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Philosophy of Lean Manufacturing Helps Parkinson Technologies and Its Customers Maintain Stability During Economic Downturn

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(Archive News Story - Products mentioned in this Archive News Story may or may not be available from the manufacturer.)

Parkinson Technologies
100 Goldstein Dr.
Woonsocket, RI, 02895
USA



Press release date: February 12, 2009

Companies Partner With Parkinson For The Best Return On Their Investment

Woonsocket, RI (February 12, 2009) . . . Doing more with less is a philosophy that industries all over the world are being forced to embrace during the current state of the economy. Parkinson Technologies adopted the value of Lean Manufacturing almost 10 years prior to the economic crisis the world is experiencing today. This way of conducting business reduces the overall cost of production and manufacturing rates for Parkinson, they then are able to pass these savings on to their customers.

In addition to increased savings, the philosophy also helps machine orders flow through the company quicker and more efficiently. This shortened practice, from order through delivery, gets Parkinson's customers up and running offering the best return on their investment in the shortest amount of time. The end-goals are achieved by reducing the seven wastes; over-production, waiting time, transportation, processing, inventory, motion & scrap. It has been proven that quality is improved by eliminating waste using the Lean philosophy and production time and costs are reduced.

"We believe that our success lies only in the success of our customers" stated Peter Termyn, President and CEO of Parkinson Technologies. "Parkinson prides itself in being more of a partner than a supplier. As a result of successfully implementing the Lean philosophy, Parkinson is able to translate customer's ideas and needs into reality by leveraging their expert custom engineering and design capabilities in each individual project."

Parkinson understands that the best products are produced by the highest quality machinery and make it their mission to ensure the most positive end result for their customer. The purchase of new production machinery is a time-tested way to continue business innovation and growth. Through partnerships with Parkinson, their customers have found this a continued reality in a challenging economy.

About Parkinson Technologies Inc.

Parkinson Technologies is an industry leader in the development, design and manufacturing of production-scale web processing machinery for the plastics, nonwovens, paper and specialty materials industries. Product brands include PARKINSON winders, DUSENBERY converting systems, MARSHALL & WILLIAMS biax orientation lines and KEY FILTERS extrusion melt filtration equipment. With a world-class pilot plant facility, Parkinson also offers its customers complete flexibility to conduct plastics sheet/film extrusion and orientation R&D and to produce commercially viable marketing samples. Parkinson's customers include a broad range of companies, from venture-backed startups to Fortune 50 enterprises, all of whom demand innovative solutions to their web processing challenges.

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