Document Z40VRRpMMNr6bL0bVpjVenZd8

FILE NAME: Ferro Engineering (FER) DATE: 1989 Jan 16 DOC#: FER002 DOCUMENT DESCRIPTION: Meeting Minutes and Attendee List JttHpR&JsS&ESo morcBimf mf l CivsOvFr0mWxoni f vMmsWm&AiiiB _____ JMMM.l&* 19&9 la attendanca: S , A. Fateraon . 8. a. Sloan c . 0. Sttlth irih B n "' !7. 5J. Percia F , J . ilmoi S. si. gliiote V. 8, mictle J. >3. carpenter h'. H- fib*** v?. 15. H orraa h . e. Frayte B> F. Anthony 3- 3., Dwyer . R> h i * G<A.F> opened the itwiafciag s ta tin g th at Ferro alas lo r 1 9 0 reached m 11 ti-ae high oF appsrosiiissteXy $ '18,400,000, however* the p r o fit fa e tp r -was very ieeoursgiAi}. 5&S views Sosr XSStP were o p tim istic and esytessed she hep th a t sxifty Sr the problems which plagued Ferro in I SOS w ild he resolved ip the Kw ' s a t. W.K.Hv i s ta p e rtin g on operation stated fcfi&t she production le v e ls s i Plane #1 and #2 sere maintained i s co-abor and theta -era s ig n ific a n t in creases i s tum #*9. p a r tic u la r ly in the liray-dlt M h e r s, 2:8 Ross Over, ie running a t p a r tia l cap acity and wa a te axsiarleceing aha usual sta rt-u p p toh leaa, Prbdociioa should increase m a te ria lly 1 cilia the aext thces to four week, The yerrobcerd By.rsS production i s a t i l l not encouraging. however, v are aw aiting accessories fe y the asaefeincs which rhauld la cro sse a output, *he le v e l e operations at p lan t #3 ia c w s is c e u c , . yh& cons traction , has tee delayed approiM ataly th ir ty days due to w.tbar co n d itio n s. PI sa t #4 is producing e ig h t hmxa d a ily sad i s ilddKg iaveab oxisa, the as (van required & S a il hessR o a t and should he in operatic; seoa. t,.S>i.R< reviewed fJoVeacher business sad ostlasatsd OesMnbor b u sin ess, - by a c tu a l a a ic s and by fayacaac toy each plant and 'ey each product %ia * , C .p .iJ, gsso a d u ll explanation o u&imal costs and charges, payeieuis r iy in the Fertoboncd product lia s . S .G .T . stated that there we no appreciable change 1 inventory nr warehouse p ra ctice in ea la s t re p o ttin g , and th a t share va$ no a ig o iile s a t iwyi-oveoisat in g la s t overhead charges in itovsvbet and shat the Bscobey fig u re s wore nos a v a ila b le . Ha discussed in d e t a il'th e need fo r considering p rice in creases on Sand rings and the fa c t that wo are Awaiting move accurate co st S ig w e s beiers eny d e cisio n can be Made. SbJT.R. reviewed she re p o ttin g eyace as i t rsi.at.aa to tha standard eo st systets and stilted th a t the e n tir e Flam: #1 sad #g was on the d a lly p a riot-Manee reyorfeihg and F le e t 43 Would ha ready by February 1, Jto tinned the divers t ile d training, sessions and movies which ftystpoa and supervisory personnel atten d every other wnslt end f e l t there wad a very s ig n ific a n t trend o f wprovsnent, '0,0 a lt o tooohed oh the methods tt^ o v < n t ptogram s ta tin g chat at the scraenfc there warn te:n p rejeets with a p o te n tia l $58,000 Savings at a coot o f $2,500. DMW 0001S 2 - JM - . wnntiosed sht Cha am ceding h- h in s ta ile d isti a hirra o f profeXenss. Ibero had boa svaral ftuscraj.ng alaya se Cha re stiifc * f illn e s s o?. (jas paxt o km? p&xHaamii Sa taeufeiona efe' m e t a s sefeaM ed v i t cha eeowrxrig peonie sa mace thoroughly fam ilia! chics with ehe systesss sd Otvesse tme eis# wb a s te a d ily iaayoaviug amounfe .nf machia sbuXat'io. V?.S,>!. gayo ft vary Safealind y sport on the sntinad labor problems and this Ib orsasi Secekhsr nbisaataoiom which racy be rsiated ta paye, fe il l n e s s , le aggstsd very apiftCAelly Chafe -ve a ta s* aast i evi Me lab or con tract and apea b ameuttfe o t :.6t <?.oh weak i prparation for the reopening o f feha aftferacB fea agttet. & general d is cuas ton t'ellovd and a very stren g empitosi wad placed on th laper sane Of h i t t W s suggesssioa $*.#* in d icated th a t h f e l t the fcuainas le v a i fo r 1269 would he festest* t l n l l y tha: sme as I96) s i gava hi fo re te a t o f a fta by product lin e foe January J959.. He sfex'aasfed th a t f l a t Fsssofeonrd ead XOF Hat op veto items th at provided a high p r o fit margin anti th a t a d d itio n a l e ffo r t would h concentrates oa those lin e s . S<H>A( advised feline: Snglnsarng is recolvins; dora fsed back Cross customers on he designs slid in dicated febei; th e ta was an in te re st in the pars o f the cos tenets isi th e p ossible saacbmniuaeip o:-the Q uldklins Hot o p s , and th a t oe had received in q u irie s end teap asts fo r a d d itio n a l handling means> J.C ,0 > agoin discussed feh-2 problems relatad to mothermic topping and geve infora^feion regarding: our pousibilifeioB o f acquiring the output o f Alcan in awaga> Further vea sigafeln ia gacm aary as wo have not heard bach fro the intermediary in t h is p ru jass, Ht alan reportad th a t am progresa rras being nade bac a lofe O f ' ' a d d itio n a l nvnstigafeio pas necnaary with respect to the p o ssib le new type boohing fo r Vsrtohoard ti era Sharo was quite: a dacsale on. the ne o f es bestes and the problems ralated feo ashvsroaih and resp im ro ry ailasacfes. yhare was a iSnuSaaion 1 v o icin g th saoot v i s i t co geiah hanetah by J.Cv aad ,W.?> - > j j lik iC , gave h is report on sp irai budget iad iaatlag the* ferte*card f ino * #1 a t H isp f`l was sppros&aatisiy 98% complais ad would be f u l l y oom.pl at ad by ' ' ! ifejvch i.i To* yarrpfeftrd h ia a #2 a t flenfe ->il I b bonE 68% compaffi ae o f January 1 and new machinan bad not 1>en ordered at th at data but febei; to ta l eooepition was expected by June 1. She Herroboard bine #3 at ? ia p t #3 in. hic&go has been dolayad j dna to canatunicfeion prehlo8 and weather coeifeans and fa new suhtdalud infer nota p la tio n in niipz d u ly , fianedian. yarrn Hut lops l,td , ste p * regaraing the a id e benid ' productivifey la apprsctlitachly 90* coap leca, and Stay S I oonneroing fehh Farroboar iin e r a i s nhnt d(|: and: hosid h coiapletnd h kebraary tp X I fo r Fottohord Singa i s ua fo r cheipietioa somatme in Juna Ih t&is b u lk bandi la g aquipssftt for lin k s I cd t lb about 60?i complta w ith fin a l completion by gnbssy ! 6y, i s. V adiouvtd the a co tiu g ,. ; 1/22/39 13I OMW 0001