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FOR IMMEDIATE RELEASE
May 14, 2007

For more information please contact:
Muriel Mosher
Tel: 207-623-0680

MEDIA ADVISORY


FLOTATION TECHNOLOGIES SET TO RECEIVE MANUFACTURING
EXCELLENCE AWARD FROM THE MAINE MEP

Award to Be Presented at New Biddeford Facility on May 18

The Maine Manufacturing Extension Partnership (Maine MEP) will present Flotation Technologies with this year’s Manufacturing Excellence Award. The award is in recognition of the manufacturer’s efforts toward achieving world-class manufacturing status, implementing best manufacturing practices, and taking the necessary steps required to compete in the global marketplace.

Flotation Technologies (www.flotec.com) is the world’s largest provider of deepwater buoys for use in climate change research, as well as a key supplier to major offshore oil companies such as Chevron, Shell and Exxon Mobil. They were also chosen to provide the syntactic foam flotation used by James Cameron to film the movie Titanic. Recently, they received a 4.1 million dollar contract to provide buoyancy modules for Frontier Drilling.

The Maine MEP recently worked with the company to provide them with a number of services including a comprehensive assessment, which resulted in a strategic business plan, a workforce development plan, and complete reorganization of the production work flow. The manufacturer also participated in Time Wise® Principles of Lean Manufacturing training events and used their new skills to develop a layout for their new plant in the Biddeford Industrial Park. The new 45,000 square foot facility has allowed the company to add 20 new jobs, greatly increased production efficiency and manufacturing capacity.

WHO: Muriel Mosher, Maine MEP
John Richardson, DECD Commissioner
Tim Cook, President, Flotation Technologies
Representative from the Congressional Delegation Offices
 
WHAT: Maine MEP Manufacturing Excellence Award to be presented to Flotation Technologies, in conjunction with the opening of their new facility in the Biddeford Industrial Park
 
WHEN: Friday, May 18 at Noon
 
WHERE: Flotation Technologies, 20 Morin Street, Biddeford, ME



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