MIDLAND, VA--(Marketwired - Mar 28, 2014) - (OTCQB: SMID) To further its commitment to streamlining production and inventory management procedures through lean manufacturing philosophies, Smith-Midland Corporation has recruited Mark Loscudo as VP of Operations.
"Smith-Midland has begun its LEAN journey based upon the success of the Toyota Production System," says Smith-Midland's President, Ashley Smith. "The reason for becoming LEAN is to benefit our clients by providing the highest quality products and services at the lowest cost and in the shortest time and safest manner."
Mr. Loscudo is an accomplished lean operations thinker who has led several lean transformation efforts. Graduating from Kent State University with a B.B.A. in Finance and Economics, Mark went on to finish his education by earning an MBA from the University of Toledo. His efforts came full circle when he taught lean principals as an adjunct professor at both the University of Cincinnati and the University of Tennessee.
During a career spanning 25+ years, Mark has served as the Division and Plant Manager for Tier 1 automotive supplier Faurecia Exhaust. His lean efforts there resulted in significant reductions in operating costs, improvements in quality and on time delivery. The past four years were spent transforming the operations of Steinhauser, Inc. in Newport, KY. Implementing lean principles within this printing and packaging systems manufacturer led to significant improvements in productivity, quality, and bottom line results.
"Mark comes to us," says Mr. Smith, "with experience serving as a Shingo examiner with the Shingo Institute, reviewing the efforts of lean manufacturing organizations across North America. We are excited to put this expertise in recognizing successful practices together with his skill in implementing lean principals in order to drive our manufacturing and profitability to world class standards."
About Smith-Midland Corporation
Smith-Midland Corporation (DE) is a publically traded company (OTCQB: SMID). Smith-Midland (VA) develops, manufactures and sells a broad array of precast concrete products for use primarily in the construction, transportation and utilities industries. SMC has two manufacturing facilities located in Midland, Virginia and Reidsville, North Carolina. Easi-Set® Worldwide, a wholly-owned subsidiary of Smith-Midland Corporation (DE), licenses the production and sale of SMC developed products around the world. For more information, please call (540) 439-3266 or visit www.smithmidland.com.