2013 has been an exciting year for the entire Exacto Spring family! As the nation’s economy has rebounded from a few tough years, Exacto Spring has flourished. Positive movement in the medical, auto, and aerospace industries brought a wave of new business and customers to Exacto Spring in 2013.Thanks to a spike in orders, we were able to make some big changes in 2013. Here are some of the highlights:
We purchased another building for use as a storage and receiving center. This new 25,000 sq. ft. facility, which we are calling Exacto West, allows us to house all of our raw materials, which increases our manufacturing space at our main facility for future growth. The new building brings our total square footage to 150,000. Additionally, we have been hiring in all areas of our company this year due to our company’s growth.
New Equipment and Capabilities
By adding new coiling equipment, we are reaching new markets for the spring side of our business. The new fleet of machinery also expands our capabilities, including the addition of small run productions up to .250 wire diameter and our niche of .156 and below. We have now over 150 pieces of production equipment. We have also increased automation and we’re constantly innovating new products in order to reduce costs, exacto-ize our equipment, and better serve our customers.
So what does 2014 hold for Exacto Spring? We firmly believe that the global economy has turned a corner, and that 2014 will be just as strong as 2013.The best part is that thanks to our expansion this year, we are prepared for whatever 2014 has in store.