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, and renamed Nexen Group, Inc. in June 1999.

The headquarters for this business is in Vadnais Heights, Minn., near the Twin Cities metropolitan area of Minneapolis-St. Paul.

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