Contact: Karen Brann
Hyannis, MA – July 20, 2011 – The Massachusetts Growth Capital Corporation (MGCC) announced that it has provided a line of credit and a term loan to Lewis & Weldon Custom Kitchens of Hyannis.
“Lewis and Weldon Custom Kitchens continue to succeed because it does the hard work of coping with the influence of recession by focusing on client needs and the quality of their beautiful finished products. MGCC is pleased to support their continued growth with a term loan and a letter of credit facility.” Charles T. Grigsby, MGCC Interim President.
The company opened in 2004 as a Design and manufacturing facility with state of the art design and woodworking equipment. The equipment enables the company to offer high end detail on their work with a high level of speed and consistency that contributes to its consistency and profitability. They have since continued to add woodworking equipment, including a briquetting machine that turns their wood waste into a bio-fuel that is used to heat the facility in the winter months. They are also constantly updating their training processes and cross training their employees in the art of custom cabinetry.
In the last couple of years, Lewis and Weldon has worked hard to provide a more complete remodeling choice for their clients by adding complete Plumbing, Electrical and Glass services. They have also added a lower level price point of cabinetry for budget conscious projects, while maintaining 100% of the quality for which they are known. By adding these choices, it has resulted in an expansion of their customer base and has opened up opportunities at both ends of the marketplace.
"For most Homeowners, the remodeling process is often a challenging time. Our team of Designers and Craftsmen work hard to make sure our clients project is one that they will be proud of for Generations to come" Chuck Hart, Co-Owner Lewis & Weldon
The mission of Massachusetts Growth Capital Corporation is to provide capital to Massachusetts small businesses, women and minority owned businesses and local development efforts, in flexible financing programs, by supplementing the capital available from private financial institutions, including non-bank lenders, in order to promote the creation and maintenance of good jobs for Massachusetts residents.