St. Louis Manufacturing Innovator Forecasts Growth in 2013
Roeslein & Associates Reports Strong Demand; Contrary to Sluggish GDP Report
Innovative Methods Will Be Showcased November 15
ST. LOUIS, Oct. 31, 2012 /PRNewswire/ -- Roeslein & Associates Inc., which designs, manufactures, and ships components for complete specialized industrial facilities to customers in more than 40 countries, is forecasting 30 percent growth next year even as U.S. industrial production lags.
Increased demand for Roeslein's innovative manufacturing methods will keep the company's engineering, fabrication, and construction groups operating at capacity through 2013 and into 2014. Strong demand from customers in the container manufacturing, oil and gas, refinery, and energy market sectors is driving the high growth rate.
Employment at Roeslein and its subsidiaries increased 10 percent in 2012 thanks to new positions in engineering and fabrication.
Roeslein's performance is in stark contrast to the 2012 third quarter GDP report in which the Bureau of Economic Analysis reported a decline in business investment dragged down the nation's economic growth rate.
"Our customers in several key industries are actually investing in their own businesses. The Roeslein method shows how our country's industrial sector can deliver high customer value and economic vitality," said Roeslein founder and CEO Rudi Roeslein.
Roeslein will hold an open house for invited guests to showcase the newly expanded Integrated Manufacturing Technologies, LLC (IMT) plant and to demonstrate the company's unique approach to manufacturing November 15 from 11:00 a.m. to 4:00 p.m. The company's innovative steel fabrication, pipe fabrication, completed process modules and completed container manufacturing systems will be on display at the IMT facility in Red Bud, Illinois.
"We have the science, engineering, manufacturing, and modularization to help many American industries prosper while putting thousands of people back to work," Roeslein said.
About Roeslein & Associates, Inc. – Engineers, manufacturers and constructors of unitized, modular, specialized plant facilities offering complete concept-to-completion project solutions. Roeslein's global headquarters is in St. Louis, MO with locations in Denver, CO and Birmingham, UK. The company operates manufacturing facilities in Red Bud, IL and in Shanghai, China. More information is at www.Roeslein.com .
SOURCE Roeslein & Associates Inc.