Rockford Products Inks Credit Deal

Jason Sandefur

Employee-owned steel cold-formed fasteners and components supplier Rockford Products Corp. completed a $20.5 million revolving credit line and a $7 million term loan.
“This financing will provide us with the necessary additional working capital needed to operate our business as effectively as possible,” stated CEO Ray Wood.
Financing was arranged through Chicago-based Bridge Finance Group.
Rockford Products was founded in 1929 as Rockford Screw Products Co. RPC employees purchased the company in 1985. Web: rockfordproducts.com �2007 FastenerNews.com