Riverside Company acquires Xcentric Mold & Engineering, LLC

The Riverside Company has invested in Xcentric Mold & Engineering of Clinton Township, Michigan. Xcentric provides technology-enabled, quick-turn injection molding, rapid prototyping, and CNC machining services for clients across numerous industries including medical devices, aerospace, automotive, consumer products, and electronics.

Xcentric has earned a stellar reputation for its proprietary software, systems and processes, which allow it to manufacture both the mold tooling and injection molded parts much more rapidly and cost effectively than traditional injection molders in the U.S. or Asia. Xcentric can produce and deliver complicated part orders in as little as 15 days.

The company handles orders as low as 50 parts and as high has 100,000 parts, all with the same level of high quality and fast turnaround times via its high-tech Michigan manufacturing facility.

Xcentric has many paths to grow its large base of repeat customers due its unique capabilities to handle complex part orders and technology automation. The company is in the process of doubling its production capacity with the build-out of a second sophisticated factory in Michigan that will be completed this year.

Jones Day advised The Riverside Company in its acquisition and related financing of Xcentric Mold & Engineering, LLC with a team led by Joseph Hatina.

Involved fees earner: Joseph Hatina – Jones Day;

Law Firms: Jones Day;

Clients: Riverside Company;


Author: Ambrogio Visconti