A planned manufacturing expansion in Union City has gotten an infusion of funding.
SunTrust Bank, SunTrust Community Capital and then National New Markets Fund is providing nearly $16 million in financing for a $39.5 million expansion being done by Made in America Seating Corporation.
The company, a manufacturer of ergonomic office seating, is retrofitting its 100,000-square-foot building, and it is adding 32,000 square feet of office space. Made in America seating is currently installing equipment in Union City and has started limited production and trial shipments. The company is expecting its first major shipment from Union City to be ready by July. The company makes office furniture for around 1,300 furniture dealers in the U.S.
Source: Publication: Memphis Business Journal