Xten Industries is Kenosha Business of the Year
The 2011 Kenosha County Business Excellence Awards, presented by the Kenosha Area Business Alliance (KABA) and the Kenosha Area Chamber of Commerce, will be presented Thursday, Nov. 3, at the Student Center University Ballroom at the University of Wisconsin-Parkside. The revised format for this year’s awards includes a distinction between smaller and larger businesses, as well as recognition of emerging companies known as the “Fast Five.”
Xten Industries Inc. was selected as the 2011 Business of the Year. The award honors a firm that has been in business for at least five years and has more than 30 employees. Xten’s recognition as Business of the Year is only the latest in a series of awards, including being named three times to the Future 50 list of fastest-growing companies, awarded by the Metropolitan Milwaukee Association of Commerce (MMAC) and the Council of Small Business Executives (COSBE). Earlier this year, Xten was one of four KABA members selected as a Wisconsin Company to Watch by the Wisconsin Entrepreneur Network and the Wisconsin Department of Commerce. From 2009 to 2011, Xten added 30 employees at its 78,000-square-foot manufacturing facility in Kenosha. In that same span, the company’s revenue has climbed by $4.5 million, partly stemming from the development of new products for use in medical waste disposal and appliances.
Xten produces plastic parts, assembled components and sub-assemblies and either integrates them into customer products or drop-ships finished products to end-user locations. Currently the company is producing products ranging from 30-gallon medical waste containers to tiny gears and optical lenses small enough to fit on a fingernail.
The selection of Xten was based on factors that included history of growth (sales and employment), innovation (introduction of new products and services), community engagement and overall economic impact on the community.
http://www.biztimes.com/daily/2011/9/8/#xten-industries-is-kenosha-business-of-the-year
