Huntington Business Credit closed $21,000,000 in new credit facilities with JG Kern Enterprises on November 27, 2024. Proceeds of the facility were used to refinance existing debt and provide ongoing working capital financing.JG Kern Enterprises, Inc...
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December 30, 2024, 08:15 AM
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Cadre Holdings, a global leader in the manufacturing and distribution of safety equipment and other related products for the law enforcement, first responder, military and nuclear markets, closed a new credit agreement that provides senior secured...
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December 24, 2024, 07:48 AM
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Amerisource Business Capital successfully closed and funded a $13,000,000 senior credit facility for a specialty manufacturer of plugs and tapes based in Wisconsin. The loan proceeds were used for working capital and to refinance equipment and...
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December 12, 2024, 08:03 AM
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Fueled by a demand for its innovative automated handling solutions, a national manufacturer has partnered with Republic Business Credit to secure a $4,000,000 recourse factoring facility. Republic partnered with an independent private equity sponsor...
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December 03, 2024, 07:42 AM
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Lighthouse Financial completed a $4,000,000 revolving line of credit to a South Carolina-based manufacturer and distributor of lighting fixtures. The company sells a wide range of interior and exterior lighting products, including pole and wall...
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November 15, 2024, 07:55 AM
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Mountain Ridge Capital ("MRC") closed a $25 million senior secured credit facility to a U.S.-based contract manufacturer of industrial parts and tools designed to serve the aerospace and defense and industrial sectors. The MRC facility refinanced...
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October 22, 2024, 08:10 AM
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MidCap Business Credit closed on a $5,000,000 asset-based credit facility for Premier Engineered Products, a portfolio company of Colfax Creek. Through its operating subsidiary, Appalachian Cast Products, the company produces superior die cast parts...
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August 12, 2024, 05:24 PM
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Eclipse Business Capital provided an $80 million ABL credit facility to a consumer products manufacturer. The credit facility is secured by accounts receivable and inventory. The transaction will refinance the Company’s existing credit facilities...
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August 05, 2024, 07:50 AM
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Great Rock Capital provided $75 million in total capital to three NWI affiliates. The NWI companies deliver high precision complex machined components, sub-assemblies, and complete major assemblies of aviation components, along with components for...
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July 30, 2024, 07:50 AM
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ATC Managers closed a $54,750,000 fixed-rate business acquisition and term loan. This deal facilitates the purchase of a division from a manufacturing company located 37 miles north of Downtown Cleveland, Ohio, while also refinancing a portion of...
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July 25, 2024, 07:04 AM
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TAB Bank provided a new asset-based lending (ABL) facility to a premier international contract manufacturer based in Michigan. TAB’s flexible financial solutions will significantly accelerate the company’s growth and success.This ABL facility...
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July 11, 2024, 07:55 AM
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Eclipse Business Capital provided a $101.2 million senior secured credit facility, consisting of an ABL revolving line of credit and term loan to an automotive parts manufacturer. The credit facility is secured by accounts receivable, inventory, and...
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July 09, 2024, 07:42 AM
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UMB Capital Finance closed a $33,000,000 senior credit facility for a Colorado-based metal manufacturing business. This credit facility enabled the company to refinance its existing debt and to position itself for a major capital equipment project....
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July 01, 2024, 08:00 AM
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About the Company: For 22 years Flatbay's client, IBC Advanced Alloys, has manufactured beryllium and copper alloys to a variety of industries, becoming a leading expert in their field. The company’s mission is to produce the highest quality products...
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June 28, 2024, 07:50 AM
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Culain Capital Funding provided a $5 million accounts receivable financing facility for a leading plastic injection molding service company. This strategic financial solution aims to support the company’s ongoing growth and future expansion plans.The...
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June 25, 2024, 07:30 AM
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eCapital funded a $5 million asset-based lending facility for a leading fiberglass media company. This transaction exemplifies eCapital’s proficiency in supporting companies through ownership transitions, further solidifying its dedication to...
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June 03, 2024, 07:55 AM
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Aequum Capital funded $9,100,000 in credit facilities to a leading regional provider of metal stamping and fabrication solutions. The credit facilities support the company's ongoing working capital and future growth needs with a revolving line of...
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April 17, 2024, 07:51 AM
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Celtic Capital Corporation announced its most recent new client relationship – a job shop manufacturer of large, high-quality metal gears used in various industries such as automotive and aerospace. This Company, in business since 1981, has suffered...
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April 17, 2024, 07:14 AM
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Aequum Capital led a $45,000,000 revolving credit facility for a Midwest-based manufacturing and distribution company. The Facility will provide increased liquidity to the Company as it continues to execute its acquisition strategy. Helios Strategic...
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April 05, 2024, 07:46 AM
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Celtic Capital announced its most recent new client relationship – a privately- owned manufacturer of precision manufactured components and assemblies in the Eastern Midwest. The Company, in business since 1957, approached Celtic Capital to provide...
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March 20, 2024, 07:00 AM
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Mountain Ridge Capital (MRC) closed a $29 million senior secured credit facility for a category-leading designer and manufacturer of plastic injection products. MRC’s facility was used to refinance the debt of a regional commercial bank, fund an...
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February 19, 2024, 08:00 AM
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Trinity Capital announced the commitment of $20 million in equipment financing to Formlogic, a provider of autonomous precision manufacturing services intended for space companies.Formlogic is changing how precision parts are sourced and manufactured...
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February 09, 2024, 05:00 AM
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eCapital funded a $12 million asset-based lending facility tailored to support a US-based manufacturing company experiencing financial stress.The manufacturing company faced difficulties in meeting the covenants of their existing bank loan, which...
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January 17, 2024, 07:55 AM
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MidCap Business Credit completed a $23,700,000 million asset based credit facility to a manufacturing company in Cleveland, Ohio. The facility was comprised of an $18 million revolving line of credit and a $5.7 million real estate term loan. The...
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November 14, 2023, 07:53 AM
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Briar Capital Real Estate Fund closed a new $3.8MM+ commercial real estate loan in Georgia to a manufacturer of wood products for the arts and craft industry. The initial transaction was an owner buyout of a family member with a simultaneous new...
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August 24, 2023, 07:27 AM
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Trinity Capital announced the commitment of $20 million in growth capital to MacroFab, the comprehensive manufacturing platform for building electronics from prototype to high-scale production.MacroFab oversees an impressive network of more than 100...
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August 16, 2023, 07:39 AM
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Mike Colloton, Vice President II – Asset-Based Lending at First Business Specialty Finance, a subsidiary of First Business Bank, announced a recently closed and funded $18 million revolving line of credit and equipment term loan for a plastic...
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February 23, 2023, 07:35 AM
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The Credit Managers’ Index from the National Association of Credit Management combined score remained unchanged at 55.0 in August, but reveals economic stress in the manufacturing sector.
NACM's Credit Managers' Index (CMI) remained at a combined...
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September 02, 2022, 06:00 AM
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Revelation Machinery, the fastest-growing equipment dealer in the nation, announced the addition of Marc Swirsky to the team to continue the growth and provide additional services to their customers. With over 30 years of executive-level experience...
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June 15, 2022, 07:50 AM
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Big Shoulders Capital announced an enhanced focus on equity investments in distressed manufacturing businesses, with the hiring of Brian Schroeder as Vice President of Equity Investments. Schroeder brings financial and operational expertise in...
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February 07, 2022, 07:33 AM
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Siena Lending Group LLC Announced the Closing of a $20.0 Million Revolving Credit and Term Loan Facility for Deleet Merchandising Corporation. The facility was used to refinance the company's existing senior debt and support their working capital...
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March 12, 2019, 08:09 AM
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Veritas Financial Partners (Veritas), a specialty finance company, recently announced the closing of a $9 million credit facility for Integrated Equipment, Inc. (Integrated). Integrated designs, manufactures, distributes and services equipment for...
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February 21, 2019, 07:11 AM
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MidCap Business Credit announced they have closed on a $14,000,000 Asset Based Credit Facility for EMD Acquisition, LLC. D/B/A Borman Specialty Materials, a portfolio company of Polymathes Capital in New Jersey.
Borman is a producer of specialty...
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January 30, 2019, 08:21 AM
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Citizens Commercial Banking is leading a $60 million senior secured credit facility for API Heat Transfer Company, which through its operating subsidiaries, designs and manufactures a wide range of specialty heat exchangers and heat transfer...
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January 25, 2019, 07:10 AM
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The outlook for global growth has been dented by a series of recent weak data releases, but not dismantled, said Fitch Ratings in new report. The broad contours of the agency's December 2018 Global Economic Outlook (GEO) forecasts for 2019 - with...
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January 18, 2019, 07:24 AM
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Encina Business Credit, LLC (EBC) announced that it has provided a $17 million senior secured credit facility to a manufacturer of heavy-duty chassis for specialized vehicles. The financing, which is comprised of a revolving line of credit and two...
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January 10, 2019, 07:06 AM
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Wabash National Corporation entered into a Second Amended and Restated Credit Agreement, among the Company, certain of its subsidiaries as borrowers, the lenders from time to time party thereto, Wells Fargo Capital Finance, LLC, as the administrative...
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December 28, 2018, 08:07 AM
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Economic activity in the manufacturing sector expanded in November, and the overall economy grew for the 115th consecutive month, according to the nation's supply executives in the latest Manufacturing ISM Report On Business.
The report was issued...
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December 07, 2018, 07:14 AM
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The appetite for dealmaking among global advanced manufacturing executives is strong, with half (50%) of respondents to the latest EY Advanced Manufacturing Global Capital Confidence Barometer (CCB) planning to actively pursue mergers and...
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November 26, 2018, 07:14 AM
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A study from Chubb and The National Center for the Middle Market (NCMM) finds that although manufacturing is experiencing growth, there are many interconnected challenges leading to new risks. The research also suggests that manufacturers may not be...
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November 15, 2018, 07:16 AM
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Abacus Finance Group, LLC (Abacus), a New York-based direct lending company that provides cash-flow senior financing for private equity-sponsored, lower-middle market companies, announced that it served as Administrative Agent and Lead Arranger for...
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November 07, 2018, 08:00 AM
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AMETEK, Inc. announced that it has completed an amended and restated Revolving Credit Facility increasing the size from $850 million to $1.5 billion. The facility, previously due to expire in March 2021, now has a maturity date of October...
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November 02, 2018, 07:12 AM
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Chicago-based lender, Loeb Term Solutions announced the graduation of a Midwest Gear Manufacturer after having provided an equipment term loan back in early 2017 to help with the acquisition of the company. The company, a manufacturer of gears used...
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October 12, 2018, 07:12 AM
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Super G provided a $2 million junior participation term loan to a producer of machined and fabricated components and parts for original equipment manufacturers in the agriculture, construction, mining, and oil & gas industries.The company was seeking...
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October 11, 2018, 07:02 AM
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ORIX Mezzanine & Private Equity, a business unit of ORIX Corporation USA, announced that it has made an equity investment in partnership with Chicago-based private equity investor Onward Capital to facilitate the acquisition of FSC Lighting (FSC)....
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October 05, 2018, 07:06 AM
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Tenneco Inc., one of the world’s leading designers, manufacturers and marketers of Ride Performance and Clean Air products and technology solutions for automotive and commercial vehicle original equipment markets and the aftermarket, announced that...
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October 03, 2018, 08:00 AM
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Sallyport Commercial Finance arranged a $3,250,000 combined credit facility offering an Accounts Receivable line, Purchase Order facility and Inventory facility to help an apparel company refinance their existing senior credit facility and provide...
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September 19, 2018, 07:35 AM
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AloStar Capital Finance successfully agented and closed a $20 million committed credit facility to facilitate the recent acquisition of Fenix Parts, Inc. (Fenix Parts), a leading recycler and reseller of original equipment manufacturer automotive...
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September 18, 2018, 07:10 AM
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Rise Line Business Credit, LLC announced the closing of a $7.85 million asset based revolving credit facility to Great Western Co., LLC to refinance existing indebtedness and provide growth capital.
Great Western Products, established in 1962, is a...
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September 14, 2018, 07:07 AM
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Churchill Asset Management (Churchill) announced that it served as Lead Arranger and Sole Bookrunner for a $67 million first lien credit facility to support the recapitalization of Midwest Can Company & Container Specialties Inc. (Midwest Can) by...
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August 02, 2018, 07:04 AM
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Economic activity in the manufacturing sector expanded in June, and the overall economy grew for the 110th consecutive month, according to the nation’s supply executives in the latest Manufacturing ISM Report on Business.The report was issued by...
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July 03, 2018, 07:00 AM
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Celestica Inc., a provider of design, manufacturing and supply chain solutions, announced that it has entered into a new $800 million credit facility established pursuant to a credit agreement with a syndicate of lenders and Bank of America, N.A. as...
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June 28, 2018, 07:13 AM
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The business climate for manufacturing in the U.S. has markedly improved over the past few years, driving both revenue and employment growth for middle market manufacturers. But the industry is also experiencing a period of transformation that is...
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June 19, 2018, 08:01 AM
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Sterling National Bank provided senior secured credit facilities totaling $6,288,000 to Astro-Tek Industries LLC.
Established in 2006, Astro-Tek is a distinct precision tooling manufacturing company that primarily manufactures parts and equipment...
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June 19, 2018, 07:09 AM
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LBC Credit Partners, a provider of financing solutions to middle market companies, provided $41.0 million in senior secured credit facilities to support the acquisition of the aftermarket division of Cloyes Gear & Products, Inc. (Cloyes) by Hidden...
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May 31, 2018, 08:00 AM
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Abacus Finance Group, LLC (Abacus), a New York-based direct lending company that provides cash-flow senior financing for private equity-sponsored, lower-middle market companies, announced that it served as Administrative Agent and Lead Arranger for...
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May 24, 2018, 07:00 AM
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Webster Business Credit recently provided a $10,000,000 Senior Secured Credit Facility to Tecogen, Inc. for future working capital and to refinance an existing debt.Tecogen designs, manufactures, markets and maintains highly efficient and ultra clean...
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May 10, 2018, 07:16 AM
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Gibraltar Business Capital recently closed three asset-based loans for a variety of organizations to meet their unique business needs.
In just 32 days, Gibraltar closed an $8 million credit facility with a $15 million accordion for a sponsor-owned...
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May 09, 2018, 07:00 AM
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Amerisource Business Capital announced the closing and funding of a $2,000,000 debtor-in-possession senior revolving credit facility for a paperboard manufacturing company in New York. The proceeds of the facility are being used for working capital...
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April 30, 2018, 07:00 AM
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TPI Composites, Inc., the only independent manufacturer of composite wind blades with a global footprint, announced that it has refinanced its existing $100 million senior, secured credit facility with a new $150,000,000 senior secured revolving...
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April 09, 2018, 08:00 AM
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Virco Mfg. Corporation and Virco Inc., a wholly owned subsidiary, entered into a seventeenth amendment to the Revolving Credit and Security Agreement, dated as of December 22, 2011, between the Borrowers and PNC Bank, National Association, as lender...
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March 23, 2018, 07:00 AM
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MB Business Capital, a division of MB Financial Bank, N.A., announced it recently provided a new $25,000,000 senior credit facility to Dallas Texas-based LDC Stone, Inc. LDC is a leading manufacturer and supplier of kitchen and bath stone and cabinet...
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March 21, 2018, 07:09 AM
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Sterling National Bank provided senior secured credit facilities totaling $10,600,000 to Donsco, Inc.
Founded in 1906, Donsco manufactures and sells machined iron castings out of two foundries. Located in Wrightsville, PA, Donsco makes manifolds...
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March 14, 2018, 07:15 AM
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Siena Lending Group LLC announced the completion of a three-year asset based revolving and term loan credit facility for Iceberg Enterprises LLC (Iceberg) to refinance their existing credit facility and to provide additional working capital for the...
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March 13, 2018, 07:15 AM
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MB Business Capital, a division of MB Financial Bank, N.A., announced it recently provided a new senior credit facility to Las Vegas, Nevada-based Cole Kepro International, LLC (“CKI” or the “Company”). CKI is a designer, developer and manufacturer...
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March 08, 2018, 07:00 AM
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MB Business Capital, a division of MB Financial Bank, N.A., announced it recently provided a new $23,000,000 senior credit facility to La Porte, Indiana-based NRP Jones, LLC. NRP, founded in 1945, is a manufacturer of hydraulic, industrial, and...
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February 09, 2018, 07:18 AM
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Bibby Financial Services (BFS) announced a new funding relationship with the U.S.-based subsidiary of an international company headquartered in Australia. The client, a manufacturer of large steel products used by the construction, mining and oil &...
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January 17, 2018, 07:05 AM
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Crane Co., a diversified manufacturer of engineered industrial products, entered into a $550 million 5-Year Revolving Credit Agreement, by and among the Company and certain of its subsidiaries, the banks party thereto as lenders, JPMorgan Chase Bank...
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December 22, 2017, 07:57 AM
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LBC Credit Partners, a provider of financing solutions to middle market companies, provided senior secured credit facilities to support the acquisition of 4ONE LLC by United States Seating Company (USSC). USSC is managed by Dubin Clark & Company...
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December 13, 2017, 07:00 AM
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The Woodbridge Group of Companies, LLC and certain of its affiliates and subsidiaries announced that it has commenced a process to implement a debt recapitalization intended to restructure its approximately $750 million in debt. To facilitate this...
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December 04, 2017, 07:43 AM
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Sterling National Bank provided senior secured credit facilities totaling $17,000,000 to Cellucap Manufacturing Co. Established in 1954, and headquartered in Philadelphia, Cellucap manufactures a full range of disposable protective headwear and...
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November 14, 2017, 07:16 AM
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White Oak Commercial Finance, LLC (WOCF) announced that it has provided a $15 million factoring facility to Mias Fashion, an innovative leader in the full package apparel manufacturing and global sourcing. Since 1999, Mias Fashion has efficiently...
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November 02, 2017, 07:40 AM
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MB Business Capital, a division of MB Financial Bank, N.A., announced it recently provided a new $9.000,000 senior credit facility to Metpar Corporation (Metpar). Metpar is a manufacturer and worldwide distributor of commercial bathroom partitions...
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October 25, 2017, 07:11 AM
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Antares Capital announced it is serving as administrative agent and lead left arranger on a senior secured credit facility to support the recapitalization of Bettcher Industries, Inc. (Bettcher) by Morgenthaler Private Equity.Headquartered in...
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October 13, 2017, 07:18 AM
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MB Business Capital, a division of MB Financial Bank, N.A., announced it recently provided a new $9,000,000 senior credit facility to Morganton, North Carolina-based E.J. Victor, Inc. E.J. Victor is a manufacturer and importer of high quality hand...
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October 11, 2017, 07:06 AM
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Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a $26.3 million senior credit facility to refinance the existing debt facility and to finance an add-on acquisition for American Optics, an...
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September 19, 2017, 07:19 AM
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Encina Business Credit, LLC (EBC) announced that it has provided a $23 million senior secured credit facility to Tejas Tubular Products, Inc. and certain of its affiliates (Tejas).
The financing, which is comprised of a revolving line of credit and...
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September 14, 2017, 07:16 AM
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NeoPhotonics Corporation entered into a Credit Agreement with Wells Fargo Bank as administrative agent and the lenders party thereto.The Credit Agreement provides for a $50 million revolving credit facility, $30 million of which was drawn at closing....
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September 12, 2017, 07:15 AM
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Ironclad Performance Wear Corporation, a provider of high-performance task-specific work gloves, announced that the company and its subsidiary filed voluntary petitions under Chapter 11 of the U. S. Bankruptcy Code in the U. S. Bankruptcy Court...
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September 11, 2017, 07:17 AM
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MB Business Capital, a division of MB Financial Bank, N.A., announced it recently provided a new $9,000,000 senior credit facility to Eden Prairie, Minnesota-based Logic PD, Inc. Logic PD is an Electronics Manufacturing Services (EMS) and Product...
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September 06, 2017, 07:00 AM
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MB Business Capital, a division of MB Financial Bank, N.A., announced it recently provided a new $9,000,000 senior credit facility to Eden Prairie, Minnesota-based Logic PD, Inc. Logic PD is an Electronics Manufacturing Services (EMS) and Product...
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August 30, 2017, 07:00 AM
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Middle market firms are outpacing their smaller and larger counterparts when it comes to growth in number of firms, employment, and revenue, according to the Middle Market Power Index from American Express and Dun & Bradstreet. The seventh report in...
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August 16, 2017, 08:00 AM
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MB Business Capital, a division of MB Financial Bank, N.A., announced it recently provided a new $8,000,000 senior credit facility to Hardinsburg, Kentucky-based Whitworth Tool, Inc..
Whitworth is a full service precision machine shop that...
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July 21, 2017, 07:00 AM
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International buyers stepping up their competition against U.S. companies for M&A deals in the U.S. manufacturing sector, according to a recent report from Generational Equity. The report, "Manufacturing in Motion,” found that the North American...
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July 19, 2017, 08:00 AM
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MB Business Capital announced it recently provided a new $8,000,000 senior credit facility to Winfield, Kansas-based Western Industries Plastic Products, LLC (WIPP). WIPP is a plastic blow molding manufacturer serving the furniture, outdoor living...
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June 28, 2017, 07:13 AM
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Nortech Systems Incorporated, a provider of full-service electronics manufacturing services (EMS), announced it has closed a new credit facility of up to $21 million with Bank of America Merrill Lynch with an additional $20 million accordion feature....
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June 16, 2017, 07:18 AM
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MB Business Capital, a division of MB Financial Bank, N.A., announced it recently provided a new $23,700,000 senior credit facility to Shawnee, Oklahoma based Shawnee Tubing Solutions, LLC. The transaction was part of an acquisition of select assets...
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June 15, 2017, 07:06 AM
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Marquette Business Credit recently funded three new clients with new commitments totaling more than $31 million. These new clients include Artcobell Corp., a designer and manufacturer of K–12 educational classroom furniture; Castwell Products LLC, a...
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May 31, 2017, 07:17 AM
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Stonegate Capital has closed on a $6.5 million loan for Orchid Monroe, a manufacturer of electric motor, generator and power transformer components and assemblies.
Based in Monroe WI, the Company performs all processes in-house including steel...
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May 04, 2017, 07:04 AM
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Great Rock Capital, an asset-focused commercial finance company specializing in middle market lending, announced the close of a $9 million senior secured loan with Wood-Mode, a manufacturer of high-end custom-crafted cabinetry."Wood-Mode quality is...
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April 27, 2017, 07:10 AM
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MB Business Capital, a division of MB Financial Bank, N.A., announced it recently provided a new $13 million senior credit facility to Delaware, Ohio-based Oberfields, LLC as part of an acquisition of the company by Graycliff Partners and...
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April 26, 2017, 07:17 AM
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Gibraltar Business Capital closed a new $8.8 million asset-based line of credit for Greensboro, N.C.-based Elastic Fabrics of America, a manufacturer of warp-knitted and circular-elastomeric fabrics that are used to make lingerie, athletic apparel...
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April 03, 2017, 07:17 AM
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CIT, a provider of commercial lending and leasing services, announced that CIT Commercial Services was selected as the sole provider of factoring services to AG Adriano Goldschmied and its affiliate, Big Star. Both firms are either owned by or...
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February 07, 2017, 08:00 AM
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TCF Capital Funding, a division of TCF National Bank which is a subsidiary of TCF Financial Corporation (TCF), announced that it provided $15 million in secured financing to support Kinderhook Industries, LLC in their recapitalization of NitroFill...
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February 06, 2017, 07:00 AM
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Bibby Financial Services (BFS) announced it was supporting United Plastics Group (UPG), a Houston-based manufacturer of specialized plastic parts, components and complete finished goods to multiple industries, owned by Turnspire Capital Partners...
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February 03, 2017, 07:00 AM
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Gibraltar Business Capital closed a new $2 million asset-based line of credit for Custom Wood Products (CWP), a producer of fine custom wood cabinetry located in Roanoke, VA.
Working with CWP and financial sponsor, Wafra Partners LP, an affiliate of...
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February 01, 2017, 07:49 AM
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Square 1 Bank, a division of Pacific Western Bank, today announced that it has provided a $5 million credit facility to new client Argonaut Manufacturing Services, a leading contract manufacturer for biotech companies. Proceeds from the facility will...
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January 19, 2017, 08:00 AM
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Bibby Financial Services (BFS) announced a combined $2.3 million line of financing to a Chicago-based metal products manufacturer. The company supplies aluminum products for a variety of industries including the automotive, lighting, medical...
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January 18, 2017, 07:25 AM
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Manufacturing was the most active industry for closing deals valued at $75 million or less in the first quarter of 2016, according to a new survey released by CMF Associates, private equity’s preferred operating partner for finance and financial...
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June 01, 2016, 07:51 AM
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The MAPI Foundation released its latest U.S. Industrial Outlook, a quarterly analysis of 27 major industries, which found that manufacturing industrial production was unchanged from the third to the fourth quarter of 2015. The analysis indicates that...
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March 18, 2016, 07:59 AM
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The business outlook improved notably among U.S. industrial manufacturers during the fourth quarter of 2014, according to the Q4 2014 Manufacturing Barometer, released by PwC US. A wide range of key indicators posted improvement during the fourth...
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January 26, 2015, 07:29 AM
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Job gains and business investment are the two lead drivers keeping manufacturing on a solid growth path, according to the MAPI Foundation's U.S. Industrial Outlook, a quarterly report that analyzes 27 major industries. The MAPI Foundation is the...
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December 23, 2014, 07:03 AM
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U.S. manufacturing is poised for steady growth through 2016, according to the MAPI Foundation’s U.S. Industrial Outlook, a quarterly report that analyzes 27 major industries. The MAPI Foundation is the research affiliate of the Manufacturers Alliance...
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September 18, 2014, 05:50 AM
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Blackford Capital announced the acquisition of Mopec, Inc., a full-service, full-line manufacturer of pathology and mortuary equipment based in Metro Detroit. Comerica Bank and Northcreek Mezzanine provided financing for the transaction.
Mopec was...
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June 07, 2013, 07:13 AM
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First Capital provided a $10 million revolving line of credit to Key Industries, Inc., a manufacturer of quality work wear. The senior credit facility is collateralized by accounts receivable and inventory.
First Capital was selected as the working...
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April 29, 2013, 07:16 AM
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Weak overall economic growth persisted in the third quarter of 2012, increasing by 2.7%, and the sluggish pace characteristic of the current expansion is likely to continue, according to the quarterly Manufacturers Alliance for Productivity and...
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December 21, 2012, 07:50 AM
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Economic activity in the manufacturing sector contracted in November following two months of modest expansion, while the overall economy grew for the 42nd consecutive month, say the nation's supply executives in the latest Manufacturing ISM Report On...
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December 04, 2012, 07:41 AM
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Salus Capital Partners provided a $12.75 million senior secured working capital facility to Xenith, LLC, a privately held manufacturer and wholesaler of football helmets and sporting equipment. The financing will be used to provide working capital...
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November 01, 2012, 07:06 AM
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Despite continued uncertainty about the prospects of both the U.S. and global economies, the majority of U.S. industrial manufacturers remain positive regarding the overall revenue outlook for the next 12 months, according to the Q3 2012...
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October 26, 2012, 08:06 AM
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TD Economics, an affiliate of TD Bank, released a special report crediting the revival of the U.S. manufacturing sector as a key driver in the economic recovery, largely due to a slowdown in offshoring activity. This slowdown has kept in the U.S....
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October 16, 2012, 06:31 AM
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The results of the quarterly Manufacturers Alliance for Productivity and Innovation (MAPI) Survey on the Business Outlook (EO-113) indicate slowing growth for U.S. manufacturing over the next three to six months, in line with most other forecasts...
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October 12, 2012, 07:00 AM
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Economic activity in the manufacturing sector expanded in September following three consecutive months of slight contraction, and the overall economy grew for the 40th consecutive month, say the nation's supply executives in the latest Manufacturing...
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October 02, 2012, 07:00 AM
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New orders for manufactured durable goods in August decreased $30.1 billion or 13.2 percent to $198.5 billion, according to the U.S. Census Bureau. This decrease, down following three consecutive monthly increases, was the largest decrease since...
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September 28, 2012, 06:00 AM
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The National Association of Manufacturers (NAM) and the National Federation of Independent Business (NFIB) announced the results of a nationwide survey of small businesses and manufacturers. The results cast a harsh light on the state of the U.S....
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September 26, 2012, 06:00 AM
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U.S. industrial activity hit a speed bump in the second quarter of 2012 and stall speed growth may delay the transition from modest to moderate growth until the second half of 2014, according to the quarterly Manufacturers Alliance for Productivity...
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September 20, 2012, 07:00 AM
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Prime Advantage, a buying consortium for midsized manufacturers, announced the findings of its tenth semi-annual Group Outlook Survey, revealing financial projections and top concerns of its Member companies for the second half of 2012.The majority...
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September 10, 2012, 06:00 AM
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Bank of America Business Capital recently arranged and agented a $125 million senior secured, asset-based revolving credit facility for Consolidated Container Company. A developer and manufacturer of rigid plastic packaging solutions in North America...
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August 14, 2012, 08:00 AM
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