Welcome to Textron. Click here to skip to main content.
Welcome To Textron
11/20/09
NYSE: TXT -
$19.64
About TextronTextron BusinessesNewsroomInvestor RelationsCareers
 Find A Textron Business Find a Featured Textron Product  

Home | Contact Us | Site Map

Perform Search
Click Here to Bookmark This Page
Click Here to Email This Page
Click Here for a Printable Version of This PageClick Here to Submit Feedback on This Page

News Release


Lycoming Receives Shingo Silver Medallion

Honored with E-Z-GO at 21st Shingo Prize Conference

Williamsport, PA - June 1, 2009 - Lycoming Engines, a Textron Inc. company (NYSE: TXT), was recently honored for its operational excellence at the 21st Annual Shingo Prize Conference in Nashville, Tenn. Ian Walsh, Lycoming senior vice president and general manager, accepted the Shingo Silver Medallion at the conference’s gala.

“The Shingo Silver Medallion makes a strong statement that Lycoming has transformed itself into a world-class manufacturer,” Walsh said. “It also helps us set the bar for moving up to the top honor, The Shingo Prize, which we were proud and excited to see our teammates at E-Z-GO win at this year’s Shingo ceremony. Way to go E-Z-GO!”

Dubbed the “Nobel Prize for manufacturing,” the Shingo Prize is named in honor of Dr. Shigeo Shingo, the famous engineer who helped create the Toyota Production System and other Lean Manufacturing processes. The Shingo Prize program is recognized as the global, premier award process for operational excellence. Businesses can challenge for Shingo only after they have shown measurable, statisitical and sustained levels of operational excellence and exhibit a lean culture across all functions.

After submitting a comprehensive report based on its achievements over a minimum of three years, the business then must undergo a rigorous multi-day on-site evaluation. Scores for the Shingo Award are given in several categories, including leadership and ethics, people development, continuous process improvement, lean enterprise culture, and business results.

Since beginning its transformation in 2005, Lycoming has:

  • Improved quality and reduced non-conformities by over 90 percent;
  • Improved safety by 30 percent and twice gone one million hours without a lost time injury;
  • Improved OEM on-time delivery from 40 to 98 percent and been named one of Cessna’s “Top Suppliers,” the first engine manufacturer so honored;
  • Benchmarked for our Value Stream Improvement Process (VSIP) and Quality Improvement Process (QIP)

Lycoming’s Shingo evaluation took place last fall and the award was announced in December.

About Lycoming Engines
Lycoming Engines specializes in Engineering, Manufacture, Service and Support of piston aircraft engines. Headquartered in Williamsport, Pennsylvania, Lycoming piston engines power more than half of the world's general aviation fleet - both rotary-wing and fixed-wing. Lycoming Engines is a division of Avco Corporation, a wholly owned subsidiary of Textron Inc. More information is available at www.lycoming.com.

About Textron Inc.
Textron Inc. is a multi-industry company that leverages its global network of aircraft, defense, industrial and finance businesses to provide customers with innovative solutions and services. Textron is known around the world for its powerful brands such as Bell Helicopter, Cessna Aircraft Company, Jacobsen, Kautex, Lycoming, E-Z-GO, Greenlee, and Textron Systems. More information is available at www.textron.com.

Contact Textron PR

Michael Maynard
Textron Corporate
Media Relations
Textron Inc.
PR@textron.com
Tel. (401) 457-2474
Fax (401) 457-3598

News by E-Mail

Subscribe to Textron's e-mail news service to receive our news and financial releases.

Accuracy

The information contained in these press releases and statements was accurate, in all material respects, at the time of issuance. However, Textron and its business units assume no obligation to update the information to reflect subsequent developments.

Horizontal Rule