Success Brings New Era For Michigan Manufacturing Company
NEWCO Industries (Litchfield, MI) has changed its name to NEX Solutions. The company has produced a 58-percent compounded annual growth rate (CAGR) over the past four years and has more than doubled its employee base, from 33 to 75. General…
Posted: March 29, 2010
NEWCO Industries (Litchfield, MI) has changed its name to NEX Solutions. The company has produced a 58-percent compounded annual growth rate (CAGR) over the past four years and has more than doubled its employee base, from 33 to 75.
General Manager Kevin Grossman assures everyone that the company has not been sold or restructured. ?NEWCO Industries has been extremely fortunate since we started in 2005. We have a diversified, loyal customer base that has gotten us this far. We deeply value and appreciate their business. I am excited to announce that NEWCO Industries is entering a new era. We have changed our company name as an outward symbol that represents an internal passion to become the premier fabrication, weld and powder coating facility in the Midwest.?
?The company is maturing and we have been asked to take on more mission-critical projects by our customers,? explained Rod Norris, the company?s technical director. ?More important than our name is the investment we are making in plant improvements, people and cultural changes that we feel are necessary for us to meet our customers? expectations.?
?We expect to add another 20 to 25 employees this year,? stated Grossman. ?Times have been tough . . . we feel fortunate we have been able to grow our business in this economic climate. We are excited for the opportunity to create a positive impact in our local community.?
NEX Solutions is a leading provider of custom fabrication, welding and powder coating services, specializing in large components and assemblies that require a high degree of structural integrity. The manufacturer is an ISO 9001:2008 registered company.
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NEX Solutions, 900 S. Anderson Road, Litchfield, MI, 49252, 517-542-0105, www.nexsolutions.com.