CHANTILLY, VA — The New Horizons Foundation — A Sheet Metal Industry Initiative has selected five key research projects for its 2003 agenda. At its recent Summit Challenge Council meeting, the leadership of the foundation agreed to commit more than $250,000 for project initiatives in the coming year.

The five selected projects include:

Improving Profit Margins Through Comprehensive Identification, Evaluation, and Mitigation of Contract Risk Factors;

Investigating and Applying Lean Production Principles in the HVAC and Sheet Metal Industries;

Quantification of the Effects of Schedule Compression of Labor Productivity;

Tool and Material Control Systems; and

Implementing Research Results.

For more information on the New Horizons Foundation and its latest research projects, call 703-222-9001 or visit www.newhorizonsfoundation.org (website).

Publication date: 12/23/2002