PEN Group Helps Global Precision Earn AS9100D

Pen Group recently helped Global Precision earn their AS9100D Certification.

Here is the announcement they recently made in their newsletter:

Wednesday, December 5, 2018

We are proud to announce that Global Precision Products is now fully AS9100D certified, in addition to our existing ISO 9001:2015 certification and ITAR registration. Our decision to become AS9100D certified is a proactive one that not only anticipates the demands of our customers, but also demonstrates our commitment to providing first-class services, sophisticated technology and expertise across ...

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Introducing the Internet of Things

The Industrial Revolution:

As the evolution of industry continues, a vision for what comes next must surely include, “The Internet of Things.” This concept is also known as Industry 4.0 and it follows the historical progression started by the industrial revolution (Industry 1.0) in 1784. At this time, mechanical machines were invented and fueled by water and steam power. This period was followed by Industry 2.0 (1870) which featured mass production powered by electricity. Industry 3.0 (1969) raised the bar ...

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Service company launches a new business development Initiative

Company Description: Company serves the backup power generation market

Markets Served: Military, cellular, aerospace and utility

Ownership: Private-Two owners

In business: 30 years

Business Engagement Initiative:
The PEN Group, LLC. was engagement in 2012 with the task of identifying new market opportunities for existing company services.

The six-month assessment study identified significant opportunities for the company to expand into the; Military Facility Maintenance, Railroad and Utility Markets. Specific target companies were identified and meetings were held in each expansion area. Subsequent efforts were directed to ...

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Start-up an Off-shore supplied retail product line

Company Description: $100 MM manufacturing company

Markets Served: Recreation Products

Ownership: Private–Investment Fund

In Business: 75 years

Business Engagement Initiative:
The PEN Group, LLC was engaged in 2009 to conduct an engineering assessment of supply alternatives for an injection mold product line. We explored two options:

  1. Develop an in-house manufacturing capability
  2. Buy an injection molding company capable of producing of the entire product line

The PEN Group provided a comprehensive business plan that evaluated both options.

The company’s product line we evaluated resembled a “razor blade profile” and was ...

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R&D New Technology

Company Description: Manufacturing and CNC machining

Markets Served: Aerospace and Medical

Ownership: Private-three owners

In Business: 16 years

Business Engagement Initiative:
The PEN Group, LLC. were engaged in 2012 and requested by the owners to research an assess a relatively new technology to determine its marketability. Adopting the new technology would allow the company to diversify into new markets and expand its core capabilities.

The PEN Group was able to secure a grant to fund the R&D efforts which was implemented in two phases.

Phase 1: ...

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Manufacturing Company Transforms M&A Plan

Company Description: CNC Manufacturing Company

Markets Served: Military, optical, aerospace and medical

Ownership: Private-single owner

In Business: 25 years

Business Engagement Initiative:
The PEN Group, LLC. Was engagement in 2012 with the task of preparing the company for sale.

The initial strategy was to follow a traditional approach to position the company for sale to potential strategic buyers. The company had a history of growth and profitability. However, a disproportionate volume of sales was to the military market. A sudden change in the application of ...

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QMS expands from ISO 9001 to AS9100 Certification

Company Description: Manufacturing company that specializes in CNC machining and Injection Molding

Markets Served: Automotive, aerospace, medical and firearms

Ownership: Private-single owner

In Business: 25 years

Business Engagement Initiative:

The PEN Group was engaged in 2010 with the task of achieving AS9100 certification.

As the engagement commenced, the company had only the injection molding area ISO 9001 certified. The owner requested that the entire manufacturing QMS become ISO 9001:2008 certified. The PEN Group successfully secured a grant covering a significant portion of the cost to expand ...

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