Tuesday, July 29, 2008 at 2:05 PM
An emergency relief package is still being ironed with between the firm, the state and financial lender Comerica but company spokesman Joe Mosbrook says the Ohio Department of Development has come through with a $2 million low interest loan. Mosbrrok says, "That loan is contingent on all the other pieces coming together. So, private equity needs to be on board, Comerica needs to be on board with their piece. They are in negotiations right now and hopefully we can get a deal in the next couple of days.."
Economy, Regional Economy/Business - News, Government/Politics
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