Milwaukee-based Metal Forms Corp. is seeking a $330,000 loan from the Milwaukee Economic Development Corp. The proposed loan, which is up for approval on Tuesday, would help the 106-year-old manufacturer purchase $825,000 worth of new robotic equipment to automate and expand its manufacturing processes.
The primary lender is BMO Harris Bank.
Metal Forms engineers, supplies and services the concrete forming, material handling, and concrete finishing segments of the concrete construction industry.
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It has 26 employees, and plans to add three jobs in the next two years.
