Hudson Technologies has amended its secured revolving credit facility with PNC Bank, National Association to increase the maximum loan amount available under the facility to $40 million from $27 million.
Kevin J. Zugibe, chairman and chief executive officer of Hudson Technologies commented, “We are pleased with the enhanced financial flexibility that the increased borrowing availability under the facility provides Hudson as we continue to pursue our growth objectives, and we appreciate PNC's ongoing support.”
Hudson Technologies, Inc. is a leading provider of innovative solutions to recurring problems within the refrigeration industry.