NEWS AT TPCI

Celebrating MSU Acquisition

TPCI offers customers additional services with the purchase of Maximum Spindle Utilization, Inc. (MSU), in 2007.

This established manufacturing facility in Edinburgh, Indiana, compliments the capabilities of the primary Columbus, Indiana, facility, and offers:

• 17,000 sq. ft. of manufacturing space
• A five-axis machining center:
  Mazak Veriaxis 730-5X – one of the few in Indiana
• Three-axis machining centers: MC65
• A vertical machining center, the Mazak VTC20
• Prismatic and cylindrical part machining
  capabilities
• CNC and manual lathes

In With the New
Anticipating additional business from the MSU acquisition,
as well as further business expansion, prompted the following facility changes:

• Warehouse and equipment improvements
• Inventory updates: auctioning obsolete equipment
• Remodeling: offices, work stations, and employee   break areas. Employees are enjoying their new
  work areas with brighter lights and improved
  equipment.

Celebrating 25 Years in Business

2011 is a special year for us. We are happy to be celebrating our 25th year in business. The company (operated as PDI) was founded in 1986 by Sam Phillips. He and his son, Vyran, ran the business quite successfully until January 2006, at which time Sam's daughter, Valerie Phillips, purchased it from him.

In the past five years, The Phillips Company has accomplished much.

• Achieved and maintained ISO 9001:2008   certification (Lloyd's Accreditation).
• Maintained IMSDC certification
  (Indiana Minority Supplier Development Council)
• Implemented housekeeping and facility   improvements.
• Acquired MSU (Maximum Spindle Utilization)
• Developed human resource employee handbook
  and new policies
• Initiated company retirement/savings plan and   service recognition awards
• Provided health care benefits for all employees
• Obtained WBENC (Women's Business   Enterprise National Council)
• Developed The Phillips Company website
• Launched MISys software (MRP)
• Implemented safety procedures and practices
• Won Small Business Award
• Progressed with development of India strategy

We held various events through the year for the benefit of our staff and employees.

Developing our India Strategy

In Progress

Developing our Sales Initiative

Vinit Sathe

Vinit joined The Phillips Company in June 2011 as General Manager. He is a mechanical engineering graduate from College of Engineering, Pune, India (COEP). His apprenticeship and on job training was done at Kirloskar Cummins Ltd. (now Cummins India Ltd.-CIL). He is Six Sigma trained, is a JIT and Kaizen expert, and is a Certified Purchasing Manager (CPM).

Vinit's career started with CIL-Production as CNC Line Manager, as an expert in CNC Machining, and later he was in charge of Export Oriented Unit (EOU) for V28 Cylinder Block Section. He has also worked with a manufacturing team at Cummins Engine Plant, Columbus, IN, USA. During 2007-2009, Vinit worked as General Manager, Sourcing-VPI, Cummins India.

Throughout his 28 year career, Vinit has worked with MNCs in Syria, Denmark, Germany, UK, and India. He has been responsible for positions in Operations, Strategic Sourcing, New Projects and Cost Savings Initiatives in Indian and European plants of MNCs. Vinit has extensive experience in product development from Indian suppliers of castings, forgings, machined parts, and subassemblies.

Jack Sparks

Jack joined The Phillips Company in March 2011 as Business Development Manager.  He holds a Business degree from Indiana State University.  Jack has had quite a diverse career.  He began working at Crane Naval Base in southern Indiana as a computer programmer.  His manufacturing career began at Cummins Inc.  At Cummins Inc., he developed business applications, was director of various organizations, and spent ten years in manufacturing management roles.  After retiring from Cummins, Jack worked for Bell Industries as a business process consultant in health care, information technology, warehousing, and manufacturing.  He joined Klipsch LLC  in 2003 where he was general manager for the manufacturing site in Hope, Arkansas.

Participating at IMSDC Trade Show

Participating in Community Involvement

• Clay Township Fire Department
• Ken-ya Help Us
• Indiana Child Safety Council
• Indianapolis Children's Choir
• YMCA
• Columbus Indiana Philharmonic

Progressing into 2012

Major Initiatives

• Launching Facility Plan, Q4 2012
• Progressing with SCOR Project
• Quoting new work (tremendous volume)
• Implementing bar code system.
(Expect to be complete by Q4.)

Major Accomplishments

• Regained 100% ownership of TPCI shares
• Diversified with six new customers
• Increased Sales by 600% since 2006
• Awarded 30 new part numbers
• Established new office in India