In a move that signifies positive growth alongside dynamic, forward-thinking vision, Compax announced the acquisition of Legacy Manufacturing Solutions adding depth to the company’s overseas manufacturing operations and expertise in Asian supply chain management.“We’re excited to be acquiring a company that brings to the table an experienced team working in Asian supply chain management along with a modern, proven system for communicating and conducting business across language and cultural barriers,” said Elliot Anderson, Compax President. “The joining together of these two companies will result in greater efficiency across the board as we draw from the unique strengths of both businesses. The goal is for Compax to continue meeting the needs of a changing global marketplace. This is a winning proposition for all — our employees, our customers and our suppliers.”
With the acquisition of Legacy comes the addition of their staff to the Compax team. Rather than adding overlapping positions, these personnel will fill key staffing roles that round out the skills and expertise Compax can now offer. By joining resources, Compax will provide enhanced management overseas leading to optimized sourcing, shipping, and quality.
A key component of the acquisition is a communications system and workflow portal that will more tightly synchronize U.S. operations with Asian manufacturing logistics. The result will be even better quality control, greater efficiency, and increased timeliness. “The system was designed to help mitigate and filter the ‘noise’ that too often accompanies business in today’s tech-based world. The streamlined communication provides direct accountability for every person on the team,” states Anderson. “Ultimately, this system is about positive change. With greater efficiencies and options we can price more competitively and provide even more options, which is great news for customers and suppliers.”
Chris Olsen, former President of Legacy will now serve Compax as Vice President of Global Supply Chain lending his expertise in the field of global sourcing and communications systems. “Chris’s background brings a unique skill set to the company. Beginning with his years at Boeing, then continuing as Director of Global Product Development of Orbit Irrigation and finally at Legacy, his experience has culminated here positioning him as the ideal fit to lead our supply chain operations,” says Anderson.
In keeping with Compax’s reputation as an innovative and design-savvy manufacturer, it’s Asia headquarters will move from Shanghai to Qingdao. In 2010, this up-and-coming city was named by CNN as one of “China’s 5 best new cities for business.” The new location places Compax in the epicenter of a university atmosphere where young talent and fresh ideas take center stage.
With 14 years in the business, Compax has built their company on more than just packages. A passion for custom manufacturing coupled with worldwide industry connections will continue to catapult Compax into the future. As Compax seeks out new opportunities for growth and differentiation in the marketplace, the goal is to provide better, varied options for their business partners – leading to greater success for all.