Seitz Corporation (“Seitz or the “Company”) announced that it has completed a debt refinancing with Core Business Credit of Dallas, TX . The proceeds from the transaction were used to refinance existing indebtedness and for general corporate purposes. BellMark Partners, LLC acted as financial advisor to the Company in connection with the transaction.
Seitz is a leading global manufacturer of highly engineered, precision injection molding products used by a diverse group of companies in the medical, pharmaceutical, food and beverage, industrial, business equipment, electronics, consumer products, and household goods industries. The Company provides injection molding services, contract manufacturing services, and designs, produces and assembles proprietary custom thermoplastic devices, components and tools for innovative solutions in addressing product design issues for its customers. The Company also produces a proprietary line of clutch bearings developed for use in plastic gears, pulleys, and timing belts.