SEKISUI Voltek Announces a 3-year Reinvestment Plan to Spur Continued Growth
USA. Coldwater, MI — November 8, 2016. — Sekisui Voltek is launching a company-wide reinvestment initiative across their North American operations. The comprehensive, 3- year plan includes a phased transition to consolidate production facilities into a single location in Coldwater, Michigan.
“We are very excited about the company’s future and our approach to sustain long-term viability,” said Neil Beckhusen, President of SEKISUI Voltek. “Our plan to reinvest $20 million back into our business through a comprehensive, 3-year plan will help us be more competitive and position us to better serve our customers.”
The reinvestment plan represents a significant effort across all functions of the business. This will enable the company to remain competitive in the market by advancing new technologies and products, streamlining production processes and expanding employee training programs.
Beginning in the first half of 2017, the company will undertake a phased transition to consolidate operations to the production facility in Coldwater, MI. This move will improve delivery times for many customers, potentially reduce freight and other costs and provide room for on-site expansion.
“We are dedicated to our customers – and that starts by investing in a work environment that values the contributions of our employees,” said Neil Beckhusen. “By putting this plan into action we are taking the necessary steps to evolve our company in ways that are beneficial to all.”
About SEKISUI Voltek
As a high-performance plastics company within SEKISUI Chemical, a $11 billion global plastics and chemical company, SEKISUI Voltek is an integral part of a worldwide network dedicated to problem solving, continuous improvement and complete customer satisfaction. Our own expertise is augmented by that of the other Sekisui companies, giving you the benefit of more brilliant minds than you ever thought possible. Sekisui Voltek currently has manufacturing facilities in Massachusetts and Michigan, and sales offices located throughout the United States.