The Board of Directors at the Export-Import Bank of the United States (EXIM) approved a nearly $23.5 million loan to the Tennessee plant of an Australian powdered metals firm as part of the bank's Make More in America initiative (MMIA).
The direct loan will be used to finance the purchase and installation of industrial metals processing equipment to further expand a McDonald, TN-based critical minerals and refractory alloy processing facility owned by Amaero Advanced Materials & Manufacturing.
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