American Metal Technologies is a leading manufacturer and supplier of precision-machined parts to OEM’s, Tier 1 automotive suppliers, and other industrial segments. The Company was recently awarded significant new business by a key Fortune 500 OEM to expand upon AMT’s current customer programs. This necessitated additional funding to support new capital expenditure requirements and growing working capital needs. Once again, AMT engaged Promontory to evaluate funding alternatives. Through Promontory’s assistance, AMT was able to expand their existing capital structure with economic development grants and equipment financing. The increased borrowing capacity provides the business added flexibility to keep pace with new business and growing customer demands.
By Christopher Riegg
Christopher Riegg, CFA, CPA is the Founding Partner of Promontory Strategy Group (PSG), providing strategic and financial advisory support to privately held and family-owned businesses. He also co-leads Promontory Point Capital (PPC), the investment banking firm he co-founded in 2004, and is the creator of RieggInsights.com, a platform focused on strategic growth, value creation, and successful transaction outcomes.
