President Elect Barrack Obama hailed Cardinal Fastener Co. as an example to manufacturing industries, which has been able to sustain its growth charts in these recessionary times with their lean concepts based on the Toyota Production System since 1998. John Grabner, president of Cardinal Fastener believes that Cardinal’s lean initiative has led to increased efficiencies, decreased costs, and better and faster service to its customers.

Cardinal Fastener Company is today one of the largest American-made large-scale threaded fasteners and specializes in industrial fasteners used to bolt the wind turbine towers to their foundations. At present the company is sitting at revenue of $10 million annually and expects to increase it by 50% in this year.

Since its founding in 1968, Cardinal Fastener & Specialty Co., Inc. has become the largest and most responsive company in the hot forge bolt industry.  With an emphasis on the processes and principles of Lean Thinking, Cardinal Fastener provides same-day service on most orders.

Obama also outlined strategy and plan of action for the revival of Industry. Following points were highlighted.

• Doubling the production of renewable energy over the next three years.
• Modernize more than 75% of federal buildings and improve the energy efficiency of 2 million American homes.
• Putting nearly half a million people to work building wind turbines and solar panels
• Constructing fuel-efficient cars and buildings
• Developing the new energy technologies that will lead to new jobs, more savings and a cleaner, safer planet in the bargain.

Good luck Obama, we look forward to you.