EGPI Firecreek Inc. - 2010-09-28
Description
Secured a $50-million equity line facility from Dutchess Opportunity Fund II LP. The equity line facility is free of any upfront costs and will be utilized at the sole discretion of the company. Funds will be used to supplement acquisitions, for working capital purposes, to finance projects already in hand, and will also help facilitate the fulfillment of backlogged orders in several of the EGPI Firecreek's subsidiaries.