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Financial Services & Capital Markets| Client Successes

Plant Expansion Positions Pump Company for Growth

Situation

To keep up with customer demands, Rotating Equipment Repair Inc. sought to expand production space at its Wisconsin facility. The pump manufacturing company financed construction of its approximately 46,500-square-foot addition with tax-exempt industrial development revenue bonds.

Result

The Husch Blackwell team served as bond counsel to Rotating Equipment and as counsel to Johnson Bank, which provided several credit facilities, including a term loan, revolving line of credit and the purchase of the bonds.