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Borrower Spotlight: Goyal Industries Acquires Forrest Machine Products and Keeps Ohio Jobs Intact
Location: Mansfield, Ohio County: Richland County Lending Partner: Park National Bank Built in Ohio, Built to Last Goyal Industries has been a fixture of Ohio manufacturing for more than 35 years. Founded in 1988 by Prakash Goyal and based in Mansfield, the company has built its reputation on precision. They produce custom metal components to […]
Borrower Spotlight: Manifold & Phalor, Inc.
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 […]
Borrower Spotlight: Team Worldwide Columbus
Website: https://www.teamww.com/ Location: Lancaster County: Fairfield Lending Partner: Bridge Credit Union Compass Rose Logistics LLC is a specialized freight forwarder located in Columbus, Ohio. They are an independently owned branch of Team Worldwide and do business as Team Worldwide Columbus. A woman-owned business, Team Worldwide Columbus provides sophisticated logistics and freight services through truck, air, […]
Borrower Spotlight: Defifoods Group International, Inc.
Website: https://defifoods.com/ Location: Defiance County: Defiance Lending Partner: Citizens National Bank Defifoods Group International is minority-owned family business that manufactures private label chocolates and other confections. They create a variety of organic chocolates using ethically grown cocoa sourced throughout the world. They moved their production and warehouse operations to Defiance in 2022 to better serve […]
Borrower Spotlight: Michael Byrne Manufacturing
Website: https://byrnegroup.com/ Location: Mansfield County: Richland Lending Partner: Park National Bank Michael Byrne Manufacturing is a women-owned family business that manufacturers auger boring machines, augers, cutting heads, and industrial gearboxes. It supplies utility contractors with equipment to drill horizontally underground to install water, sewer, gas, oil, and electric lines to provide energy to homes and businesses. The business started […]
Borrower Spotlight: Inn & Spa at Cedar Falls
Website: https://innatcedarfalls.com/ Location: Logan County: Hocking Lending Partner: First Merchants Bank The Inn & Spa at Cedar Falls is a unique lodging property surrounded on three sides by Hocking Hills State Park in Logan, Ohio. The grounds consist of 75 acres of wooded and landscaped property with cottages, cabins, yurts, and other unique rentals. In addition, they offer a […]
Borrower Spotlight: Wishmaker House
Website: https://www.wishmakerhouse.com/ Location: Bellville County: Richland Lending Partner: Park National Bank Wishmaker House is an upscale bed and breakfast with a full restaurant and an onsite winery in the heart of Bellville, OH. Originally built in 1890 as the home of a prominent local physician, the building has historic significance in the community and was transformed into Wishmaker […]
Borrower Spotlight: Future Polytech, Inc
Website: https://futurepolytech.com/ Location: Coldwater County: Mercer Future Polytech, Inc. is a manufacturer of plastic film and bags for a variety of commercial and industrial applications. Their offerings include general-purpose packaging solutions, extended environmental exposure applications, and shrink films. OSDC worked directly with the borrower to help them finance two separate activities through the Ohio 166 Regional Direct […]
Borrower Spotlight: Irving Equipment
Website: https://www.irvingequipment.net/ Location: Tiffin County: Seneca Lending Partner: First National Bank of Bellevue Irving Equipment, LLC is a family-owned assembler, fabricator, and manufacturer of heavy equipment located in Tiffin, OH. Established in 2003, Irving Equipment manufactures, sells, repairs, and services concrete pump trucks and truck-mounted cranes. OSDC worked with Irving Equipment to provide them with two different loans. […]
Borrower Spotlight: UMD Automated Systems
Website: https://www.umdautomatedsystems.com/ 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 […]