Gaston Caperton bought a troubled furniture factory and transformed it into the successful Gat Creek Furniture. He did so using lean manufacturing techniques, focusing on efficiency. It worked. "Within a year, he saved his $1.5 million and used it to pay down his debt, almost exactly according to plan. The company was soon growing 10 percent a year and turning a profit. Gat Creek now employs 140 workers at $20 an hour, including health care, a 401(k) match, holidays and vacation. Gat Creek sells $18 million worth of tables, chairs and beds annually." Just imagine what lean manufacturing plus machine monitoring could do for you!