Republic Storage Systems Receives Debt and Equity Financing

Republic Storage Systems, LLC, a Canton, Ohio-based supplier of American-made steel lockers, shelving and storage products, received an investment of undisclosed amount from Versa Capital Management, Inc.
In addition, the company has announced that it has closed a new multi-year senior secured credit facility and long-term labor contracts with the United Steelworkers of America, which cover employees at its Canton facility. 
As also stated by Mike Dyer, Republic Storage Systems’ vice president of operations, this transactions will allow the company to maintain and improve its market position in the steel locker and storage solutions industries.

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