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Cambridge Industries, Inc. Concludes Financing Agreement

  • Wednesday, 29th March 2000
  • Reading time: less than a minute

Cambridge Industries reported that it has concluded agreement on a financial arrangement with its banks and selected customers. The funding provided by this arrangement will enable the company to make critical capital expenditures and to launch planned programs while concluding the sales process. Cambridge anticipates providing further information on the sales process during the second quarter of the year. Headquartered in Madison Heights, Mich., Cambridge Industries is a Tier 1 plastic composites supplier to the automotive, light and commercial truck, and industrial products markets. Cambridge Industries has 18 facilities in the U.S., Canada, and South America.

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