Trading symbol: BUI
WINNIPEG, July 22, 2013 /CNW/ - Buhler Industries Inc. (Buhler
Industries) is pleased to announce today a new $20M line of credit
agreement with Export Development Canada (EDC). The financing is in
addition to the $60M line of credit with the Bank of Montreal and the
$7.5M line of credit with CIBC. The Company will use the EDC line to
support its sales growth of Versatile tractors to its overseas
customers. Under the terms and conditions of the agreement, the
Company may take advantage of the credit facility and drawdown funds
depending on its financial position.
About Buhler Industries
Buhler Industries is headquartered in Winnipeg, Manitoba, Canada and is
a publically traded Company on the TSX (TSX: BUI). The Company
manufactures and distributes its product through several brand names
including Versatile and Farm King. The Versatile line of equipment
consists of tractors, sprayers, combines, tillage and air seeders.
Farm King supplies augers, mowers, bale carriers, snowblowers, compact
implements, sprayers, tillage and front end loaders. The Company has
manufacturing facilities and warehouses in both Canada and the United
SOURCE: Buhler Industries Inc.
For further information:
Contact: Willy Janzen, Chief Financial Officer
Phone: (204) 654-5718