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Investor Update - Summer 2010
TechHelp - Idaho's Manufacturing Extension Partner 
Dateline: Jun 17, 2010 

TechHelp delivers technical and business assistance to Idaho manufacturers. We focus on results just as our clients and you – our investor – do. Here are some highlights from the last quarter.

Why Are Some Idaho Manufacturers Growing?

In the last year, Idaho employment and gross state product have struggled along with several other economic indicators. But a select group of Idaho manufacturers are bucking that trend. They grew their revenue, added to their bottom lines and hired employees. “They” are TechHelp’s clients.

FY 2010 Results

Increased and Retained Sales

 $ 19,008,500

Cost Savings

 $ 8,311,060

Investments in Improvement

 $ 5,707,407

Created and Retained Jobs

261

Through new product development and idea engineering, TechHelp clients are innovating and growing sales. Through Lean manufacturing and quality systems, TechHelp clients are cutting costs without cutting jobs.

Last year, our 103 clients reported their results to an independent research firm. These are their numbers, not ours. We measure our success by their success.

E3 – Economy, Energy, Environment

Manufacturing plants are the largest consumers of energy in the United States, accounting for nearly one-third of all U.S. energy consumption. A small gain in energy efficiency can make a big difference on a manufacturer’s bottom line. Improvements in energy efficiency can also reduce green house gases and curb the need for expensive, new power plants. That’s why TechHelp is adding a new service – called E3 – to help manufacturers produce more with less energy and fewer pollutants. By reducing overproduction, defects and other production wastes, manufacturers can realize energy and environmental savings without major capital outlays. And, in some cases, capital outlays for more efficient lighting, heating/cooling or motors can pay for themselves in a short time. TechHelp is building on its partnerships with the Idaho Department of Environmental Quality, the Pollution Prevention Resource Center and the Northwest Energy Efficiency Alliance to make this happen. “Going green” can mean the bottom line of the income statement, too.

Another Success Story 

Silver Needle, Inc. in Kellogg makes fire retardant clothing that is used in the molten metals, mining, natural gas and fire protection industries. Actually, they make such a high quality product that demand started to outpace their ability to meet delivery deadlines. TechHelp’s Manufacturing Specialist in northern Idaho, Gary Alvarado, led several on-site Lean projects to improve lead times, eliminate redundant steps, improve inventory management, and coach Silver Needle supervisors to maintain a culture of continuous improvement on their own. The projects allowed Silver Needle to retain $130,000 in sales, save another $130,000 of plant investments, and retain 20 employees as well as hire 2 new ones. A Fortune 500 company was so impressed with Silver Needle’s quality and efficiency improvements that it is considering a $2 million order. “We continue to amaze ourselves at how Silver Needle Inc. has evolved under the guidance of Gary Alvarado and TechHelp,” said Silver Needle Manager Rene Gilbert.

Click here to read more about success at Silver Needle.

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TechHelp provides technical and business assistance to Idaho manufacturers making them more competitive through continuous process and product innovation. The center is a partnership of Idaho’s three state universities and an affiliate of the federal Manufacturing Extension Partnership. It is also Idaho’s EDA University Center targeting economically distressed areas.



 

Job Opening

TechHelp Executive Director

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TechHelp Newsletter

Investor Update Summer 2010

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Success Story:

Silver Needle
Lean is Golden

BOB Trailers
The Leader in Following

All Success Stories

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Events

Export Excellence
Fast Track Export Program

Sept 23, Boise
Identify and develop your best Export opportunities.

Intro to Food Safety & HACCP Workshop for Pulse Processors
Oct 20, Moscow, ID
A one-day overview of Food Safety & HAACP for line workers, QC personnel, sanitors, supervisors and other employees of packing house operations.

List of All Events

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Contact TechHelp
208-426-3767
Toll Free
877-426-3797
Email

techhelp@boisestate.edu

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University of Idaho
Idaho State University


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