(Profit Finders: Strongsville, OH) -- Profit Finders, a proprietary data collection and analysis company, has developed a web-based technology rooted in the concepts of lean manufacturing and continuous improvement. The technology is designed to capture and analyze detailed cost and process data. The company works in many industries and has a strong presence in welded tube manufacturing.
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“We have designed a great program for the central coolant sumps found in welded tube mills,” explains Joe McHenry, vice president of business development for Profit Finders. “Typically a 330-gallon tote of coolant is stationed next to a coolant sump. Operators take periodic coolant concentration readings using a refractometer. When a coolant addition is required, operators open a valve on the tote—let coolant flow into the sump—and then take another concentration reading. This process in not well-controlled and typically consumes 20-percent to 40-percent more coolant per ton of production than required. For a factory spending $100,000 per year on coolant, this translates into $20,000 to $40,000 per year of waste.”
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