BBK

Southfield, Mich. - January 27, 2010 - BBK, an international business advisory firm providing services across a wide range of industries, today announced the creation of Performance Improvement, LLC. Performance Improvement is a separate entity that helps companies improve the quality, delivery and cost associated with their operational performance, outside of the traditional BBK framework.

"We recognize a rich possibility to bring new opportunities to clients and companies seeking an in-depth focus on rapid and sustainable improvement in manufacturing operations," said Bill Diehl, President and CEO of BBK.

Guy Morgan, a 30-year veteran of plant management operations will lead Performance Improvement. His team will serve manufacturing clients in private equity, aerospace, automotive supplier and broader industry segments.

"Performance Improvement will create a structure for clients so they will be prepared to handle the fast-changing economic landscape and prepare for the days ahead," said Morgan. "We will work with companies to assess operations and offer advice and recommendations on how to drive profitability through things like improving manufacturing quality, delivery and cost to providing sustainable operational solutions and also providing VA/VE services."

Morgan said that many companies could benefit from being sure that they have best practices in place for their entire process to help them manage through these difficult times. "One of the chief challenges facing companies now is how they can ramp up their operations and production after having cut costs so dramatically during the recent recession."

Performance Improvement follows a set of relatively strict, multistep guidelines for assessing a client's needs and providing advice. After an initial assessment of a client's needs, the firm provides in-depth analysis to the client in the form of a sufficiency plan. Hands-on execution of the sufficiency plan by Performance Improvement's experienced Lean practitioners will help clients implement and maintain these changes.

Performance Improvement Lean practitioners already have completed a number of engagements. These include: Increasing throughput by 263% for a Hybrid Battery Supplier; identifying $1.6 million in cost reductions in just nine weeks for an Aerospace Supplier and identifying $33 million in savings during an acquisition due diligence for a significant Private Equity Firm.

For information on Performance Improvement services, visit www.performanceimprovementllc.com.

BBK, an international business advisory firm established in 1977, provides financial and operational services that enhance the growth, profits and stability of its clients. BBK has an extensive network of professionals throughout the United States, Europe and Asia, and has completed thousands of engagements for a variety of clients, including Fortune 500 corporations, mid-sized companies, financial institutions, law firms and private equity firms. For more information, visit www.e-bbk.com.

Performance Improvement, LLC provides advisory services for rapid and sustainable improvement in manufacturing operations. It helps companies improve the quality, delivery and cost associated with their operational performance through services like operations assessment, advanced planning and development, and supply chain management and protection. For more information, visit www.performanceimprovementllc.com.