Visiting the company, to view the results from a recent $2.25 million USDA Business & Industry loan guarantee, were USDA Business and Cooperative Programs Director Judith Canales and Ohio Rural Development Director J. Anthony Logan. The funds enabled 3 Sigma to finance the purchase, transportation and installation of a 78-inch wide aqueous coater.
Ms. Canales, reflecting on the plant visit, said: “Our whole purpose with business and industry loans and guarantees is to stimulate rural economies. Moreover, a top priority is enabling manufacturing and production to remain in and return to the United States. Our true value is to ensure that companies like 3 Sigma are able to stay in their communities and grow.” 3 Sigma president Tony Rowley also commented: “The addition of our new coater will effectively double our capacity, and we expect to add several jobs as a direct result. The USDA loan guarantee made that possible.”
Ms. Canales, reflecting on the plant visit, said: “Our whole purpose with business and industry loans and guarantees is to stimulate rural economies. Moreover, a top priority is enabling manufacturing and production to remain in and return to the United States. Our true value is to ensure that companies like 3 Sigma are able to stay in their communities and grow.” 3 Sigma president Tony Rowley also commented: “The addition of our new coater will effectively double our capacity, and we expect to add several jobs as a direct result. The USDA loan guarantee made that possible.”
Companies in this press-release
