Signature secures $15M loan to fund growth
Apr 23, 2012 | 09:33 AM
| Suzy Waite
Tags
Signature Aluminum Canada,
Ted Riddle,
extruder,
billet caster,
Apolo Tool & Die,
Suzy Waite
NEW YORK — Signature Aluminum Canada Inc. has received an asset-based loan from Canadian Imperial Bank of Commerce to help fund growth plans, chief executive officer Ted Riddle told AMM.
The $15-million revolving credit facility will give the extruder and billet caster access to direct cash advances for both working capital and expansion efforts at its Pickering, Ontario, facility, as well as its fabrication subsidiary, Apolo Tool & Die....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute — no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Subscribe Now
Click Here
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.
Take a Free trial
Click Here