Utica Equipment Finance announced the closing of a $7.5MM Capital Lease to support a leading precision manufacturing firm in its strategic acquisition of two complementary businesses specializing in high-quality machining and advanced tooling solutions. Secured by manufacturing and tooling equipment, this transaction provides essential acquisition financing and working capital to drive the consolidation of operations and facilitate growth.
The lease supports the firm’s plan to integrate an ISO-certified precision machining operation with a specialized progressive tooling business. This integration creates a full-service, vertically integrated manufacturing powerhouse positioned to serve major clients across agriculture, construction and heavy equipment sectors, while also targeting expansion into high-growth markets such as aerospace, medical and electronics.
In addition to streamlining operations across an extensive facility, the combined entity has already demonstrated significant financial strength with improved profitability margins and operational efficiencies. This capital lease underscores Utica’s commitment to delivering tailored financial solutions that empower businesses to achieve long-term growth and competitive advantage in critical industrial sectors.