Case Study: Wiremold

“I used MoffittXL at Wiremold and in all of our portfolio companies at J.W. Childs. We were able to take a company that was valued at $30 million and sell it for $770 million.”

Art Byrne,
Former CEO of Wiremold & Author of The Lean Turnaround

Wiremold’s Story of Continuous Improvement

Art Byrne trusted MoffittXL to implement lean manufacturing systems at The Wiremold Company with weekly training for over a decade.

The first two years saved $11 million in operations efficiency, which was used to acquire 5 more companies that generated $24 million in sales volume.

gain in enterprise value

0 %

increase in EBITDA margins

0 x

Sales quadrupled from $100m to $400m

$ 0 m

increase in productivity

0 %

IMPROVED SALES

2.5x increase in sales per employee

HAPPIER CUSTOMERS

Customer satisfaction doubled from 50% to 98%

FASTER OPERATIONS

16x delivery lead times improvement from 4-6 weeks to less than 2 days

BETTER WORKFLOW

41x increase in machine changeovers from 3 to 125 per week

SAFER WORKPLACE

2x safer with fewer accidents

COST SAVINGS

Space requirements halved

ACCELERATED INNOVATION

6x product development time-to-market from over 2 years to 3-6 months

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