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, brackets, gear boxes, transmission housings and pump castings which are mainly used in the irrigation, heavy trucks, valve and pump industries. Donsco is also environmentally conscious and demonstrates that by having developed a formal program to reduce, reuse and recycle waste and improve the efficiency of their energy usage.
Donsco was sourced by Ken Frank, in Sterling's Philadelphia office.