Baton Rouge, Louisiana - Lockwood International
Baton Rouge, Louisiana - Lockwood International
Baton Rouge, Louisiana - Lockwood International
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Answer is C -- The percentage of metal that is used as casting after pouring. The balance is risers which is scrapped and re melted .<br />
LOCKWOOD international<br />
Need-to-know News<br />
Business According to June<br />
Our company is<br />
packed full with<br />
excitement this<br />
year. We are<br />
growing at<br />
lightening speed.<br />
New branches<br />
are opening in<br />
Europe, Singapore,<br />
and the Middle<br />
East. Every branch is<br />
growing and adding<br />
new positions and departments.<br />
One of our most exciting new<br />
June Yonkman,<br />
Vice President ,<br />
Commercial Manager<br />
departments in Corporate Houston is the<br />
Marketing Group. They are very busy<br />
developing a new web site, new<br />
brochures, promotional items, and many<br />
other tools to help promote our company,<br />
people, and products. Take the<br />
opportunity to stop by and meet them<br />
when you get a chance.<br />
Regards,<br />
June Yonkman<br />
Chief Financial Officer<br />
Betty Allen (CFO) took a few precious moments to share her departmental<br />
happenings with us.<br />
All branch acquisitions and renovations require her<br />
involvement and she has been very busy indeed.<br />
In Houston, the Maintenance Department has been<br />
spending time at the new property on Bennington Road<br />
(about 5 miles from Houston Corporate Headquarters). The<br />
facility has about 3,000 sq. ft. of office and over 90,000 in<br />
warehouse space. Renovations will begin shortly and should<br />
be ready for occupancy before year end.<br />
July 15, Building B at Houston Corporate Headquarters<br />
will be completed and ready for occupancy barring delays.<br />
Betty Allen<br />
Chief Financial Officer<br />
Betty is excited about <strong>Lockwood</strong>’s success-past, present and future. She says<br />
its always a good idea to save a nickel or two for a rainy day, but we should all be<br />
proud of what we are growing here at <strong>Lockwood</strong>, and appreciate the success.<br />
T R I V I A<br />
In regards to valve manufacturing, what does “yield rate” mean?<br />
A. The number of valves one rolled coil can produce.<br />
B. The volume of product a particular class (of valve) can control within its<br />
operating specs during pressure drop.<br />
C. The percentage of metal that is used as casting after pouring. The balance is<br />
risers which is scrapped and re melted.<br />
D. Exceeding a materials’ elasticity.<br />
South Africa News: Written by Vince Pittman<br />
<strong>Lockwood</strong> South Africa has been nominated as one of the top emerging<br />
“Broad Based Black Economic Empowerment” (BBBEE) companies of<br />
2008, in the small business sector. The nomination is in recognition of our<br />
participation and excellence in the different pillars of BBBEE. We are<br />
especially proud of our progression and recognition in this area, as it means<br />
that someone in our industry has recognized our efforts. Full credit for this<br />
nomination and our success in Black Economic Employment goes to our<br />
department lead and compliance officer, Kim Paul. Our participation in<br />
BBBEE is important for two reasons: 1) it shows <strong>Lockwood</strong>’s dedication<br />
and willingness to improve the lives of our employees and their<br />
communities, and 2) it is an integral part of the qualification process in<br />
reviewing our ability to participate in Capital Projects. Let’s all give a hand<br />
to Kim and the employees of <strong>Lockwood</strong> South Africa for their efforts and<br />
hard work.<br />
Business Brief:<br />
Proudly, <strong>Lockwood</strong> <strong>International</strong>, Inc. was recently invited to become BBB<br />
accredited in the Greater Houston, TX area. The BBB (Better Business<br />
Bureau) is a U.S. Organization whose purpose is to act as a mutually trusted<br />
intermediary between consumers and businesses to resolve disputes, to<br />
facilitate communication, and to provide information on ethical business<br />
practices. We encourage all branches who are invited to take the time to<br />
complete the application process.<br />
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