Description Nexen Group, Inc., formerly known as Horton Industrial Products, is a leading manufacturer of industrial clutches and brakes, tension control and motion control products.

History A privately held company, Nexen traces its origins to 1902 when a firm called Horton was founded. In 1951, Hugh Schilling, Sr. and three investors purchased the company. Over the years, the company evolved into two distinct product lines - industrial products (including motion control and web control systems) and diesel vehicle components. In January 1999, Horton split into two separate companies. Hugh (Hutch) K. Schilling, Jr., who was president of Horton Inc., acquired the industrial products business. The headquarters for this business moved to Vadnais Heights near the Twin Cities metropolitan area of Minneapolis-St. Paul, Minn. And was renamed Nexen Group in June 1999.

Name Change Horton Industrial Products changed its name to Nexen Group, Inc. to reflect its dedication to its markets. Nexen is a coined name - a derivative of the Latin word Nexus meaning connection. The Nexen products are an integral connected part of industrial motion control and web control. The name change illustrates the company's renewed focus on growth while continuing to be a consistent force in the industry.

Products/Services The Nexen Group is a leading manufacturer of brakes, clutches, torque limiters, overload protection devices and control systems for a variety of industrial applications in the packaging, machine tool, material handling, automotive and textile industries. The Air Champ line of clutches and brakes is the industry standard for rotary motion control and power transmission. The company's extensive distribution network serves markets throughout the world with a product line of more than 2,500 components and systems for stop-start, disconnect and overload protection. Nexen also offers systems for guiding and tension control of roll material moving through a web production machine. The company recently introduced Eclipse, a new line of products for the rapidly growing motion control industry.