Case Study: Wisconsin Aluminum Foundry boosts production capacity with financing from First American Equipment Finance

Wisconsin Aluminum Foundry adds $2.7M in CNC equipment with First American Equipment Finance

Wisconsin Aluminum Foundry, a manufacturer with over 115 years of operation, faced a challenge in scaling its production to meet growing demand. Their primary bank line of credit was reaching capacity, which constrained liquidity and limited their ability to invest in new equipment. To support long-term growth initiatives, they needed to diversify their funding sources and partnered with First American Equipment Finance for a financing solution.

First American Equipment Finance implemented a tailored 60-month $1 buyout lease to finance $2,700,000 worth of Okuma CNC machines. This solution allowed the customer to retain tax depreciation benefits and preserve their primary bank line for other needs. The result was increased production capacity to fulfill new contracts, greater financial flexibility, and the achievement of their long-term growth and efficiency goals without constraining liquidity.

Wisconsin Aluminum Foundry