Greenfield Company Rebrands, Expands as NE-XT Technologies
May 1, 2023
Valley Steel Stamp (VSS) was founded in 1971 by William Capshaw with two employees who made steel marking tools for local industries, particularly hand tool companies. Now, the company, led by his son, Steve Capshaw, has announced the launch of its new name, NE-XT Technologies, and a new website designed to define the contemporary capabilities of its team of more than 200 skilled engineers and machinists. Although the company has rebranded, it continues to focus on the precision machining of complex, close-tolerance components and assemblies for aerospace, defense and other industrial applications.
"While we have been in business for 52 years, we are just getting started," said Capshaw. "In 2010, we started investing heavily in new technologies to become a leader in high-production machining capabilities for all industries. We intend to continue a very aggressive growth rate in the years to come organically and through strategic acquisitions so the time is right for a rebrand."
NE-XT was acquired by Jefferson River Capital in 2022, which allowed it to expand in terms of capabilities and its leadership team. That year, Richard Havighorst joined the team as CFO and Katie Szelewicki as VP of Human Resources.
"What started as a family-owned local business is now expanding internationally. We are ahead of the industry and ready for what customers and investors want next," said Capshaw.
For more information contact:
NE-XT Technologies
15 Greenfield St.
Greenfield, MA
413-773-8200
contact@ne-xtusa.com
www.ne-xtusa.com
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