St. Louis, MO, March, 2012
Capital For Business, Inc.® (CFB) announced today that it recently completed an investment in Menomonie, Wisconsin based Polymer Technology Company, LLC.
Founded in 1997, Polymer Technology is a vertically-integrated and full-service provider of plastic injection tooling design & engineering, contract molding services, and post-production assembly, kitting, & supply chain services. The Company’s unique capabilities in robotic and clean-room handling allow it to serve original equipment manufacturing (OEM) customers in the medical device and genetic testing industries as well as defense and commercial markets.
CFB partnered with First Capital Partners, an Omaha, Nebraska-based private equity & mezzanine debt fund, Magna Capital of Chicago, and Company management to acquire Polymer Technology. Holly Huels, Senior Vice President, CFB, commented “We are excited about our investment in Polymer Technology and to provide management the opportunity to invest in this unique company as we work to grow the business.”