Business Turnaround Services News
Emerging News On Corporate Turnaround Services Company Turnaround Partners, Inc. (TRNP)
Turnaround Partners Business Services
In November 2005 Corporate Strategies, Inc. initiated business turnaround and business growth consulting services for Nexus Custom Electronics, Inc., a 38-year-old custom printed circuit board and prototype manufacturer located in Woburn, Massachusetts and Brandon, Vermont.
Nexus, a well-known brand in New England markets, had experienced competitive pressure from Chinese manufacturers. This dramatically reduced gross sales, which were as high as $30,000,000 annually two years ago.
Utilizing their business restructuring expertise Corporate Strategies has been able to turnaround the negative operating conditions at Nexus. Techniques to restructure this American manufacturing company included:
Refining manufacturing techniques, improving delivery times to customers and identify new markets with the margins necessary to support Nexus as a viable, continuing enterprise.
Corporate Strategies installed manufacturing expert Mel Roseman as COO of Nexus. Manufacturing volumes have nearly doubled, margins continue to increase and Chapter 11 restructuring has been averted. New business revenues generated include contracts with Apache helicopters, the US military, military HumVees and classified applications.
America manufacturing and operating centers in Vermont and Massachusetts have been streamlined with significant efficiency enhancements. Orders have increased so the compnay now maintains a steady production backlog.
Corporate Strtegies now owns a 70% interest in Nexus Custom Electronics, Inc. This presents an outstanding opportunity where Emerge shareholders benefit directly from the successful application of Emerge’s business turnaround expertise. TRNP stock provides investors with the chance to invest in a government defense contractor company with the potential for outstanding new growth.
Defense Contractor Products Company Benefits
From Turnaround Partners, Inc (TRNP)
Business Turnaround Services
Turnaround Partners, Inc. owns a 70% interest in Nexus Custom Electronics, Inc., a manufacturer of custom printed circuit boards used in multiple defense contracting applications including; Apache helicopters, Military Hum-V's and classified defense applications.
