MSI Growth


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  • MSI Growth

    1. 1. Growth and Future Opportunities February 2009
    2. 2. BACKGROUND <ul><li>Robert Correa, President, has 38 years industry experience including 29 years as Vice President of Correa Machine and Tool Company, Inc. </li></ul><ul><li>The business was incorporated by Mr. Correa’s father in 1970 providing precision machining support to industry in the Washington, D.C. area. </li></ul><ul><li>In 1998, Mr. Correa relocated to Prince Georges County MD and incorporated the business as MSI. </li></ul><ul><li>MSI again relocated to Wicomico County MD to take advantage of the manufacturing industry with a large employment pool and considerably lower operating expenses. </li></ul>
    3. 3. LOCATION and FACILITY 27120 Ocean Gateway Hebron, Maryland 21830 Our facility is 47,000 sq feet with environmentally controlled offices on two floors. Ample power and air pressure are located throughout the building to support the CNC equipment for manufacturing. There is a separate area for assembly, inventory, product storage, and shipping & receiving. Quality Assurance is located within an environmentally controlled area to support dimensional verification to one ten-thousandth of an inch.
    4. 4. Capabilities <ul><li>Precision Machining </li></ul><ul><li>Sheet Metal Fabrication </li></ul><ul><li>Computer Aided Design </li></ul><ul><li>Reverse Engineering </li></ul><ul><li>Concurrent Engineering </li></ul><ul><li>Rapid Prototyping </li></ul><ul><li>Welding </li></ul><ul><li>Producibility </li></ul>MSI performs manufacturing services for military avionics, ground and space vehicles, weapons and medical instruments in support of aerospace, military and commercial industries. Our dedication to Continuous Process Improvement and training provides the MSI labor pool the skill level to implement the latest processes and technology. <ul><li>Product Ruggedization </li></ul><ul><li>Dip Brazing </li></ul><ul><li>Plating </li></ul><ul><li>Painting (CARC) </li></ul><ul><li>Precision Masking </li></ul><ul><li>Mechanical Assembly </li></ul><ul><li>Electromechanical Assembly </li></ul>
    5. 5. MSI Equipment <ul><li>One (1) Okuma LT200-M TWIN STAR Opposed Twin Spindle Turning Center (purchased 2008) </li></ul><ul><li>One (1) Doosan Lathe PUMA TT 1800 Multi-Axis Y Axis Turning Center with two (2) Independent Turrets, 2 5/8 diameter bar capacity with bar feeder (purchased 2008) </li></ul><ul><li>One (1) Standard Resistance Projection Welder, Type PPO-12-50, Style AP, 50 KVA (purchased 2008) </li></ul><ul><li>Two (2) Matsuura VF-760 VX-DC Twin Spindle Palletized Vertical Machines 30 ATC </li></ul><ul><li>Two (2) Matsuura MC-800-VF Vertical Machines, 30 ATC and four (4) Axis Indexing Head </li></ul><ul><li>One (1) Matsuura MC-510-VF Vertical Machine, 30 ATC and four (4) Axis Indexing Head </li></ul><ul><li>One (1) Kitamura H-300B Horizontal Machine, Five (5) Axis with 40 Pallets and 100 ATC </li></ul><ul><li>One (1) Kitamura H-400 Horizontal Machine, Four (4) Axis, Two (2) Pallets and 100 ATC </li></ul><ul><li>Two (2) Makino A51 Horizontal Machines Four (4) Axis, Two (2) Pallets and 60 ATC </li></ul><ul><li>Two (2) Kia-Turn 15 CNC Lathes Equipped with Bar Feeder Two (2) Super-Kia Turn 21L Twin Spindle Lathes with Bar Feeder </li></ul><ul><li>Tool Room Manual Shop Support Equipment - Lathe, Milling machine, Surface Grinder, Power Hand Tools, Drill Presses, Grinders, Hydraulic and Pneumatic Tools </li></ul>
    6. 6. Palletized System Super Cell Two Twin Spindle Machine
    7. 7. 2008 CAPITAL INVESTMENT <ul><li>MSI is committed to investing in new technology and equipment. In 2008, MSI invested in two lathes, one projection welder, and an optical system with a high-intensity green LED. </li></ul>
    8. 8. ISO 9001:2000 CERTIFIED <ul><li>ISO certification was obtained February 2008 by Perry Johnson Registrars. </li></ul><ul><li>Rigorous certification process resulted in many process improvements throughout entire company. </li></ul><ul><li>Robust continuous improvement program empowers employees by encouraging new ideas. </li></ul>
    9. 9. AS9100 <ul><li>MSI is in the process of pursuing AS9100 certification to further enhance our growth and allow us to pursue opportunities into the aerospace industry. </li></ul><ul><li>The groundwork has been laid and a plan has been developed to achieve AS9100 certification by the Second Quarter of 2009. </li></ul>
    10. 10. Commitment to Quality <ul><li>Fully Equipped Quality Assurance Department located in an environmentally controlled area. </li></ul><ul><li>CNC/CMM (Coordinated Measuring Machine) Inspection System in compliance with ISO 9001:2000. </li></ul><ul><li>Supplier Program </li></ul><ul><ul><li>Continually working to create and develop partnerships with high quality suppliers </li></ul></ul><ul><ul><li>Supplier rating system includes metrics such as Quality, OTD, customer service, flexibility, leadtime, and price. </li></ul></ul>
    11. 11. Coordinated Measuring Machines (CMM)
    12. 12. SBA / 8(a) Status <ul><li>8(a) certification date: 31-Aug-2004 </li></ul><ul><li>8(a) graduation date: 31-Aug-2012 </li></ul>
    13. 13. 8(a) Mentor Program <ul><li>MSI has a unique partnership with a graduated 8(a) organization, Machining Technologies Inc (MaTech). </li></ul><ul><li>Located within five miles of MSI. </li></ul><ul><li>Provides additional capacity and resources. </li></ul>
    14. 14. MSI GROWTH <ul><li>Significant increase in sales and customer base prompted a move to our current facility in 2007 which expanded our square footage from 10,000 sq ft to 47,000 sq ft. </li></ul><ul><li>Additional resources in management, staff, machining and inspection equipment are continually being added. </li></ul>
    15. 15. Core Management Team <ul><li>Engineering </li></ul><ul><li>Production and Assembly </li></ul><ul><li>Planning </li></ul><ul><li>Procurement </li></ul><ul><li>Program Management </li></ul><ul><li>Contract Administration </li></ul><ul><li>Quality Assurance </li></ul><ul><li>Inventory Control </li></ul><ul><li>Shipping & Receiving </li></ul><ul><li>Finance </li></ul>Over the past year, MSI has heavily invested in developing a core management team. Our managers offer vast experience and knowledge working toward a common goal to grow MSI and succeed.
    16. 16. MSI GROWTH
    17. 17. MSI GROWTH <ul><li>The compounded annual growth rate (CBGR) between 2004 and 2008 is an astounding </li></ul><ul><li>56.55 % </li></ul>
    19. 19. Future Opportunities <ul><li>Mechanical assemblies. </li></ul><ul><li>Systems integration. </li></ul><ul><li>Valued added engineering – going beyond piece part. </li></ul><ul><li>Expansion into new commercial markets to balance our business model. </li></ul><ul><li>Current opportunities with Army, Navy and other defense contractors. </li></ul><ul><li>Interested in going global. </li></ul>
    20. 20. The MSI Difference <ul><li>Professional, experienced infrastructure. </li></ul><ul><li>Outstanding commitment to quality. </li></ul><ul><li>Employee dedication. </li></ul><ul><li>Collaboration and concurrent engineering. </li></ul><ul><li>Reliable processes. </li></ul><ul><li>Commitment to our troops. </li></ul><ul><li>Consistent record of on time delivery. </li></ul>
    21. 21. Why MSI? <ul><li>Don’t think of us as another 8(a) company that will satisfy your utilization goals. MSI is a highly technical, forward-thinking company that will exceed your expectations through our: </li></ul><ul><li>Collective Experience and Expertise </li></ul><ul><li>Manufacturing Know-How </li></ul><ul><li>Technology and Automation </li></ul><ul><li>Capacity </li></ul><ul><li>Enthusiasm </li></ul><ul><li>Dedicated to success </li></ul>
    22. 22. MSI Points of Contact <ul><li>Vanessa Pohlmann </li></ul><ul><li>General Manager </li></ul><ul><li>(410) 334-6140 Ext. 102 </li></ul><ul><li>[email_address] </li></ul><ul><li>Lee Lusby </li></ul><ul><li>CEO </li></ul><ul><li>(410) 334-6140 Ext. 103 </li></ul><ul><li>[email_address] </li></ul><ul><li>Robert Correa </li></ul><ul><li>President </li></ul><ul><li>(410) 334-6140 Ext. 101 </li></ul><ul><li>[email_address] </li></ul>