PCT International Secures over $25M in Global Credit Facilities
PCT International, Inc., a Mesa, Arizona-based provider of last-mile products for the broadband industry, has secured over $25m in global credit facilities.
The new facilities recapitalize the company’s existing lenders and provide growth funding to support PCT’s strategic global initiative. It will use proceeds to expand manufacturing capacity, increase research and development and support expansion of its line of products.
Established in 1997 by CEO Steven Youtsey, PCT international develops and globally supplies last-mile technology products for broadband, CATV, satellite and structured wiring customers in more than 60 countries.
The company has 46 offices across 14 countries.