Bond Financing Profile: 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.