American Elite Molding Continues Double Digit Growth; Is on Pace to Match 2018's Rate of 30% Growth in 2019
American Elite Molding, America's leading manufacturer of cable ties, continues double digit growth: 30% in 2018 and on pace to match that in 2019; expects to reach over $50 million in sales in less than three years.
CRESTVIEW, Fla., April 29, 2019 /PRNewswire-PRWeb/ -- American Elite Molding, America's leading manufacturer of cable ties, experienced 30% growth in 2018 and is on pace to match that rate in 2019. This marks 15 straight years of double digit growth for the American manufacturer based in Crestview, Florida.
"We are proud to continue our trend of double digit growth, year after year," said American Elite Molding Founder and CEO Robert Sires. "In 2018, our 20th year in business, we had more than $30 million in sales. We have grown from 3 employees to nearly 200, and our production facility in Florida has expanded from 4,000 square feet to 75,000 square feet—and we're almost busting at the seams. We've managed this growth through our dedication to producing superior quality, American-made cable ties and to delivering exceptional customer service. We are constantly improving our processes and expanding production capacity; we have invested over $5 million in new machinery over the past three years and now have 17 machines running 24/7/365. We also now supply cable ties to one of the largest consumer home improvement chains in the U.S. We expect to reach over $50 million in sales within the next three years."
Celebrating its 20th anniversary, American Elite Molding is America's leading manufacturer of nylon cable ties. Located in Crestview, Florida, its state-of-the-art ISO 9001-certified facility operates 24/7/365 and boasts the most advanced production processes in the U.S. AEM offers an extensive line of cable ties in a variety of lengths, tensile strengths, and colors, plus accessories such as mounting pads and cable clamps. American Elite Molding's specialty products include EZ-Off™ ties, releasable ties, custom-printed ties, and HVAC duct straps. All cable ties use virgin nylon 6/6 to guarantee superior quality and are UL Listed and Mil-Spec approved, including UL 62275 Type 21S. AEM maintains a full inventory of all cable ties for Just-in-Time delivery from regional stocking locations to its national distributor network. American Elite Molding is committed to continuous improvement in quality and service in all areas. The company focuses on customer success as well as satisfaction, and all American Elite Molding products are backed by a 100% satisfaction guarantee. For more information, call 1-888-463-3454, visit http://www.AmericanEliteMolding.com, or find AEM on Facebook.
SOURCE American Elite Molding
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