Wire harness contract manufacturer projects double-digit growth, addition of 50 employees
(WESTFIELD, IN – April 2, 2019) ALTEX, a Westfield-headquartered custom wire harness and cable assembly manufacturer, experienced an annual revenue increase of over 15 percent in their manufacturing sector for 2018 and anticipates even higher double-digit growth in 2019. The privately-held company also recently added to its many quality credentials by achieving UL ZPFW2 certification from Underwriters Laboratories.
ALTEX pursued UL certification at its Mexico facility to assure customers that it maintains the highest safety standards and strictest quality procedures to mitigate the risk of counterfeit materials and components in its end products.
“Counterfeit components are a growing concern for the industry. Tracability becomes very important to combat the issue of using misrepresented raw material,” says ALTEX President Rick Bromm. “Fraudulent materials are a quality risk and could likely result in reduced performance and safety of the harness systems we produce.”
As an industry thought leader and chairman of the Wire Harness Manufacturer’s Association, Bromm has worked with the ALTEX team to build the company’s reputation for quality while also setting industry standards for process innovation.
“Having the systems in place to ensure product quality and also validate compliance of materials used in UL certified products is a key step to getting safe products with high integrity to market,” Bromm says. “It’s important to us and vital for our customers.”
To accommodate continued customer demand, the Mexico ALTEX plant recently added 32,000 square feet to its footprint for a total of 42,000sf. ALTEX currently has 125 employees across North America and expects to increase staffing by nearly 40% in 2019.
ABOUT ALTEX
As a strategic supplier to its partners, ALTEX offers the services and expertise to manufacture even the most complex wire harness, box build and electromechanical assemblies for leading edge companies in the industrial manufacturing, medical, hybrid vehicle, clean energy and other emerging technology markets. For more information, visit altexwireandcable.com.