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Madison-Kipp Corporation (“MKC”) is a major producer of precision machined components and system subassemblies for customers in the transportation, industrial, lawn & garden, and leisure-end markets. MKC production systems and capabilities are highly automated with robotic technology and/or dedicated integrated operations. The Company manages the customer supply chain from raw metal blending to final product assembly and integration into the customer’s production system. MKC provides customers with a single source integrated solution and minimizes supply chain complexity. In 2004, the Company underwent a significant strategic transformation and instituted a number of initiatives to pursue a strategy designed to diversify end markets, grow the revenue base and improve operating efficiency. The critical outcome of this new strategy was MKC’s Lean Manufacturing Value Stream operational culture, our SmartWay system.

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