Hardwood Lumber Manufacturing , Inc.

Industry:	Building Materials, Lumber & Wood Production
Revenues:	$19.3 Million
Employees:	156

Description

Hardwood Lumber Manufacturing is a producer of Appalachian and Northern hardwood lumber that are distributed to domestic and international markets. Their principal product lines consist of cherry, hard maple, soft maple, red oak and yellow birch. Hardwood also sells veneer logs, green lumber and lumber by-products like pulpwood, wood chips and sawdust.

Because of the unique nature of the lumber industry, PNC Business Credit and Steel City Capital crafted a credit line permitting advances against prepaid private and government standing timber, which are secured by the assignment of the standing timber and timber contracts.