For Fox Valley Metal-Tech Inc., there’s more to being a successful company than just making quality products or the financial bottom line. “I believe if you want to get something out of our industry you have to give something back,” says John West, president of the Green Bay, Wis.-based custom metal fabrication company.  “Staying involved in our industry and community is very important to us.”

For the company as a whole and West personally, getting involved means participating in local charities and professional organizations as well as building strong connections with both business partners and employees. FVMT donates money and time to a number of causes including community centers, rehabilitation centers, pediatric and breast cancer research organizations, the Shriners Club, Special Olympics and the Boys and Girls Club. West serves on the board of ASPIRO Inc., a non-profit organization that provides assistance to the developmentally disabled by training them to perform contract manufacturing and assembly services. 

FVMT’s professional affiliations include the Northeast Wisconsin Manufacturing Alliance, a group of manufacturers, workforce development boards, chambers of commerce and state organizations that works with technical and high schools to promote manufacturing in the region. The alliance’s activities include a recent manufacturing conference attended by students and more than 130 area companies, as well as an “All-Star” recognition award program that has noted the work of several FVMT employees.

The company also works closely with suppliers and other business partners. These include Nicolet National Bank, who handles FVMT’s line of credit and finances, and financial advising firm Wipfli LLP. In addition to regularly auditing FVMT, Wipfli also helped the company develop its human resources department and training program. The advisor also played an important role in helping FVMT plan for a building expansion in 2009 by conducting a cost segregation analysis that helped the company take full advantage of tax laws and optimize its cash flow, West notes.  

“Having local partners who really look out for us financially has helped this company to grow,” he adds. “I’m proud of the quality of not just our workmanship, but all the relationships we have.”

A Collaborative Culture 

The company’s receipt of the Northeast Wisconsin Manufacturing Alliance’s “All-Star” award, as well as other honors including the 2010 Federal Supplier of the Year award, are a testament to FVMT’s employee development efforts. “I’m proud of the skillset that our people have and the pride they take in the work that we do,” West says. “That’s what really makes the company what it is.”

FVMT employees are involved in more than manufacturing operations, as company management regularly conducts what it calls “fast break” meetings with six employees at a time to exchange ideas and address concerns in its manufacturing plant. As a result of these meetings, FVMT has made changes to shop floor scheduling reports that are displayed in real time on computer screens in its inspection and shipping department. This has helped it improve its overall operations and attain a 98 percent on-time completion rate on its projects, he adds. 

A Reputation for Quality

Founded in 1989, FVMT specializes in fabricating stainless, steel and aluminum fabrications and parts for customers in a variety of industries including defense contractors, equipment manufacturers and capital goods suppliers. “Our niche is lower-volume, more difficult types of custom parts that require the type of precision you might not find in a typical sheet metal fabrication business,” West says.

The company’s projects include fabrications used in shipbuilding, printing and publishing equipment, car wash equipment, beverage equipment, paper and packaging machinery, power generation and utilities. All of FVMT’s projects are made to client specifications. 

Many of the fabrications produced by FVMT are given prominent placement in their customers’ facilities. “On the commercial side of our business, we have customers who are looking for parts that really set the appearance of their machine, such as guards, large stainless steel hoppers or weigh buckets on scales,” West says.The quality and high tolerances of the company’s projects have helped it build a base of repeat clients. “We have not been much of a marketing company; customers have tended to come to us,” West adds. “It’s really only been in the last few years that we’ve hired business development staff.”

All of the company’s projects are performed in its manufacturing facility in Green Bay. FVMT’s 2009 expansion added 40,000 square feet to the company’s facility, bringing it to a total 110,000 square feet. FVMT’s staff are trained in the use of a variety of equipment including: 

  • CNC Lasers
  • CNC water jets
  • Saws
  • Shears
  • CNC punch presses
  • Press brakes
  • A CNC pem inserter
  • Machining centers
  • Robotic and manual welding cells
  • Inspection equipment

 

In addition to expanding its facility, FVMT has also in recent years invested extensively in new equipment and systems including a large automation system in its laser cutting area, an automatic storage and retrieval system used to load and unload sheet metal, a boring bar machine, several new press brakes with 3-D visualization software. This software will allow operators to clearly see how a part should be placed into a press brake and will enable them to see each part of the brake process on a monitor, giving them tighter control over quality.

These investments reflect the company’s overall commitment to quality and continuous improvement. The company is ISO 9001 certified and incorporates a number of lean manufacturing practices into its operations. Lean practices include reorganizing work areas, eliminating waste and integrating project scheduling into its corporate ERP system. “Our facility is set up in a way that will produce 1,200 to 2,000 different parts a month, which could be 90 different parts a day,” West says. “We are regularly complimented by people who come through our facility on how we are able to monitor our jobs.” 

Safety First

Safety is also an important component of FVMT’s operations. The company has an internal incentive program in place that rewards employees with a free lunch if there are no lost time injuries over a six-month period and an additional vacation day if there are no injuries for 12 months. 

The company also performs internal safety audits monthly. Shop supervisors are trained by the FVMT’s safety engineer and safety coordinator on all aspects of workplace safety and health, and they in turn hold employee training sessions, the company says.

As a result of these efforts, FVMT has had success with its safety program and has had periods of no lost time accidents lasting longer than four years. “Fox Valley Metal Tech recognizes that employee cooperation is necessary to help ensure a safe working environment, and it is the employees’ responsibility to know and utilize existing safety policies and guidelines,” the company adds.

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  • WESTMINSTER, S.C., Jan. 17, 2019 (GLOBE NEWSWIRE) -- JB Land, Inc. located in Westminster, SC, is currently selling a 7.56 acre parcel of land and building in Fair Play, SC on the online marketplace AuctionDeals.com.

  • WALTHAM, Mass., Jan. 17, 2019 (GLOBE NEWSWIRE) -- Enterprise Information Resources Inc.™ (EIR), a consulting and software development firm specializing in compensation and variable pay, today announces EIR Compensation Analytics™ has met the certification requirements set by ISO/IEC 27001.

  • AUSTIN, Texas, Jan. 17, 2019 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- Golden Developing Solutions, Inc. (OTCMKTS: DVLP) (“DVLP” or the “Company”), an emerging leader in the Cannabis, Hemp, and CBD marketplace, is excited to announce the broad nationwide expansion of its Where’s Weed segment, and its primary assets, the Where’s Weed Mobile App and WheresWeed.com, representing an online and mobile cannabis services hub that focuses on fast, secure, and efficient discovery, purchasing, and delivery scheduling of cannabis in both recreational and medical markets in the United States and Canada.

  • MONTREAL, Jan. 17, 2019 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- Montreal-based Investel Capital Corp (Canada) (“Investel”) announced today that on January 13, 2019, Investel along with Teliphone Corp, TNW and a number of affiliates, entered into a binding settlement agreement (“Settlement”) with Bond Mezzanine Fund III Limited Partnership and Bond Capital Fund V Limited Partnership (“Bond Capital”). All aspects of the Settlement are expected to close before the end of the month. The terms and conditions of the Settlement are confidential and the Settlement ends more than 2 years of legal disputes between the parties.

    The Settlement paves the way for Investel, Teliphone Corp and TNW to launch actions to expeditiously recuperate certain telecom assets which have been at the center of a dispute under a Companies’ Creditors Arrangement Act process (“CCAA Process”) related to 8640025 Canada Inc. (Petitioner). This includes: assets that were purportedly sold and vested under the CCAA Process but which Investel contends were not owned by the CCAA Petitioners and so should never have been included in the CCAA Process, assets which have not properly been paid for as per the associated Sale and Vesting Order and therefore need to be returned to the Petitioners or their proper owners, and assets for which ownership is still disputed. Should Investel, Teliphone Corp and TNW be successful in final recovery of the assets, the parties will be free to complete a transaction to transfer these assets to United American Corp (“UnitedCorp”) (OTC: UAMA) and these assets will form part of UnitedCorp’s future wireless operation under a previously announced agreement to acquire TNW Wireless Inc. (TNW Wireless).

    Investel will also begin the process of assessing the level of damages it incurred during the CCAA Process that it alleges would have been caused by Ernst & Young. Investel believes Ernst & Young acted inappropriately by  accepting the role of the Court-appointed Monitor while at the same time acting as a Commercial Financial Advisor to Investel (and its ownership) as owner of the Petitioner, all while essentially being funded by one of the creditors.  Investel believes that this multiple role compromised Ernst & Young’s independence as the Monitor and that Ernst & Young used its power granted as the Monitor to skew the CCAA Process in a specific direction to its own benefit and to the detriment of Investel and its affiliates. Since August 2017 the two actions in this matter initiated by Investel and its affiliates, which went to the British Columbia Court of Appeal, and both were decided unanimously in favor of Investel and its affiliates and against Ernst & Young.

    While TNW Wireless (formerly known as RuralCom Corp) is external and independent to this CCAA Process, both Bell Mobility Inc (“Bell”) and Telus Corporation (“Telus”) cited the unrelated process in partial defense of their decision not to enter into the mandated wireless national roaming agreements, which wireless operation was to be part of a plan of reorganization of 8640025 Canada Inc. Last month the cellular mobile licensed spectrum transfer to TNW Wireless was approved by Innovation, Science and Economic Development Canada (ISED) and the company is currently awaiting a decision from the Canadian Radio-television and Telecommunications Commission (CRTC) regarding relief it seeks against Bell and Telus to provide TNW Wireless with mandated wireless roaming agreements as well a decision related to the use of its iPCS  communications technology. The CRTC Part 1 Application is based on Bell and Telus’ refusal to date to provide TNW Wireless with roaming agreements as mandated by CRTC Decision 2015-177.

    “We are very pleased with this amicable out-of-court settlement with Bond Capital, which helps to support our position with respect to ownership of certain telecom assets in the CCAA process and removes any challenge to our intellectual property. The agreement allows us to move forward undistracted with the development of our business and the various transactions that have already been announced,” stated Benoit Laliberté, President of Investel Capital Corp Canada and CEO of UnitedCorp.

    About Investel Capital Corporation (Canada)

    Investel Capital Corporation is an investment fund specializing in the acquisition of telecommunications companies and development of new technologies. It focuses on investing in the development of new technologies with its own R&D resource group and currently has a portfolio of patents filed worldwide.

    About TNW Wireless Inc.

    TNW Wireless is a licensed wireless operator for wholesale and retail services in Canada and is a wholly-owned subsidiary of Investel Capital Corporation Canada. The company currently holds 25MHz bandwidth tier-2 850 MHz licences and is a registered wireless carrier. It provides global communication services to the Northwest region of Canada as well as global communication services through its proprietary iPCS Smartphone-over-IP technology.

    About iPCS

    iPCS is an international patent-pending IP-only mobile technology licensed by Investel Capital Corporation to TNW Wireless and is one of the cornerstones for a new mobile telecommunications paradigm.  Fueled only by data while providing full featured voice and messaging services, it is fully cloud-based with a thin client interface which provides enhanced security and advanced mobile features.

    iPCS is a login-based vs IMSI-based technology for access to mobile services, meaning phones can have multiple users and profiles – and users can access their iPCS profile from any iPCS-enabled phone. Data usage is tied to the active iPCS user profile and not to the device or SIM card, and there is a seamless handover to/from Wi-Fi and 3G/4G/LTE for voice calls.

    When connecting to any Wi-Fi in any location, the unique iPCS Wi-Node function automatically deregisters and detaches a subscriber’s device from any Visited Public Mobile Network (VPMN) roaming partner and then backhauls all GSM-based services to TNW’s Home Public Mobile Network (HPMN) cloud spectrum and core network. The deregistration process means that subscribers are never roaming while on Wi-Fi as no third party licensed spectrum is used and only TNW’s licensed spectrums are used remotely on TNW’s HPMN while users are on Wi-Fi anywhere in the world– this has the added advantage of increasing the battery life on many phones since cell radios are automatically deactivated and therefore will not consume additional radio power.

    About United American Corp

    Established in 1992, United American Corp is a Florida-based development and management company focusing on telecommunications and information technologies. The company currently holds the rights to manage a portfolio of patents and proprietary technology in telecommunications, social media and Blockchain technology, and owns and operates the BlockchainDomes which are designed to provide heat for agricultural operations using computer equipment in naturally cooled data centers where efficiency and low-cost operations are a priority.

    This news release contains forward-looking statements that are subject to various risks and uncertainties. The Company’s actual results could differ materially from those anticipated in such forward-looking statements as a result of numerous factors that may be beyond the Company’s control. Forward-looking statements are based on the expectations and opinions of the Company’s management on the date the statements are made, and the Company assumes no obligation to update forward-looking statements should circumstances in management’s expectations or opinions change.
     
    Source:

    Investel Capital Corp
    Teliphone Corp
    TNW Networks Corp

    Contact:
    Investor Relations
    investorrelations@investel.com

  • RENSSELAER, N.Y., Jan. 17, 2019 (GLOBE NEWSWIRE) -- Taconic Biosciences, a global leader in providing genetically engineered rodent model solutions, announces the completion of a recent mission to the International Space Station. 

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