Peter Lowe Email & Phone Number

Have you ever lived in the fifth year of your five year plan? We can help! All improvement starts by understanding value for your organization. The answers to understanding value already exist in your organization. The question, then, is what questions will you ask to unlock the value that exists and create the future you want? Our associates will.

Phillipsburg, NJ

• TRUARC COMPANY, LLC, Phillipsburg, NJ 2002 – PresentManufacturer of stamped and wire formed retaining rings for automotive OEM and tier one suppliers and aerospace and military suppliers including Visteon and Delphi..
• Successfully raised $1M in equity and $4M line of credit to finance major, award-winning merger of US manufacturing and distribution operations, as well as $120,000 relocation grant from NJ Urban Enterprise Zone.
• Improved productivity by 25% through effective consolidation of manufacturing, distribution operations as well as improving quality by 10%.
• Revitalized marketing and sales operations for 40% revenue growth in first 12 months by staff restructuring and creating direct sales staff in key markets while developing sales partnerships in others.
• Maintained number two market share position in industry despite economic downturn.
• Reduced inventory by 35% while maintaining 98% on-time delivery, reduced manufacturing lead time from six to as low as three weeks.

• $90 Million Multi Unit Worldwide Business Manufacturing Highly Engineered Industrial and Aerospace Products. Locations in UK, Germany, Brazil and USA with (800) Employees.
• Reorganized European sales from country- based to industry-based model for immediate sales increase of 18%; introduced new products for incremental sales of €1.8M in second year.
• Rationalized product offering in UK to optimize core strengths and increase gross margin by 15% and EBITDA by 30%.
• Led divestiture strategy and sale of European Engineered Rings Group as well as successful management buyout of US operations in 2002.

Developed consulting practice providing guidance and training in the incorporation of Lean Manufacturing Principles throughout their businesses. Clients included both Industrial and Aerospace hardware manufacturers. Developed and conducted initial training programs for Syncronous manufacturing and conducted initial kaizen events.

A $700 Million Subsidiary/holding company which manufactures fastening systems including proprietary fasteners and the special tools required for their installation.Vice President and General Manager, Huck Aerospace, 1997 – 1998P&L responsibility for $26M division with 150 employees. Increased profitability, improved on-time delivery from 72% to 95%.