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Kimray Industries Magazine May 2019

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Kimray Industries Magazine May 2019 RED IRON KIMRAY INDUSTRIES MAGAZINE MAY 2019 MAY 2019 1 A Kimray Industries monthly Ask Aarthur magazine distributed to team CALL FOR ARTISTS members and shareholders Welcome to May! Occasionally, our People & Culture Team to provide information about fields a variety of questions that can usually be answered company culture, development, in Kronos. Let’s look at a few of them below: The Fifth Annual and community involvement. Q: How do I apply for the child care or student loan reimbursement? Contributors A: The forms for both are available in Kronos. KIMRAY Log in to Kronos and select the three blue lines in the upper left-hand corner. Then Lynly Grider go to Home > Our Company > Documents CREATES Communications Graphic Artist > Download Documents. These forms also detail what else People and Culture will need you to Heather Weaver turn in (a copy of child care contract, promissory note Communications Specialist for your original student loan, etc.) to apply for that Submit original works of art by Kevin Blankenship reimbursement. People and Culture can let you know exactly what needs to be done. Communications Manager Q: How do I update my address or phone Thomas Hill JUNE 3 number? CEO A: Log into Kronos and click on the three blue Shad Glass lines in the upper left-hand corner. From there, The showcase will be displayed in Executive VP go to My Account > My Actions > Change the Kimmell Conference Center address/Personal Information. Then make sure that you make the effective date of the change, today’s date. Then navigate to the phone number July 12 – August 9 entry and you can change it there. Make sure you SAVE and SUBMIT your changes. Cover photo featuring Territory 8 robotic machine Q: How do I get access to the Wellness Center? A: Complete the Wellness Center Waiver inluded in your new hire packet, or you can print it off from If you would like to submit an Kronos. Log in to Kronos and select the three blue lines in the upper left-hand corner. Then go to Home > Our Company > Documents > Download Documents. Return the completed form to People inquiry or suggestion for an and Culture. For spousal access, they’ll need to submit their own form, and we’ll also need a photo upcoming article, email us at of them that we can use to make their badge. There will also be a one-time $20 payroll deduction to [email protected]. cover the cost of the badge. Do you have a question you want answered? GIVE ME A SHOUT AT [email protected]. To submit a Kudos, email us at [email protected]. All content ©2019 Kimray, Inc. IN THIS ISSUE 4 Making Kimray: Journey of the Valve Find us online 6 A Record Year with Flat Sales 8 Habitat for Humanity www.kimray.com 10 A Day in the Life 14 Equip and Empower through Education 16 Making a Difference: Hough Ear Institute 18 Memorial Day 20 Annual Shareholders Meeting and the Family Council 22 Family Events For the Kimray Creates Submission Guidelines, visit 24 New Faces & New Places 26 Food for Thought kimray.com/kimcreates 27 Anniversaries & Kudos 28 Take A Break with Aarthur or contact Lynly Grider at [email protected] or ext. 1029 CALL FOR ARTISTS The Fifth Annual KIMRAY CREATES Submit original works of art by JUNE 3 The showcase will be displayed in the Kimmell Conference Center July 12 – August 9 For the Kimray Creates Submission Guidelines, visit kimray.com/kimcreates or contact Lynly Grider at [email protected] or ext. 1029 JOURNEY OF THE VALVE MACHINING THE AAR reaking down the journey of Kimray’s AAR parts, helps show the hard work and dedication of each team member involved in creating the final product. Each step in the journey ensures that Kimray’s parts are Bmade of the highest quality, which helps to maintain a good name in the oil and gas industry. One of the major steps in following the journey of the AAR, requires making a stop in Kimray’s automated machine shop, Territory 8. “Most of what we run are parts for the AAR,” said Matt Berry, Machine Shop Supervisor. “We currently run raw castings, not bar stock, through our automation process. In our territory, we run the AAR’s bonnet on one of our lathes and the AAR’s body and lower housing on one of our mills. On average, we produce about 200 AAR bodies in one working day.” The process for creating each part of the AAR was originally done through the precision hands of a machinist. With automation, safety and efficiency guide The upper housing of the AAR arrives the production of at Kimray as castings that need to be machined before it can be assembled. more parts, and the machinist takes a supervisory role to maintain the machine and address any issues that could arise. Territory 8 is able to produce a high quantity of AAR bodies due to the unique abilities of each robotic machine. “Using this type of machine work, we are revolutionizing how Kimray produces parts, which means we are making an even greater impact for the customers we serve,” said Matt. In addition to creating high-quality products, these robotic machines are also producing better, quicker MAKING KIMRAY checks and balances. But it’s all done under a trained Josh Harper sorts the AAR upper housing parts so the 4 RED IRON MAGAZINE automated process can begin. eye of an experienced machinist, to guide the automation process. “We take our blueprint specifications and program them into the machine,” Matt said. “The machine then fabricates each part. After it runs the part, the machine uses a probing system to test the quality of specific, critical areas on it. If it sees the part is not in our optimum tolerance, then it can offset itself automatically and put the part back in the machine to fix the problem area. If the problem area is too far out of spec for the machine to fix, a light turns on to notify one of our machinists. The machinist can then make manual adjustments to fix the problem area.” After the AAR parts are fabricated in Territory 8, all but one of the parts go to Kimray’s Paint Booth. The stuffing box is the only part that does not get painted, as it’s composed of stainless steel to provide better protection against saltwater and hydrogen sulfide. Lower housing of the AAR being sent through the paint booth. Including the Paint Shop is an important step in the machining of these parts because it is this step where Kimray’s signature color is applied to each product. Using a specific chemical formula in Kimray’s red paint also ensures each part can sustain environmental conditions once the final product is finished and sold to customers. When all parts of the AAR complete the machining and coating process, they then head to Assembly. In our next issue, we’ll explore the machining process of the 3-inch High Pressure Control Valve (HPCV). The OKMO1 readies the upper bonnet parts of the AAR, so they can be machined. MAY 2019 5 A RECORD YEAR WITH FLAT SALES 2018 was a great year for Kimray. We ended the year with more sales and cash on hand than we had anticipated, with sales coming in at $206.6 million—a full 33% increase over the prior year. Kimray is now on pace to experience another record year WHAT’S BEING DONE for 2019. Yet sales have gone flat. With the price of oil at Kimray’s leadership has analyzed areas that could be roughly $60-65 a barrel and natural gas riding at $2.50, it improved. In doing so, projects like the new Distribution seems unlikely that this would be the case rolling into the Center (DC) have come to life. This new area will be second quarter of the year. But the energy market is always able to hold more than 8,000 products when completed. subject to the needs of supply and demand. In Kimray’s With plans to operate it with a new Automated Storage case, we struggled with long lead times in 2018. We also and Retrieval System (ASRS), the DC is set to go into had strong oil prices at the end of the third quarter. operation before summer. Since coming out This resulted in our distributors stocking up of the downturn, Kimray has maintained on inventory. Then oil prices softened and some of the highest cash balances in fell back into the $40’s during the fourth company’s history, which has allowed quarter. While oil prices are higher and Sales flattening have us to invest heavily in needed upgrades more stable today, we still have a lot of allowed us to take care of to equipment in machine shop to inventory with our distributors being increase efficiencies. Team members sold well into this year. some things in new ways. are also being reassigned to assist in With company sales lower than –Shad Glass other areas, as teams from Assembly originally forecasted, Kimray has have been reassigned into Machine focused on areas that can be improved. Shop and Crating to help in areas where Working smarter, not harder, is a familiar they can. route the company has taken since it was The Kimray Sales Team has also been founded. This is because an upturn in market restructured to include the business development team demand will come again. in their regional reporting structure.
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