Author: radley

Dramatically improved customer service

Situation: Client was an employee-owned manufacturing company. The company had experienced increasing losses for three consecutive years. Costs were significantly higher than industry standards. Operations were chaotic. Deliveries were only 50% on-time. There was wide-spread disruption, dissatisfaction and animosity resulting from the poorly executed acquisition of another company. Everyone complained about a lack of accountability. Renee was recommended by the Company’s banker.

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Negotiated end to personal guarantees

Situation: A multi-generation family-owned manufacturing company, a union shop, had experienced significant, increasing losses for three consecutive years. The Company’s lender was threatening to shut them down. Operations were almost totally out of control. The elderly majority shareholders were afraid that the lender would pursue their personal guarantees. Family members were at each other’s throats. The Board of Directors hired Renee based on the recommendation of a family friend, an experienced bank executive.

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Enhanced family relationships

Situation: The company was a multi-generation family-owned business that included eight different business units and conducted business internationally. Several of those business units were failing badly and putting the profitable businesses at risk. Family relationships were strained because roles among family members were not clearly defined. Renee was referred by the Company’s CPA.

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Brought order out of chaos

PML Microbiologicals, Inc. was the sole subsidiary of PML, Inc., a publicly traded, FDA-regulated medical device manufacturer.

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Achieved long-lasting results

When the owners of¬†Pesznecker Brothers, Inc.¬†called Renee, the 36-year-old manufacturing company with nationwide sales had been losing money for three years and had overdrafts at […]

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