Borrower Spotlight: UMD Automated Systems


Location: Fredicktown

County: Knox

Lending Partner: Park National Bank

UMD Automated Systems creates modular material handling and conveyer systems. They work with all types of industrial companies across the world, but their expertise is primarily in working with the tire, rubber, and automotive industries. 

OSDC worked with First Knox National Bank, a division of Park National Bank, to secure an SBA 504 loan to help finance an addition to their engineering office. This investment gives them an opportunity to expand their sales and engineering staff along with adding essential conference and training space.