PNC Bank closed an $8.9 million asset-based revolver and term loan facility for Bright Plastics. The company will use the funds to refinance existing debt and for working capital.
Bright Plastics offers 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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