Showing posts with label Domestic. Show all posts
Showing posts with label Domestic. Show all posts

Monday, June 17, 2013

HARTMANN USA, Inc., Medical Manufacturer and Distributor, Announces $18 Million Dollar Investment to Expand Domestic Incontinence Management Production


Rock Hill, SC (PRWEB) May 16, 2013

HARTMANN USA, Inc., the U.S. subsidiary of PAUL HARTMANN AG, today announced the pending expansion of its facilities in Rock Hill, South Carolina. The project will include an $ 18 million dollar investment to support the relocation of its U.S. incontinence management production located in Bloomington, Indiana as well as new machinery and equipment from its European operations. The expansion is expected to be complete in mid 2014 and will modernize and expand capacity to their manufacturing operations in the U.S., while adding nearly 75 jobs to the local economy.


Over 26 million adult Americans experience some form of incontinence, which can also lead to serious skin irritation and complications. HARTMANN is committed to addressing these issues head on by designing products that provide skin-friendly features without compromising product function. The improvement to product features and design that this expansion will allow is extremely beneficial to the end user, said Oliver Krause-Huckleberry, HARTMANN USAs marketing director of incontinence management. While addressing the overall issue of incontinence is important, through absorbency and other functional features, skin complications are extremely common in individuals living with incontinence. We feel its important to address these complications through the products we manufacture and market.


HARTMANN originally entered the US incontinence market more than 25 years ago, distributing their skin-friendly MoliCare

Saturday, June 15, 2013

AMG Financing Capital Obtains $15 Million in Financing for one of Americas Largest Domestic Garment Manufacturers and Retailers


Los Angeles, CA (PRWEB) November 29, 2012

Arthur Gelber, President of AMG Financing Capital, was hired in 2012 to arrange financing for one of Americas largest garment manufacturers and retailers during a cash flow crisis. For one reason or another, this company was unable to obtain financing on their own. In helping this company, AMG arranged a financing of machinery and equipment as a bridge towards a $ 43 million infusion of capital arranged by the owner several months later.


Over the years, AMG has amassed more than 400 institutional financing sources, such as banks, insurance companies, and various types of funds. Some institutions will provide financing as low as $ 1 million others $ 100 million and more. The larger the financing, the easier it is to do.


This year has been another successful one for AMG and their clients. For example, a Los Angeles based contract furniture manufacturer with domestic and foreign sales had its line of credit cancelled by a major national bank. AMG was able to restructure the company's debt getting the company more working capital with better terms and conditions.


Another 2012 success story: A world famous beauty salon chain and manufacturer of hair care products needed to expand their hair care manufacturing operation. The client came to AMG looking for equity. AMG was able to do better. They structured a cash flow financing, which provided enough working capital that the client did not have to give up equity in the company.


About AMG Financing Capital, Equity and Debt Private Placement Financings


AMG Financing Capital was founded in 1968 by Arthur Gelber who trained in investment banking at both Paine Webber and Merrill Lynch. While assisting larger companies, he discovered a need in the middle market for assistance and professional expertise in obtaining financing for acquisition, expansion and refinancing. These companies were too small to get the attention of larger investment banks, such as Goldman Sachs and Merrill Lynch. They only had their network of trusted advisors to advise them in an area in which they had little or no experience - until AMG Financing Capital came along.


AMG brings professional help to these companies in knowing how to make a proper presentation and to whom to make the presentation. During the financing process they provide advice on terms, conditions, structure and interest rates. Many of these companies are unable to obtain business financing on their own usually because they are not telling their story in a manner acceptable to many financing sources and they are not telling their story to the right people. Arthur Gelber and AMG know how to present companies to each financing source and get results with a 100% success rate in helping their clients with their financing problems.