Toronto - GE Capital, Canada announced today that it has increased Van-Rob Inc. senior secured credit facility to $91 million. GE Capital, Canada served as lead arranger and administrative agent. The proceeds of the facility will be used for general working capital purposes.
Founded in 1979 and headquartered in Aurora, ON, Van-Rob is a Tier 1 automotive parts manufacturer of large structural assemblies, chassis components and crash energy management systems. It services the major automobile manufacturers from facilities located in Canada, the U.S. and Mexico.
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