecumseh MI 49286 – Office 517-423-9700 – Fax 519-423-9398 – www.glovellc.com
  15. 15. Garnish Trim Components 412 South Maumee, Tecumseh MI 49286 – Office 517-423-9700 – Fax 519-423-9398 – www.glovellc.com
  16. 16. 412 South Maumee, Tecumseh MI 49286 – Office 517-423-9700 – Fax 519-423-9398 – www.glovellc.com Console & Door Trim Injection Molding
  17. 17. Wash Cylinder  Customer Hemlock Semi Conductor  Injection Molding and Assembly  Plastic Welding, US Welding  Kynar Silicone Wash Cylinder 412 South Maumee, Tecumseh MI 49286 – Office 517-423-9700 – Fax 519-423-9398 – www.glovellc.com
  18. 18. Brush Substrates  Injection Molding and Assembly  Substrate plus Bumper  PP, PVC, Blowing Agent Commercial and Marine Brushes 412 South Maumee, Tecumseh MI 49286 – Office 517-423-9700 – Fax 519-423-9398 – www.glovellc.com
  19. 19. Continuous Improvement Equipment invest 1500 Ton Van Dorn Engel 2-Shot Ten KM 100 to 350 Ton 10 of 23 presses have 3 axis gantry robots Investment in Automation Equipment, Facility & Material Flow Upgrades Motan Central Loading System 412 South Maumee, Tecumseh MI 49286 – Office 517-423-9700 – Fax 519-423-9398 – www.glovellc.com
  20. 20. Owners Biographies Louis Farkas 1975 - 1980 Tool and Die Maker 1980 – 1984 BSME St. Clair College of Applied Engineering 1984 – 1990 Partner & Lead Engineer Plastic Design Group Inc. 1990 – 1992 Design Manager – Interior RS Minivan Accustar div. of Chrysler 1992 -1996 Advanced Engineering Manager Excel Industries 1996 -1999 Director of Sales & Engineering Fischer Automotive System 1999 -2010 Director of Sales & Engineering MollerTech LLC Gordon Young Education BS – Eastern Michigan Finance and Economics Harvard University 1989 Textron Executive Development Program 1978 – 1981 Arthur Anderson & Company Senior Auditor, CPA 1981 – 1997 Textron (ExCello, Davidson Rubber) VP Global Purchasing VP Operations VP Strategic Planning Director of Engineering Division Controller Senior Auditor. 1997-2000 Collins & Aikman CFO, President European Operations Senior VP Business Development 2000 - 2004 Reko International, Windsor, Canada COO, Board of Directors 2004 -Present GE&T, Troy, MI President 412 South Maumee, Tecumseh MI 49286 – Office 517-423-9700 – Fax 519-423-9398 – www.glovellc.com

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