December Biz Spotlight: KOST USA Inc.

Business Lending

KOST-for-webAt KOST USA Inc., their slogan is ‘It’s more than business… it’s personal.’ So when this leading manufacturer and marketer of more than 100 premium chemicals needed to expand their business, they kept their customer’s needs front and center.

To meet their growth projections, KOST USA Inc. was looking to expand their blending and packaging capabilities. They brought together the headquarters and production facilities into one purchased property. They decided to purchase the old Riemeier Lumber location on Tennessee Avenue in Cincinnati. To help finance the purchase and renovation, their banker introduced them to HCDC and the SBA 504 Loan.

“HCDC made the process fast and easy,” said Kim Webster, CFO at KOST USA, Inc. “We are a business that is passionate about customer service so we appreciate and recognize this it in others. HCDC’s professionalism and expertise are the reasons why we went back for our second 504 loan.”

KOST USA Inc. used the second 504 loan to buy equipment and add more jobs. Their main production facility now houses a total well over a million gallons of blending and storage capacity.

 

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