Flagship Agriculture Manufacturing Facility Receives $10 Million in Equipment Financing from Wingspire Equipment Finance
Blue Owl Capital Corporation (OBDC)
Company Research
Source: Business Wire
TUSTIN, Calif.--(BUSINESS WIRE)--Wingspire Equipment Finance is proud to announce that it has successfully structured $10,000,000 in equipment financing for a global leader in agricultural manufacturing. The funding will be used to update and refresh the client's flagship Canadian manufacturing facility.The client, a private equity-backed company, is a prominent global manufacturer and distributor of high-precision components and parts for agricultural soil preparation. They serve large OEM and aftermarket channels and maintain an international presence in North America, Europe, and Latin America. The client is also recognized for its strong portfolio of tools for the agriculture, construction, and gardening sectors.The $10 million Capital Lease provided by Wingspire Equipment Finance modernizes the Canadian manufacturing facility, fostering cross-border success. The upgrades include replacing aging equipment with state-of-the-art technologies to improve manufacturing capabilities
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