WILMINGTON, OH - August 1, 2005 - As a further compliment to the
advanced solutions AddisonMckee provides to the tube forming industry,
the company has launched a new financing program – AddisonMckee
Financial Services (AMFS).
AMFS provides leasing
transactions designed specifically for AddisonMckee customers and
offers financing and life cycle solutions for all equipment needs,
including bending and end forming machines, tooling, spare parts,
fixtures and gauges, and engineering and technical services. Through
AMFS, AddisonMckee can accommodate both capital and operating lease
structures. Initially, financing programs will be in US dollars,
British sterling and Euro, however, other currencies will be
accommodated, as the market requires.
AMFS offers its
customers many advantages, both short term and long term. In the short
term, leasing options allow companies to manage the useful life of
equipment by taking advantage of short run manufacturing programs.
With AMFS, financing options are available for as short as six months.
This choice provides flexibility for companies trying to balance the
highs and lows of the on-going production schedule.
Additionally, AMFS offers very competitive rates for both capital
and operating leases, and provides a quick turn around time. In most
cases, AMFS will turn around the credit application and approval
process within two business days.
With manufacturing
facilities in Wilmington, Ohio and Preston, England, AddisonMckee leads
the industry in providing tube manipulation equipment, tooling, and
integrated process solutions. The company serves primarily automotive,
aerospace, furniture and ship building market segments.
For more information on AddisonMckee Financial Services, please visit www.addisonmckeefinancialservices.com or contact Ken Hay, Vice President of Finance and Administration for AddisonMckee, Inc. at Ph: 937.382.4490.