Amer Metal/Amer Chartered Bank

American Metal Technologies is a leading Tier 1 and Tier 2 automotive, diesel, and heavy industrial supplier of engineering-centered, precision machined components.  As a result of its most recent acquisition of a high pressure aluminum die casting operation, the Company has begun to win new Tier 1 and Tier 2 programs that allow AMT to fully integrate its acquired capabilities.  The Company’s expanding business opportunities quickly required additional funding to support new capital expenditures and growing working capital needs.

Since first establishing a relationship with AMT in 2009, PPC has served as the Company’s principal financial advisor on several occasions involving both financial and strategic initiatives.  The Company once again engaged PPC in 2015 to explore and evaluate multiple funding alternatives that would allow AMT to expand its existing capital structure by leveraging the available borrowing capacity of its real estate & equipment assets. The Company’s new multi-bank lending facilities, closed by PPC in February of 2016, provide AMT with increased borrowing capacity and added flexibility to keep pace with its growth opportunities and expanded customer programs.