WEST CHESTER, PA, February 25, 2003—Haas
TCM has signed a five-year contract with the United Technologies
Corporation (NYSE: UTX) to provide chemical life-cycle management
services to its facilities worldwide, starting in the United States.
Under the terms of the agreement, Haas TCM will be responsible for
managing the sourcing, procurement, and logistics of all chemicals
used at UTC facilities, using its proprietary, chemicals-specific
e-commerce platform, tcmIS™. In addition,
Haas TCM will provide environmental, health, and safety (EH&S)
compliance management assistance and will be responsible for the
identification and implementation of process efficiency improvement
This program represents a significant component of
“UT 500”, UTC’s sweeping initiative to improve
operating efficiencies and reduce costs across its enterprise. Previously,
UTC’s six companies – Otis Elevator, Carrier, UTC Fuel
Cells, Pratt & Whitney, Sikorsky Aircraft and Hamilton Sundstrand
– performed these chemical-related activities individually.
“We realized that the real costs associated
with chemicals used in our manufacturing processes go far beyond
what we pay to purchase them,” said Brian Ross, UTC’s
Commodity Manager for Chemicals and Environmental, Health and Safety.
“We will now eliminate costs relating to inventory, procurement,
inspection, delivery, hazardous waste and environmental reporting.
Some of these costs are identifiable, but others are still hidden.”
Haas will use its process know how, combined with
advanced information technology and logistics resources acquired
through its recent merger with Radian, TCM to leverage the scale
and diversity of UTC’s operations. “UTC makes an ideal
customer for us,” says Thad Fortin, CEO of Haas TCM. “Our
track record is most impressive where we’ve standardized best
practices across large, multi-facility corporations.”
Headquartered in West Chester, PA, with over 250 employees,
annual revenues of $100 million and operations on three continents,
Haas TCM currently provides chemical lifecycle management services
to customers in the automotive, aerospace, electronics, semiconductors,
defense, metalworking, transportation and heavy manufacturing industries.
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