Post on 15-Apr-2017
412 South Maumee, Tecumseh MI 49286 – Office 517-423-9700 – Fax 519-423-9398 – www.glovellc.com
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
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
• 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
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
Tecumseh Michigan Facility
8
Lift T
ruck
Hallw
ay
150 TON
300 TON
27
5 T
ON
75 TON
30
0 T
ON
45
0 T
ON
25
0 T
ON
30
0 T
ON
11
0 T
ON
30
0 T
ON
20
0 T
ON
1000 TON 500 TON 700 TON
500 TON 500 TON 500 TON
75
TO
N
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
Off
ice
Tool Storage
Utility Room
HOLD
Oven
Paint Booth
Pa
int
Bo
oth
P
ain
t B
oo
th
Finished
Raw Materials
WIP
52,000 sqft
412 South Maumee, Tecumseh MI 49286 – Office 517-423-9700 – Fax 519-423-9398 – www.glovellc.com
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
Tecumseh Michigan Operations
412 South Maumee, Tecumseh MI 49286 – Office 517-423-9700 – Fax 519-423-9398 – www.glovellc.com
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%
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
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
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
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
Lift Gate Components
412 South Maumee, Tecumseh MI 49286 – Office 517-423-9700 – Fax 519-423-9398 – www.glovellc.com
Garnish Trim Components
412 South Maumee, Tecumseh MI 49286 – Office 517-423-9700 – Fax 519-423-9398 – www.glovellc.com
412 South Maumee, Tecumseh MI 49286 – Office 517-423-9700 – Fax 519-423-9398 – www.glovellc.com
Console & Door Trim Injection Molding
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
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
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
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