OSDC Borrower Continues to Expand

UMD Automated Systems is located in Fredericktown, Ohio. They recently broke ground on a new engineering office addition to their current facility. Unique Metal Designs has been creating mechanical systems for material handling and manufacturing since they were founded in 1996 by Don & Laura Rogers. Ohio Statewide Development Corporation was proud to partner with First Knox National Bank to finance a second SBA 504 loan for the new addition.

This is the third expansion so far in the evolution and growth of UMD, and in July of 2016, they will celebrate their 20 year anniversary. The new engineering office is approximately 7,000 square feet and will allow for 32 sales and engineering offices, plus a conference/training room. This expansion will also lead to ten new jobs being created.