Teed up for a strong fu­ture

Australasian Timber - - NEWS -

Pride Man­u­fac­tur­ing Co., man­u­fac­turer of wooden golf tees and other en­gi­neered wood prod­ucts and ac­ces­sories, re­cently re­ceived $30 mil­lion in fi­nanc­ing through New Eng­land­based Ci­ti­zens Bank. Pride will use its new credit line to re­fi­nance ex­ist­ing debt and to spear­head sev­eral growth ini­tia­tives and other gen­eral co­po­rate pur­poses, the com­pany said. Founded in 1930, Pride is head­quar­tered in Brent­wood, TN, with man­u­fac­tur­ing op­er­a­tions in Burn­ham, ME. It is now one of the world’s largest man­u­fac­turer of wooden golf tees and other golf prod­ucts and ac­ces­sories.

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