Elevate Export Finance corp. (Elevate) is pleased to announce new funding for Husky Injection Molding Systems (the exporter) with Plastimax (the buyer). Elevate is proud to support our strong and growing relationship with Husky as one of Canada’s preeminent exporters.
Plastimax is a Guatemalan company that develops and produces integral plastic packaging solutions for various industries including automotive, agrochemicals, food and beverage, pharmaceutical, cleaning, and personal care among others. This purchase will allow Plastimax to increase their production, upgrade their technology and improve efficiency. The increase of capacity will be used to launch a new yogurt container with an estimated sale of 1.5 million units per month.
Based in Ontario, Canada, Husky Injection Molding Systems is an innovative leader of the plastics processing industry. The company designs, manufactures and integrates the industry's most comprehensive range of injection molding equipment, including machines, molds, hot runners, auxiliaries and integrated systems. Husky also provides value-added services which include preform development, part design, factory planning, customer training, systems integration and complete asset management. Husky supports customers in over 100 countries.
Elevate’s strong market knowledge and ability to provide much needed secondary financing in Guatemala was a main factor in assisting the close of this transaction for Husky. To learn more please contact us at elevatefinance.ca