This technical information has been contributed byCRESTVIEW, Fla. — Bay State Cable Ties LLC has a new name, American Elite Molding LLC, that the company believes better reflects its identity and will serve it better as it grows in the future. The name change reflects the company’s rapid growth over the last 12 years, from a small reseller to a $25 million U.S.-based manufacturer that produces 1.5 billion cable ties a year.
American Elite Molding
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Bay State Cable Ties Becomes American Elite Molding
Company is also named finalist in ‘Florida Companies to Watch’
“We’ve seen a real resurgence for ‘Made in America,’” said American Elite Molding CEO Bob Sires, who founded the firm in 1998. American Elite Molding has distribution centers in Crestview, Fla., Carmel, Ind.; Terryville, Conn.; and Los Angeles.
Sires said that the name was carefully chosen. The word “American” shows its commitment to keeping its manufacturing in America and its national coverage with four distribution centers. “Elite” refers to its position as a leading U.S. manufacturer and dedication to product quality and customer service.
The maker of nylon cable ties expanded its manufacturing plant last year by 20,000 square feet and also has established several new distribution centers regionally to allow for just-in-time shipping. American Elite operates out of a 75,000-square-foot facility in Crestview, Fla. that is running 24 hours, seven days a week. It makes cable ties in a variety of lengths, tensile strengths and colors, as well as mounting pads and cable clamps.
The company recently announced that it was named a finalist in the 2016 Florida Companies to Watch, a statewide competition. The contest, run by GrowFL, honors companies for their annual revenue and employment.
Chosen from a candidate pool of more than 124 growing second-stage businesses, the finalists collectively represent $598 million in annual revenue and employ 3,028 full-time equivalent employees.
“We are honored to be a finalist in this competition,” said American Elite Molding CEO and Founder Robert Sires. “We are proud of what our company has achieved, posting double digit growth for 12 straight years and producing over 1.5 billion cable ties a year. We have enjoyed great success as a Florida-based manufacturer and look forward to continued growth, as we plan to double in size within the next five years and reach $50 million in sales.”
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