Food. Lumber. Boots. These are just a few of the products manufactured in Oregon, where the sector acccounts for more than 50% of gross state product.
In a recent article on the the Oregon Manufacturing Extension Partnership website, our own Beau Conway, senior vice president, equipment finance officer and KeyBank manufacturing chair, describes some of the strengths of the state's manufacturing sector.
"While the apparel and technology industries receive most of the media attention in Oregon," Conways says, "manufacturing is still the most important sector to our economy."
Conway goes on to outline some of the customizeable financing solutions available to manufacturers. These include:
- Real Estate Lending
- Working Capital Lines of Credit
- SBA Real Estate and Equipment
- Tax Exempt Financing (Industrial Development Bonds)
- Treasury / Cash Management
- Investment Services
- General Banking Services
- Employee Banking Services
"Manufacturing has always been a focus sector for KeyBank," Conway says, "and as an Equipment Finance expert I spend much of my time working with companies across all manufacturing.
Learn more about Key's manufacturing equipment finance capabilities in Oregon, and nationally, here.