Kenosha-based Xten Industries LLC was once a thriving company, exponentially growing revenue, earning awards and adding production shifts.
By late October, however, it was on the verge of closing and laying off 120 employees if it was not sold.
Commercial Plastics Co. of Mundelein, Ill., however, saw potential in the bankrupt plastic injection molding company, bought its assets, and now has plans to expand and hire.
Read more in the current issue of BizTimes Milwaukee.
