1EM: Announces tripling of capacity following acquisition
For more information, contact: Dave Willems at (920) 419-3550 or email@example.com
Neenah, Wis. (August 6, 2012) – Mark Berge and Todd Marohl launched 1 Engineering & Manufacturing, known as 1EM, in December when they acquired the assets and employees of the Fabrication and Engineering operations of Veolia Environmental Services after their French headquarters announced withdrawal from 37 countries. Since then, 1EM has successfully completed work in progress for Veolia commissioned by Oceaneering, IUC Group, Phoenix International and SPX Dollinger, and is already expanding capacity at its Neenah facility with its first capital improvement program.
1EM’s capital improvement program, implemented with the support of Associated Bank, has tripled the firm’s manufacturing capacity while growing its workforce. The effort resulted in a full factory reconfiguration of 46,000 sq. ft. of existing large-scale machinery and the purchase and installation of an extensive list of new, state-of-the-art machining equipment, including:
CNC VERTICAL MACHINING CENTER – maximum 60000 rpm, 55” x 23.6” x 23.6” capacity and 50” taper spindle tooling
CNC VERTICAL TURNING CENTER - maximum 53.1" turn, 62.9" swing, 51" turning length and 11,000 lbs. table load
CNC HORIZONTAL TURNING CENTER- maximum 19.6" turn, 23.6 swing, 35.4" turning length and12" chuck
CNC PLASMA CUTTING MACHINE - 8’ x 20’ cutting area, maximum piercing capacity of 2", 3.2" edge start and water table for cooler parts, less warpage
HORIZONTAL BORING MILL - 78"(X) X 70"(Y) X 66"(Z) capacity, maximum 13,000 lbs. table load and full "B" axis power rotary table
In the process, 1EM has added major projects including a 650’ Saturation Diving System for Dulam International Limited of Dubai, Submarine Decompression System Interface Template sets for Oceaneering International Inc., and Suction Pile Plugs for Subsea 7’s i-Tech Division.
”We are excited to receive positive feedback from existing and new clients regarding 1EM’s integrated approach to engineering and manufacturing. We do all of the work in-house with the newest equipment to avoid any disconnect from what our most demanding clients want and need, and what we deliver – on time and beyond expectation,” said Todd Marohl, VP of Operations.
Glenn Curran, Vice President Commercial Banking at Associated Bank adds, “We’re committed to the growth of companies such as 1EM, which in turn, provides value to the communities in which we do business. As 1EM continues to grow, these additional jobs will strengthen the economy of the Fox Valley.”
1EM President Mark Berge also noted, ”We will continue to invest in the best equipment we can find, and continue to expand our staff across the board. Our clients are investing in the future, and we’re investing with them.”
About 1 Engineering & Manufacturing, LLC:
1 Engineering & Manufacturing (1EM) is a multi-disciplined, vertically-integrated engineering and manufacturing company in the United States specializing in the provision of advanced manned and unmanned intervention systems for the sub-sea oil and gas industry. Serving the entire globe, 1EM provides turnkey engineering and manufacturing solutions. See http://www.1EM.com for further details or call 1.920.749.8100
About Associated Bank:
Associated Banc-Corp (NASDAQ: ASBC) has total assets of $22 billion and is one of the top 50 financial services holding companies operating in the United States. Headquartered in Green Bay, WI, Associated is a leading Midwest banking franchise, offering a full range of financial products and services through more than 250 banking locations in Wisconsin, Illinois and Minnesota, and commercial financial services in Indiana, Michigan, Missouri, Ohio and Texas. More information is available at http://www.associatedbank.com.