Lockers Manufacturing is a leading manufacturer of cold rolled steel lockers and locker components for public and private schools, hospitals, warehouses, and military installations.
The company was seeking working capital to move from Tennessee and onshore manufacturing from China.
An investment made in connection with the Mississippi Small Business Investment Company (MSBIC) program allowed the company to hire employees, upgrade facilities, and ramp up production as part of its move to predominantly domestic manufacturing.
Investment Summary
Location
Mississippi
Investment
$3,500,000
Type
Debt
Impact
Jobs Supported
37