4.926% 504 20 year term, December 2018
4.990% 504 25 year term, December 2018

 

Crystal Finishing Systems, Inc. (RE)

May 2015 | Mosinee, WI

 

Crystal Finishing Systems, which was started back in 1993, specializes in applying coatings and extruding aluminum.  It has seven distinct operating divisions. The Liquid Paint division offers a variety of finishes and other protective coatings to metal products. The Power Coating division is for all types of metal products. The Fiberglass and Plastics Paint division provides a urethane finish to fiberglass and plastic products. The Aluminum Extrusion division produces heat treatable aluminum products used in the building and construction, transportation, machinery and equipment, electronics, medical equipment and office furniture industries. The Plating division  offers clear and yellow zinc plating for steel parts. The Fabrication division does cutting, bending and punching operations for aluminum and steel parts. The Warehousing division stores supplies. These divisions allow Crystal Finishing to serve their 400 regional clients though they do sell nationally.

 

In June of 2013 Mark Matthiae saw an opportunity to purchase and renovate a manufacturing facility located in Mosinee. With the help of an SBA 504 loan financed through BMO Harris Bank, Mark was able to buy the building and add a new press  and paint line. The new location and machinery bring 275 jobs to Mosinee area and helps the Crystal Finishing accommodate future growth.

 

 

Funded

May 2015

 

Owner(s)

Mark Matthiae

 

Bank & Lender

BMO Harris Bank, N.A., Jennifer Auner

 

Financing

Purchase of real estate and improvements

 

Jobs Created & Retained

Created 275 jobs

 

Public Policy Goals/Local Development Goals

Aiding rural development (pop. of Mosinee is 3,989)

 

Project Amount

$8,061,000

 

WBD Contact

Kyle Kuntz

 

Kyle's Personal Page

 

Email Kyle

P: (715) 575-5805

Crystal Finishing Systems, which was started back in 1993, specializes in applying coatings and extruding aluminum.  It has seven distinct operating divisions. The Liquid Paint division offers a variety of finishes and other protective coatings to metal products. The Power Coating division is for all types of metal products. The Fiberglass and Plastics Paint division provides a urethane finish to fiberglass and plastic products. The Aluminum Extrusion division produces heat treatable aluminum products used in the building and construction, transportation, machinery and equipment, electronics, medical equipment and office furniture industries. The Plating division  offers clear and yellow zinc plating for steel parts. The Fabrication division does cutting, bending and punching operations for aluminum and steel parts. The Warehousing division stores supplies. These divisions allow Crystal Finishing to serve their 400 regional clients though they do sell nationally.

 

In June of 2013 Mark Matthiae saw an opportunity to purchase and renovate a manufacturing facility located in Mosinee. With the help of an SBA 504 loan financed through BMO Harris Bank, Mark was able to buy the building and add a new press  and paint line. The new location and machinery bring 275 jobs to Mosinee area and helps the Crystal Finishing accommodate future growth.