Wednesday, July 3, 2013

Highlights for AM&T During the Past 12 Months

June 30th brings AM&T’s fiscal year to a close and serves as a time to reflect on our accomplishments and plan improvements and activities for the next year.

During the last 12 months we were able to assist 75 companies. We engaged with 28 companies on in-depth projects on ISO/AS Quality Systems, providing assistance with prepping for Certification, performing internal audits, coaching, and mentoring. We’re pleased to report that 6 companies received internationally recognized certification as a result of those efforts.
 
We also provided 16 companies with in-depth projects on Lean, helping them with workforce training that focused on Lean concepts, tools, and thinking. That was followed by implementing Lean in their manufacturing and support operations. We were also active in promoting Lean to the broader Southern Tier manufacturing community, arranging tours and workshops to see Lean in action.
 
AM&T co-sponsored two Pre-Seed Workshops held at Binghamton University and Cornell. These workshops help idea teams move closer to launching their ideas into manufacturing companies. AM&T provided staff members who served in the roles of workshop facilitator and coach.
 
We also partnered with the Finger Lakes Entrepreneurs Forum, and helped obtain Trade Adjustment Assistance grants for four companies with problems related to foreign competition.
 
We partnered with Cornell’s Center for Materials Research to host a Solutions Fair for manufacturers, connecting them with available state-wide resources. Assistance was also provided to several new start-up companies, and several existing companies in the areas of strategic planning for growth, sales, partnering, access to funding, pricing and new product development.
 
Our success is evaluated by the impact we have on our customers. This impact is determined through a third-party survey process, conducted quarterly. Here’s a summary of results reported for 2012-13:
  • $85m in New/Retained Sales
  • $.8m in Cost savings
  • $6m in Investments
  • 715 Jobs Created/Retained
  • $127m Total Impact 
  • 141:1 ROI
Congratulations to the staff and our partners, and thanks to the hundreds of companies in the Southern Tier who have allowed us to assist, enabling them to improve and sustain their performance, growth and profitability.

See this and other newsletter articles at http://amt-mep.org/files/4613/7286/1307/2013-07.pdf

Visit our website at http://www.amt-mep.org

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