Wise Foods, Inc., a leading regional salty snack company, announced today the completion of a new $25 million credit facility. The new facility is being provided by GMAC Commercial Finance, as Lender and Arranger, and Siemens Financial Services, Inc. as Lender and Syndication Agent, and includes a revolving credit line and a term loan.
The new debt arrangements will allow Wise to expand and grow through investments in marketplace initiatives including new products. Additionally, the new facility will be used for capital investment to improve efficiencies and expand production capabilities at the Company's main production facility in Berwick, PA.
US Salted Snack Producer Wise Foods Refinancing
Like to receive news like this by email? Join and Subscribe!
NEW! Join Our BlueSky Channel for regular updates!
Sponsored Content
精选企业
Related News
六月 18, 2025
Frito-Lay Rancho Cucamonga Snack Plant Shuts Down After 50 Years
Frito-Lay has ended manufacturing at its Rancho Cucamonga snack plant after 50+ years, affecting potentially hundreds of jobs. While some operations remain, many workers were laid off, with limited transfer options and undisclosed severance details.
六月 07, 2025
Crunch Time: How Potato Snack Brands Are Battling for Market Share
The potato snack aisle is a battlefield-crammed with crisps, chips, fries, and a dizzying array of flavours. With global market revenues expected to reach over USD 126 billion by 2034 and a steady 3% annual growth rate, it’s clear that competition is fierce and only getting hotter.
Latest News
Sponsored Content
Sponsored Content
Sponsored Content
Sponsored Content
Sponsored Content