October 2019 Athens, OH
Through the Ohio Rural Business Growth program, Enhanced Capital made a debt investment in Global Cooling, Inc., a rural manufacturing company in Athens, OH. The investment in October 2019 provided working capital and liquidity to support the Company’s recently in-sourced manufacturing capabilities. This investment created new jobs and allowed the Company to continue to employ over 100 individuals.
Global Cooling manufactures eco-friendly, ultra-low temperature cooling solutions designed for pharmaceutical, biotechnology, and academic industries. The Company has experienced rapid growth, more than doubling revenues over the last three years. More information about Global Cooling.