Matthew Davidson, Xten CEO, said, "We are pleased to have been selected for the 2011 award, and take particular gratification in it being our third time. It's heartening to know that our business model and operating methods have kept us on an above-average growth path."
Xten Industries was featured in a multi-part Modern Plastics Worldwide series as part of an up-close look at how this custom molder succeeds in a tough market. Tim Sheehy, MMAC president, said, "Companies with exportable products and services will continue to drive job and income growth for the region."
Other manufacturing companies named to the Future 50 included Alpha Source Inc., Pho-Tronics Inc., Royal Basket Trucks, TAPCO (Traffic & Parking Control Co.), and Waukesha Metal Products. The Future 50 program recognizes privately-owned companies in the seven-county Milwaukee region that have been in business for at least three years and have shown significant revenue and employment growth.