Oberg Industries Expands With X-L Engineering Acquisition in Niles, Illinois
04/04/2018
Originally incorporated in 1943 as a grinding services company, X-L Engineering now has over ninety skilled machinists primarily focused on the medical device and aerospace markets. The organization will become an extension of Oberg Medical as its XL Division and will be re-branded externally as "Oberg Medical – XL Division."
According to Oberg officials, X-L's strengths in thin-walled turning, Swiss machining and, in particular, gun drilling will provide new and expanded capabilities for Oberg to offer to its customer base as well as additional resources in engineering, new product development and prototyping.
David Bonvenuto, Oberg's CEO, said, "The culture and passion that X-L's management and employees embrace for precision and advanced manufacturing is a perfect fit for Oberg Industries. We believe both Oberg's and X-L's customer partners will benefit from our consolidated ability to provide enhanced manufacturing capacity in core areas of our business while now having new manufacturing capabilities in house that were previously limited in capacity or outsourced."
The addition of the XL Division will expand Oberg's headcount to more than 900 skilled employees worldwide with combined sales expected to exceed $150 million by the end of 2018, Oberg reported. With production facilities in Pennsylvania, Illinois and Costa Rica, Oberg is a strategic contract manufacturing partner for companies in the Aerospace, Automotive, Consumer/Industrial Products, Defense, Energy, Construction and Housing, Medical Device, Metal Packaging and Munitions markets.
Project Announcements
AESC Expands Florence, South Carolina, Operations
03/28/2024
Alticor Expands Ada Township, Michigan, Operations
03/27/2024
Eastman Plans Longview, Texas, Production Operations
03/27/2024
DHL Supply Chain-Vantage Data Centers NV11 Plan Nevada Operations
03/26/2024
Big Jet Expands Pittsburgh, Pennsylvania, Operations
03/26/2024
Landmark Ceramics UST Expands Mt. Pleasant, Tennessee, Operations
03/25/2024
Most Read
-
2023's Leading Metro Locations: Hotspots of Economic Growth
Q4 2023
-
2023 Top States for Doing Business Meet the Needs of Site Selectors
Q3 2023
-
The Logistics Analysis That Drives Industrial Site Selection
Q4 2023
-
Manufacturing Momentum Is Building
Q1 2024
-
Technology’s Influence on Workforce Development
Workforce Q4 2023
-
38th Annual Corporate Survey: Are Unrealized Predictions of an Economic Slump Leading Small to Mid-Size Companies to Put Off Expansion Plans?
Q1 2024
-
37th Annual Corporate Survey: Economic Pressures Exerting Greatest Effect on Decision-Makers
Q1 2023