Xten Industries Acquires Assets of Rubbermaid
Xten announced this week that it has added to its injection molding fleet.
Kenosha, WI, December 14, 2008 --(PR.com)-- Xten Industries, an award-winning plastic injection molder and contract manufacturer, announced this week that it has added to its injection molding fleet.
Xten purchased two Cincinnati Milacron MH500 ton molding presses, a Cincinnati MH600 ton press and accompanying robots. These machines are a welcome addition to Xten’s existing capabilities; bringing Xten’s molding machines to a total of 35.
The presses and robots were purchased from a Rubbermaid plant in Tennessee, after the company decided to abandon one of its product lines.
“We are very excited about the additional equipment. This gives us the opportunity to create more efficient work cells in our contract manufacturing facility. We can now meet our customer’s needs even faster and these machines will be extremely helpful with the new business we have slated for January,” stated Xten’s Vice President of Operations, Bill Renick.
The new presses and robots are scheduled to be operational by January 2009.
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Company Information:
Xten Industries, an ISO 9001:2000 certified company, was founded in 1940. Since moving to Kenosha in 2002, Xten’s revenue has grown over 35% annually to over $15 million in 2007. Xten has become a local leader in contract manufacturing and plastic injection molding. Xten and all its employees strive to be an extension of their customers, assembling finished products and drop shipping those directly to ultimate users. Xten provides significant manufacturing efficiencies and has proven to be competitive with Asian and other outsourcing alternatives. The company offers many services including part and tool design, engineering, finishing, in-mold decorating, assembly, and packaging, along with inventory management and logistics solutions. Xten’s mission is to deliver outstanding products on time, at a fair price, working safely in an enjoyable atmosphere while proving that manufacturing can thrive in the United States. For more information on Xten, please visit www.xtenindustries.com or Xten’s headquarters in Kenosha, WI.
Contact Information:
Matthew Davidson
President
262-605-9000 x112
mdavidson@xtenindustries.com
Xten purchased two Cincinnati Milacron MH500 ton molding presses, a Cincinnati MH600 ton press and accompanying robots. These machines are a welcome addition to Xten’s existing capabilities; bringing Xten’s molding machines to a total of 35.
The presses and robots were purchased from a Rubbermaid plant in Tennessee, after the company decided to abandon one of its product lines.
“We are very excited about the additional equipment. This gives us the opportunity to create more efficient work cells in our contract manufacturing facility. We can now meet our customer’s needs even faster and these machines will be extremely helpful with the new business we have slated for January,” stated Xten’s Vice President of Operations, Bill Renick.
The new presses and robots are scheduled to be operational by January 2009.
###
Company Information:
Xten Industries, an ISO 9001:2000 certified company, was founded in 1940. Since moving to Kenosha in 2002, Xten’s revenue has grown over 35% annually to over $15 million in 2007. Xten has become a local leader in contract manufacturing and plastic injection molding. Xten and all its employees strive to be an extension of their customers, assembling finished products and drop shipping those directly to ultimate users. Xten provides significant manufacturing efficiencies and has proven to be competitive with Asian and other outsourcing alternatives. The company offers many services including part and tool design, engineering, finishing, in-mold decorating, assembly, and packaging, along with inventory management and logistics solutions. Xten’s mission is to deliver outstanding products on time, at a fair price, working safely in an enjoyable atmosphere while proving that manufacturing can thrive in the United States. For more information on Xten, please visit www.xtenindustries.com or Xten’s headquarters in Kenosha, WI.
Contact Information:
Matthew Davidson
President
262-605-9000 x112
mdavidson@xtenindustries.com
Contact
Xten Industries
Kendra Buchanan
262-605-9000
xtenindustries.com
Kendra Buchanan
262-605-9000
xtenindustries.com
Contact
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