USA Today – Lantech has success all wrapped up
It's a brief mention, but a positive mention of Lean in the USA Today Money section this week. Lantech, a Kentucky company, has had some amazing growth and they credited Lean for at least part of that success:
“…the company switched to the “just-in-time” production methods pioneered by Toyota, which lowered costs and raised quality and delivery speed. The improvements were dramatic, Pat Lancaster said.
Innovation, quality and efficiency are “what allow us to stay competitive” when many manufacturers have shifted their work to low-wage nations, Jim Lancaster said. He added that the company's fastest-growing markets are China and Southeast Asia.”
It's always great to see an example of a company that's resisting the urge to offshore and outsource manufacturing — Lean can be a successful business strategy.
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