Kenosha, WI, August 20, 2008 --(PR.com
)-- Xten Industries, a growing leader in the plastic injection molding and contract manufacturing industries, has been recognized and awarded a spot in the 2008 Metropolitan Milwaukee Association of Commerce list of Future 50 Companies. This award is for companies that, according to the MMAC, show a “strong growth in revenue and employment.”
“The Future 50 list is often a harbinger of what’s around the corner for the region’s economy,” said Tim Sheehy, MMAC president. “The fact that much of their business is conducted outside the region means they are attracting outside investment into the region, growing the economic base for everyone.”
The Future 50 companies list began in 1980 by the MMAC and its Council of Small Business Executives (COSBE). It was created to recognize the outstanding achievements of local, fast-growing entrepreneurs. Milwaukee’s Future 50 Program recognizes privately-owned companies in the seven county region that have been in business for at least three years and have shown significant revenue and employment growth.
Xten Industries, along with other winners, will be honored at the annual Future 50 luncheon on Sept. 18 at the Italian Community Center.
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 almost $15 million in 2007. Xten has become a local leader in contract manufacturing and plastic injection molding. Xten and all its employees strive hard 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 and at a fair price and to work in a safe manner in an enjoyable atmosphere. For more information on Xten, please visit www.xtenindustries.com or Xten’s headquarters in Kenosha, WI.