202413 Mar

Formetco Partners with 5/3 Bank on New Financing to Fulfill Growth Plan

Summary

"Ray Shrader, Fifth Third senior vice president and middle market banking relationship manager said, "This is the result of many years of collaboration, and we are excited to work with a dynamic, growing company such as Formetco. "Founded in 1968 and headquartered in Duluth, GA, Formetco has researched, designed, and developed thousands of innovative digital and hardware products for the Outdoor Advertising industry. Formetco Sports, a business unit of Formetco, is a market leader in designing, manufacturing, and installation of digital LED displays and other products that enhance the game day experience for High Schools, Colleges, and Professional Sports venues across the United States.About Fifth ThirdFifth Third is a bank thats as long on innovation as it is on history. Our list of firsts is extensive, and its one that continues to expand as we explore the intersection of tech-driven innovation, dedicated people and focused community impact. Fifth Third Bancorp is the indirect parent company of Fifth Third Bank, and its common stock is traded on the NASDAQ\xae Global Select Market under the symbol "FITB."

Source: Prweb

Funding

$15M
Amount
Mar 13 2024
Date
-
Investor
Formetco Incorporated
Company

Classifications

Companies