Plex Posts Record 2014

TROY — The Troy manufacturing management software developer Plex Tuesday announced record results for 2014.

During 2014, Plex officials said the company assed the 400-customer milestone, as well as having its software managing the production of 1,300 manufacturing plants around the world.

Plex said its new customers span both process and discrete manufacturing, and include both mid-sized organizations and multinational enterprises.

New customers included:
* Country Maid Inc., an employee-owned company in West Bend, Iowa that manufactures the Butter Braid brand pastry available only through fundraisers for the purpose of helping non-profit groups raise funds for various causes.
* The Champion Cos. of Springfield, Ohio, which includes Stronghold shipping and storage container manufacturer Champion GSE, embalming fluid pioneer The Champion Co., and Kreider Corp., which specializes in the assembly, metal stamping, welding, and product and tool design for the manufacturing industry.
* Wanco Inc. of Arvada, Colo.,  established in 1984 and a manufacturer of highway safety and traffic control products, portable security and portable lighting.

New Customer go-lives in 2014 included:
* The Evansville, Ind.-based auto supplier Accuride Corp. (NYSE: ACW) continued to expand its Plex deployment, adding three new manufacturing facilities and selecting Plex Enterprise Edition to provide organization-wide visibility and control for their business.
* Dominion Liquid Technologies of Cincinnati, Ohio specializes in the production of liquid food and beverage products including syrups, cocktail mixers, sauces and isotonics. Dominion deployed Plex to support process manufacturing operations, enabling better inventory and quality management, as well as paperless administration across their operations.
* Stant, a Connersville, Ind.-based provider of vapor management, fuel delivery and thermal management systems, as well as engineering services, deployed Plex, enabling streamlined production processes and comprehensive shop floor visibility, achieving cost reduction while supporting better and faster business decisions.

Additionally, more than 100 organizations expanded their use of Plex or brought new plants online in 2014.

Also, during the year, Plex delivered Plex Enterprise Edition to help large manufacturers centralize purchasing, cash management, invoicing and reporting across multiple locations and lines of business. Also, Plex delivered Finite Scheduling, helping organizations plan and manage the availability and utilization of employees, tools, fixtures, work-center space and other manufacturing resources, maximizing shop-floor efficiency while ensuring on-time delivery of products to customers.

Plex also introduced a new user experience designed to provide a seamless simple experience for users on the shop floor, in the office or via machines and mobile devices.

Plex also won several corporate honors and accolades, including the JMP Securities “Hot 100” list of the Best Privately Held Software Companies; Detroit Free Press’ Top Workplaces; Metropolitan Detroit’s 101 Best and Brightest 2014; Wealthfront’s list of 100 Career Launching Technology Companies; and Forbes’ list of The Best Cloud-Based Enterprise Software Startups To Work For.

Said Plex CEO Jason Blessing: “We brought more than 100 new facilities live on the manufacturing cloud this year, exceeded our financial targets, and achieved renewal rates well beyond industry benchmarks. As we enter 2015, Plex continues to be perfectly positioned to drive the manufacturing industry transition to the cloud.”

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