In Pursuit of Manufacturing Excellence- The Signicast Story

Posted by $ Terrylutz3682 5 years, 2 months ago
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Terry Lutz grew up in Haddonfield N.J. (No kidding).This book is an autobiography by an entrepreneur who was influenced by Ayn Rand while in college. In 1962 during my senior year at Lafayette College, I came across Atlas Shrugged. We had two weeks before finals and I could not sleep (we took pills) so I decided to read it at night. Once I started I could not put it down and finished it in less than a week. It had a profound effect on my life and my successes."In Pursuit of Manufacturing Excellence- The Signicast Story" tells the story of Terry Lutz devising and implementing a new manufacturing strategy that resulted in Signicast growing to the largest commercial investment caster in the USA.

Some key points are: Old versus new Manufacturing Thinking. - The Transformation of a Job Shop into Continuous Flow Manufacturing - How to own and manage a business without over managing it.

I am a businessman and engineer not an author but I thought this story was worth telling. Chapter Seven - Management 101 would be of interest to Ayn Rand followers. You will see her philosophy throughout the book but particularly in this chapter.

I preached the philosophy of Ayn Rand and Atlas Srugged in particular to everyone in my company. If you look at the picture of me in my office, you can see the sign "Who is John Galt" in the background. When I retired the employees gave me an investment cast globe with 3D images of the plants. See the last picture below. Notice the similarity to the Atlas Shrugged logo. In this case it was Signicast holding up the world. You can read more about it in the book.

Go to my web site to see more information on the book. From the web site you can buy the book using Pay Pal or credit card. There are also links that take you to Amazon and Kindle, Nook, and iTunes ebooks.

The direct link to Amazon iis

4.6 out 5 stars on Amazon

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  • Posted by irrevo 5 years, 1 month ago
    Hi Terry,
    I will be giving a talk at the Atlas Summit about the early history of the American Industrial Revolution. That was kicked off by Samuel Slater. About 200 years ago he split with his original partners and went amicably across the river to set up on his own. One of the key issues was that his partners wanted to wait for orders before starting up the factory while Slater felt maximum efficiency could be had by running it all the time. To do that he had to sell to a national market -- and unheard-of idea back then.
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  • Posted by $ 5 years, 2 months ago
    CC - The problem has been fixed. I hope you are enjoying the book. I read "The Goal" several years after I implemented Continous Flow at my company and the similarities are amazing. The only difference is that "The Goal" was a fictitious company while Signicast was real life.
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  • Posted by Danno 5 years, 1 month ago
    Hi Terry, I read how the new owners didn't allow you to have book signing at the company you built up. Pritzker Group bought your company. Now for the obvious question: Does this ownership group have cordial connection with the family group that backed Obama?
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    • Posted by $ 5 years, 1 month ago
      Unfortunately the answer is yes. Tony and JB Pritzker bought my company. During the sale, Tony was my main contact and he said he was a true conservative republican. As it turns out JB was a staunch democrat and was involved in Oboma's campaign. Then Penny Pritzker is named Commerce Secratary. I fell like I was deceived and betrayed. What I said about Obama in my book maybe the reason they cancelled my book signing at Signicast. At least I made them pay a pretty penny for Signicast.
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  • Posted by CircuitGuy 5 years, 2 months ago
    When I click on the PayPal link, it asks for an item price.

    BTW, I saw it on Amazon, and it said readers of this book might like The Goal. I enjoyed that book. I may get the Kindle version of this one.
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