To gain efficiency and spark growth, Killer Brownie got in the 'Fastlane' [Yahoo! Finance]
Illinois Tool Works Inc. (ITW)
Last illinois tool works inc. earnings: 1/31 08:00 am
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Source: Yahoo! Finance
For Killer Brownie, the brownie business has never been better. But with great growth comes, sometimes, great inefficiencies. The Miamisburg food producer enlisted the help of the University of Dayton Fastlane manufacturing consulting program to iron those inefficiencies out and position the business for its next chapter. Fastlane helped Killer Brownie with a packaging line changeover, among other projects, said Matt Ross, chief operating officer at the brownie business. The company went from taking about 45 minutes for packaging resets to taking 15 minutes, multiple times a week. "When you're running at 200 packages a minute, 30 minutes is a huge deal," Ross said. Killer Brownie gained about 20% efficiency last year. That means the company is able to produce the same amount as it did last year, but about 20% faster. It is producing more at the same or lower cost, Ross said. "I said before I would put our team up against any team in the world to get stuff done," Ross said.
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News
- Calculating The Intrinsic Value Of Illinois Tool Works Inc. (NYSE:ITW) [Yahoo! Finance]Yahoo! Finance
- Illinois Tool Works Inc. (NYSE: ITW) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- Why Illinois Tool Works Inc. (NYSE:ITW) Could Be Worth Watching [Yahoo! Finance]Yahoo! Finance
- Illinois Tool Works: Maintaining Returns In A Transition Period [Seeking Alpha]Seeking Alpha
- Under The Bonnet, Illinois Tool Works' (NYSE:ITW) Returns Look Impressive [Yahoo! Finance]Yahoo! Finance
ITW
Earnings
- 7/30/24 - Beat
ITW
Sec Filings
- 9/12/24 - Form 4
- 9/4/24 - Form 4
- 8/6/24 - Form 4
- ITW's page on the SEC website