Newly restructured Carthage Specialty Paperboard and Climax Manufacturing Co. gained $10.5 million in subordinated secured debt financing from an affiliate of Enhanced Capital Partners. With operations in Lowville and Carthage, NY, Climax makes specialty uncoated recycled paperboard, folding cartons, and custom packages. Climax will use the funds to refinance existing debt and to pay for a capacity expansion project with a rebuild of its 50,000 tons/yr Carthage machine, lifting capacity to 60,000 tons (P&PW, Sept. 27, p. 12).
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机译:新重组的迦太基特种纸板公司和Climax Manufacturing Co.公司从Enhanced Capital Partners的关联公司获得了1,050万美元的次级担保债务融资。 Climax通过在纽约州Lowville和Carthage的业务运营,生产特种未涂层的再生纸板,折叠纸盒和定制包装。 Climax将使用这笔资金为现有债务进行再融资,并通过扩建其50,000吨/年的Carthage机器,将产能提升至60,000吨来支付产能扩张项目(P&PW,9月27日,第12页)。
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