Slide 1: Annual Shareholder Meeting
Exhibit 99.1 Annual Shareholder Meeting December 5, 2012 © 2012. All rights reserved.
Slide 2: Safe Harbor Statement
Safe Harbor Statement Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995: Any statements set forth in this presentation that are not historical facts are forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially
Slide 3: Table of Contents
Table of Contents • Strategic Vision • Markets Focus • Market Growth • Expansion Plans • Maximize Ranor Performance © 2012. All rights reserved. 3
Slide 4: Strategic Vision
Strategic Vision Expand the Company revenue to $100-million plus in the next 3 - 5 years; primarily through “organic growth” with strategic customers/products in the medical, defense, nuclear, alternative energy markets and constant review of “inorganic growth” through acquisition © 2012. All rights
Slide 5: Strategic Vision
Strategic Vision • Product Solution involves supplying the engineering, large-parts, small parts (mechanical and electrical) in a complete/tested solution • Product Viability: Products must have long-term opportunity (>5-years) in order for the Company to justify investments and support predictable
Slide 6: Strategic Production Solutions
Strategic Production Solutions Proton Beam Carbon Black GDEB/BAE: Multiple Cancer Treatment Furnaces Confidential Virginia Class Gantries Product Assemblies Nuclear Isotope and Fissile PolySi Furnaces Sapphire Furnaces (pending) Transport Casks © 2012. All rights reserved. 6
Slide 7: Diversified Market Growth
Diversified Market Growth Transitioned from a single-site operation with one customer representing ~65% of revenues to a diversified platform, with growth opportunities in a variety of industries on two continents Medical: Exclusive manufacturer of Proton Beam Therapy Nuclear: Reactor Device compone
Slide 8: Medical Device Market
Medical Device Market Medical products addressable market (Source: Espicom, 2010) • TPCS has been exclusively producing equipment for Mevion Medical Systems’ S250 cancer treatment unit • 1,000 unit sales projected for the United States (Source ProNova Solutions) • Estimated Served Available Market (
Slide 9: Nuclear Energy Market
Nuclear Energy Market • Resurgent markets: • 6 U.S. plants under contract • 52 China plants under contract • 12 European plants in planning phase • Nuclear addressable markets • Estimated Served Available Market (SAM): $30-million/year • New construction: new generation advanced-passive nuclear plan
Slide 10: Defense & Aerospace Market
Defense & Aerospace Market • Navy addressable market • Spending for new navy ships (313 ship fleet target) = $25B/year • Block 4 NEW Submarine Program Scheduled for release in 2013 • Block 5 NEW Submarine Program target release 2015 • Aircraft Carriers “Ford” and “Kennedy” under construction • Estim
Slide 11: Renewable Energy Market
Renewable Energy Market • Rapidly growing addressable market with strong long-term prospects • Estimated Served Available Market (SAM): $30-million/year • TechPrecision has produced more than 1,200 high temperature vacuum chambers for the solar and sapphire markets • WCMC division provides the quali
Slide 12: Strategic Revenue Outlook/Market Growth
Strategic Revenue Outlook/Market Growth © 2012. All rights reserved. Not for use or disclosure without the expressed written permission from TechPrecision Corp. 12
Slide 13: Expansion Plans
Expansion Plans: 3 Ø 20,625 sq. ft. with 50-Ton Crane 60-ft. under-hook Ø IRB CapEx Plans: ~$6-7 million over 3-years Ø Target Ground-breaking: Q1 FY2014 Ø Target Completion: Q4 FY2014 Ø Incremental Personnel: 48 © 2012. All rights reserved. Not for use or disclosure without the expressed written pe
Slide 14: Expansion Plans
Expansion Plans: Ø South Carolina Ø 68,000 sq. ft. with 50-Ton Crane 60-ft. under-hook Ø Direct Water Access/Barge Shipment Ø Feeder site for large-scale projects from Ranor Ø Target Ground-breaking: FY2015 Ø IRB Financed CapEx: ~$10-12 million Ø Incremental Personnel: 85 Ø All required Permits/Lice
Slide 15: Maximizing Ranor's Performance
Maximizing Ranor’s Performance • Organization Changes • New Operational Systems • New KPI Systems © 2012. All rights reserved. 15
Slide 16: Organization Changes
Organization Changes James Molinaro CEO Rich Fitzgerald Ken Stephens Bob Francis Bill Hogenauer Chris Poplaski Jiang Han CFO Mngr, Nuclear President, Ranor Inc. Dir. Business Devel. President, WCMC CBO - China Market Dir. Financial Machine Manager Director of Quality Reporting Fabrication Manager Ma
Slide 17: Ranor Systems/Process Improvements
Ranor Systems/Process Improvements New Operational Systems/Process implemented at Ranor: •Management Quotation Approval •ERP Implementation •Order Entry Process •Root Cause Correction Analysis •Automated DL Entry © 2012. All rights reserved. 17
Slide 18: Ranor Systems/Process: Examples
Ranor Systems/Process: Examples Management Quotation Approval: requires all department managers review and approve each quote before it is issued to the customer. If a Purchase Order is received for the quoted item; the Materials Cost, Direct Labor, Quality Control and Engineering hours are then ent
Slide 19: Ranor Systems/Process: Examples
Ranor Systems/Process: Examples ERP System: Ranor is now utilizing the ERP systems and its modules to automate the manufacturing operations of the EXAMPLE ERP MACHINE SCHEDULING business, including but not limited to: •Production Scheduling •Work-order/Routers •Priority Dispatch Report: Fabrication
Slide 20: Ranor Operational KPI's
Ranor Operational KPI’s New Operational KPI’s implemented at Ranor: •Monthly Project GM Reports (Estimates vs. Actual) •Weekly Shipment Report •Monthly on-time Shipment •Monthly Safety Incident Reports •Weekly Machine Utilization Hours •Monthly Non-conformance Reports •Monthly re-work costs © 2012.
Slide 21: Ranor Operational KPI: Examples
Ranor Operational KPI: Examples Weekly Machine Utilization Report: in order to achieve the required monthly/quarterly revenue increases required from the backlog and Long Term Agreements (LTA); Ranor needs to increase the utilization hours of the existing tools. Management is increases the weekly/mo
Slide 22: Summary
Summary Well positioned for the future - with strong momentum and further upside: • Attractive and improving strategic end markets • Growing innovation side-by-side with our Customers • Strong penetration and positioning in developed markets with significant potential in developing markets Re-positi
Slide 23: www.TechPrecision.com www.ranor.com www.wcmcsolutions.com
www.TechPrecision.com www.ranor.com www.wcmcsolutions.com