GE Capital Canada announced it provided an $8.8 million senior secured credit facility to DBG Canada, commonly known as DBG Metal Manufacturing, a manufacturer of heavy duty truck parts. DBG will use the proceeds to refinance an existing term loan and for working capital.
Founded in 1978 and headquartered in Mississauga, ON, DBG is a global industry leader in the design and manufacture of metal stampings, modular welded, structural welded and mechanical assemblies for truck manufacturers including Navistar International. DBG also provides design, tooling and manufacturing services to companies in the automotive, military and agriculture industries. It has more than 900 associates working in six facilities in Canada and Mexico.
“We’re pleased to support DBG’s growth plans,” said Alain Dupont, senior vice president, corporate finance, GE Capital Canada. “The manufacturing sector is a critical one for Canada and is a major area of focus for GE Capital.”
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