At the time of our engagement, the Company reported revenue in excess of $35M.
• Fort Dearborn was hired to: (1) review the Company’s forecast and Operating Plan, (2) identify performance improvement opportunities and (3) evaluate the Company’s strategic options, including senior debt refinancing.
• Working with management, Fort Dearborn:
• Reviewed and revised the Company’s annual budget and operating plan
• Identified profit and cash flow improvements. including:
•Implementing lean manufacturing techniques to drive expense reductions and improve margins
•Cost containment efforts to reduce overall operating expenses
•Driving specific product margin enhancements to increase product profitability