Bond Financing Profile: Capital Corrugated

Capital Corrugated

 

LOCATION: Sacramento, CA

 

AMOUNT ISSUED: $3,810,000 – Industrial Development Bond

 

DATE ISSUED: November 17, 2015

 

ABOUT: Capital Corrugated is a packaging manufacturer of corrugated boxes and folding cartons. The Funds are to acquire a high speed printing press. The improved technology helps to meet increased demand and reduce operating costs and raw material waste. “The new press will allow us to do more for our customers and offer a higher quality product” said Controller Brett W. Smith of Capital Corrugated. The company is adding 15 jobs within 2 years of acquiring the press.