Michael “Shane” Milledge is taking over as CEO of Wichita’s Wescon Plastics, succeeding Bill Todd, who held the job for 22 years, and overseeing an aggressive expansion of the company’s operations.
Milledge said Monday that there is “a 90 percent chance” that the company will expand its plant at 2810 S. West St. by 20,000 to 30,000 square feet, with $7 million to $8 million in capital expenses. If the expansion proceeds, he expects to add 40 to 50 workers over five years for the new operations.
Wescon Plastics makes custom injection-molded plastic parts for the battery and heavy-duty truck industries. It currently has about 120 employees.
The push is coming from company owner, London-based Nova Capital Management, which bought Wescon Plastics in 2012, Milledge said. The firm owns 29 businesses, primarily in Western Europe and North America.
There’s a small possibility that another Nova Capital acquisition would change expansion plans in Wichita, he said.
“Otherwise, we’ll break ground this summer,” he said. “We’ll know in two to three months.”
Milledge is coming to Wescon from the Newell Rubbermaid plant in Winfield, where he served in several management positions. Before that he was chief operating officer at Wescon. His background is in plastics manufacturing engineering.
“We’re confident that Wescon Plastics will continue to prosper under the guidance of Shane,” Jan Kreminski of Nova Capital Management said in a statement. “In addition, we’re looking forward to continued acceleration and augmentation of this company, whether it be through expansion and organic growth or inorganically through acquisitions that make sense and align with Wescon’s objectives.”