Website: https://www.manifoldphalor.com/
Location: Canal Winchester
County: Fairfield
Lending Partner: The Savings Bank
Manifold & Phalor is a manufacturer in Canal Winchester, Ohio providing Design, welding, fabrication, and machining repair services for the energy, military, and commercial aviation sectors. Founded in 1946, they provide Original Equipment Manufacturing (OEM) services, welding, cleaning, and repair for machine components such as turbines, rotors, generators, and numerous specialty parts.
OSDC worked with The Savings Bank to help Manifold & Phalor expand their warehouse and machining area to support the growing business and create new jobs in a rural area of Ohio. The SBA 504 Program helped this business secure financing at a low fixed rate so that they could preserve business cash to hire employees and make investments in new equipment.