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Content about Investment

October 27, 2010
Capital Requests Hinge on Just Three Letters: ROI (Part 1 of 3)

“How can an on-premise laundry manager most effectively demonstrate to administration (or a for-profit textile rental operator demonstrate to financiers) the need for capital improvements and renovation in his or her plant?”

Hotel/Motel/Resort Laundry — Charles Loelius, The Pierre New York, New York, N.Y.

July 17, 2009
Agency Loans $100,000 to NH’s Sterling Linen to Expand, Add Jobs

MANCHESTER, N.H. — Sterling Linen Services, a company that provides laundry services to institutional customers in the Manchester area, has received a $100,000 loan from the city’s Economic Development Office (MEDO). Leveraging the loan funds, Sterling Linen expects to add 35 jobs.

May 13, 2009
Be Consistent with Investment Plans, Even in Dark Times

A number of my employees have asked me whether they should continue to invest money in their 401(k) or IRA plans because of the current economy.

They’ve lost between 40% and 50% of the money that was in their accounts, they point out, and simply don’t feel like losing any more. I can see the pain in their eyes and hear the fear in their voices.

August 20, 2008
ADC Secures Capital for Growth, Acquisitions

FALL RIVER, Mass. — American Dryer Corp. (ADC) has secured capital funding up to $300 million to allow the company to strategically acquire complementary businesses.