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 Sterling SAT

 Divestment

Negotiations concerning the divestment of Sterling SAT has resulted in a definitive agreement with a Hamburg Germany investment group. As of January 31st, 2010 SAT will no longer be a legal entity of Sterling Fluid Systems and TBG and will operated as a separate, stand alone company.

The existing Management Team of SAT will remain with the business and brings a deep knowledge of existing markets and core technologies. They are seen as an integral piece of creating long term value for the new owners.

The change in ownership of SAT will have no direct impact on Sterling PCU, which remains a valued, wholly owned subsidiary of Sterling Fluid Systems, and will continue to operate as the Filling & Testing Division.


  

NEW

Schrader

Quick Connect Coupler

Once again PCU has identified a customer need in the marketplace and reacted; a quick connect Schrader coupler. After numerous customer visits and conversations a recurring theme appeared: customers were dissatisfied with current Schrader couplers. A quick connect coupler that was easy to use and aggravation-free was wanted. PCU listened and responded with a new type of Schrader coupler. This design allows quick and easy connection and disconnection to Schrader valves, saving time and avoiding possible repetitive motion issues. To date, the feedback has been very positive as PCU has added this product to our extensive coupler line.


  

NEWS RELEASE

Mexico and South American Sales & Support Coverage

PCU is pleased to announce that Jose Antonio Gonzalez Esparza has been retained to provide Technical Sales, Project Management, and Service support throughout Mexico and South America. A resident of Mexico City, Jose currently works with Teme Engineering LTD/Merilab in a similar capacity and brings over 30 years of experience supporting a broad range of automotive and industrial based customers.

With more companies setting up manufacturing and production operations in Mexico and other parts of South America, access to local representation and technical support is becoming a deciding factor. The addition of Jose to Team PCU is another step PCU is taking to further support existing customers as well as a commitment to develop new customers in an important market.


  

NEWS RELEASE

PCU Named 2009-Platium Level Fit-Friendly Company by

The American Heart Association

 

Production Control Units, Inc. (PCU) appeared in the September 28, 2009 issue of Fortune Magazine for being one of the 170 companies in the United States to achieve the Platinum Level Designation as a 2009 Fit-Friendly Company by The American Heart Association. PCU has been designated as a Gold Level company since 2007.

PCU management believes its Fit-Friendly program not only improves the lifestyles of its employees and families but also lowers health cost and keeps our products competitive. Our program includes Fitness Club Reimbursement, flu shots to employees and families, in-house screenings for blood pressure, cholesterol, PSA, body mass testing and offers healthy snacks. Our in-house library has Health and Fitness magazines, cookbooks including the American Heart Association Cookbook, exercise videos and self-help books on many disease prevention techniques. PCU is committed to this program and is proud of this honor and thanks the American Heart Association for the recognition.


  

The President's Corner

"Feeling The Pressure"

Thomas H. Hoge,

President, April 1, 2009

Team PCU continues to grind out another chapter in its storied history, and what a chapter 2009 is turning out to be. Considering the massive structural changes occurring in the bellwether NA automotive industry, in combination with the extended economic turmoil caused by the banking crisis and declining housing prices, it’s a wonder that anything is getting done! For those people familiar with Team PCU, and following the organizations collective efforts to transform the business from a good company, to a great company, will surmise that the current market realities are simply another stepping stone in PCU’s continued evolution. No company reaches sixty plus years of successful existence by stubbornly holding onto yesterday.

Recall how the message from Jim Collins book “Good to Great” re-affirmed Team PCU’s Philosophy of “Excellence Through People”, with the underlying message from the empirical data still ringing true; There is no silver bullet, major event, or magic formula that results in greatness. Sustained hard work, commitment to delivering “Quality Excellence”, discipline, and measurable improvements remains the fuel that powers organizational transformations. “When you have disciplined people, you don’t need hierarchy. When you have disciplined thought, you don’t need bureaucracy. When you have disciplined action, you don’t need excessive controls.” The common denominator and glue to this statement facilitates decision making being pushed further down in the organization, trust between departments growing, and the ability to respond quickly to market changes a way of life.

 

It has already been communicated how first quarter 2009 order intake is putting pressure on Team PCU’s abilities to focus on the positive improvements made over the past 9 months. Tough decisions made in response to changing market conditions is consistent with data supporting that within every company that succeeded at becoming great, they faced a period of significant adversity. Each exhibited the ability throughout to: “Retain absolute faith that you can and will prevail in the end, regardless of the difficulties, AND at the same time confront the most brutal facts of your current reality, whatever they might be.” Like PCU, these organizations were determined to stay the course of continuous improvement and make sure the right people were on the bus, and the wrong people off. There remained a commitment to create an environment wherein people have an opportunity to be heard and ultimately “for the truth to be heard” in order to reach an understanding of “what the organization can be the best in the world at - not what it wants to be the best at, and equally important, what it cannot be the best at.” The maturation of Team PCU’s philosophy of “Excellence Through People” is being taken to the next level. Take another gut check: Is the customer the focus of everything I do? Am I a preferred supplier to my internal customers as well as external? Do I treat everyone with trust & respect? Am I being fair, honest and open? Do I make and keep commitments? Do I strive for continuous improvement through teamwork? These are all good questions, where the reality does have an impact on results!

 

Market changes remain a constant with great organizations embracing the need to change as a means to evolve in response to competitive market demands. There is little margin for error for Team PCU, as the competitive environment gets tougher, expectations for quality, reliability and support from the customer increases, and demands on each of our time goes up. Focusing on a healthy customer mix is highly desirable for any business and will require Team PCU to keep the pressure on changing the way it goes to market while continuously adapting to the changing realities of the competitive world. The soul of Team PCU will continue to thrive on this pressure as the catalyst to profitably move the business forward, so internalize the principles of excellence, and commit yourself to delivering results.


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