Dec 20, 2019   SOURCE: PR NewsWire

American Elite Molding Announces 30 Percent Growth for 2019, Among Other Achievements

CRESTVIEW, Fla., Dec. 20, 2019 /PRNewswire-PRWeb/ -- American Elite Molding, America's leading manufacturer of cable ties, announces that in 2019 the company experienced its second year of 30 percent growth and its 15th straight year of double digit growth.

In 2019 the company enjoyed multiple achievements:

    --  Significant expansion of production capacity, including the addition of
        a new mold that enables manufacture of 48" 175lb cable ties.
    --  30 percent growth for the second year in a row.
    --  Kept prices competitive despite rising costs.
    --  Increased the tensile strength of 120lb cable ties significantly with an
        innovative new design.
    --  Signed a deal to supply cable ties to one of the largest consumer home
        improvement chains in the U.S.
    --  Introduced a variety pack of standard cable ties for retail outlets.
    --  Implemented a Progressive Reward program for employees.
    --  Partnered with The Arc of the Emerald Coast to provide jobs for their
        local clients.
    --  CEO and Founder Robert Sires was named one of Florida's 500 Most
        Influential Business Leaders for 2019 by Florida Trend Magazine.
    --  AEM was named a finalist in the 2019 Florida Sterling Manufacturing
        Business Excellence Awards.

"We are proud to continue our trend of double digit growth, year after year, and are grateful to our loyal customers and our dedicated staff," said American Elite Molding Founder and CEO Robert Sires. "In just over 20 years, 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. We've managed this growth through our commitment 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. In 2020, we will remain committed to providing top-quality made-in-USA products and superior service for our customers, including Just-in-Time delivery. 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(TM) 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