Philosophy

When Colfax was formed in 1995, our vision was ambitious: create a world-class manufacturing organization through leading-edge management practices and lean manufacturing principles. To date, our strategy has worked well, but we still have a long way to go.

Leading Through Process Innovation

The key to success is our business model, the COLFAX BUSINESS SYSTEM® (CBS)—a customer-focused process, synthesizing strategic planning and execution strategies. It is a powerful force for continuous improvement.

Colfax Values

The Best Team Wins Team-oriented, involved associates are our most valuable resource, and we are passionate about attracting, developing and retaining the best talent. Colfax associates win because we:

• Exhibit high integrity and respect for others
• Seek fact-based, root cause solutions, not blame
• Promote from within
• Are non-political and not bureaucratic
• Are accountable for best-of-class results, and deliver
• Strive for a safe work environment
• Believe that winning is fun

Customers Talk, and We Listen The voice-of-the-customer will always drive the development of our strategic plan, and this will result in:

• A focus on quality and speed always
• Unique, value-added and differentiated solutions
• Robust, repeatable processes that consistently exceed customer expectations
• Positive problem resolution
• Competitive customer conversions

Continuous Improvement (Kaizen) is Our Way of Life The COLFAX BUSINESS SYSTEM® (CBS) is our culture, and we will deploy it with absolute passion. Additionally, we will:

• Step out of our comfort zone by setting breakthrough objectives
• Experiment and learn everyday
• Aggressively and continuously eliminate waste in every aspect of our business processes
• Benchmark the best, and then better them

Leading Edge Innovation Defines Our Future Individual and organizational creativity will drive:

• Breakthrough ideas for technology, products, solutions and processes
• Differentiated customer solutions
• Out-of-the-box ideas, big and small, that add value to our world
• Above market organic growth

We Compete for Shareholders Based on Our Performance To consistently attract and retain loyal shareholders, we must deliver best-of-class results for:

• Profits
• Working capital
• Cash flow

The Driving Force

Driving our company forward are our associates. They take on significant challenges and responsibilities, and it pays off. We call it Total Associate Involvement—with our associates playing the crucial role in developing solutions to meet customers’ needs. Many companies talk about an entrepreneurial approach. Colfax lives it, each and every day.