WALBAR ENGINE COMPONENTS
“ All of our growth focus is on aerospace components so the expansion allows us to create space for these in our original 70,000 sq ft facility ”
— Timothy Grein President and CEO , Walbar Engine Components
130 was of paramount concern and that every employee needed to recognize that our products are critical to the safe operation of airplanes ; and thirdly that we all needed to understand that Walbar acts as a direct extension to our customers ’ assembly lines so on-time delivery is vital . We committed to the employees that we would make no changes for short term benefits if they would compromise these three Key Principles .”
With these principles establishing some basic ground rules , Mr . Grein openly shared information about the company ’ s recent financial performance , preceding Cornerstone ’ s acquisition . The company had recorded significant losses and declining sales for the previous four years . “ But then , I went on to
DECEMBER 2018