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PNC Provides $8.9MM to North Carolina Manufacturer

November 24, 2015, 07:50 AM
Filed Under: Manufacturing
Related: PNC Bank

PNC Bank, N.A announced the closing of an $8.9 million asset-based revolver and term loan facility for Bright Plastics Inc.  Based in Greensboro, North Carolina, the company will use the funds to refinance existing debt and for working capital.

Bright Plastics offers comprehensive plastics manufacturing services, including plastic part design, injection mold engineering, rapid prototyping, testing, scientific molding, custom injection molding, decoration, quality control assembly and packaging to a variety of industries, including medical device, consumer products, diagnostics, government/military, heavy truck, waste management and nuclear materials packaging industries.

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