Furmanite to draw $18 million on revolver to help fund asset purchase

By Marisa Wong

Madison, Wis., July 16 - Furmanite Corp. expects to borrow $18 million on its existing revolving credit facility to help fund its acquisition of some ENGlobal Corp. assets, according to an 8-K filing with the Securities and Exchange Commission.

Furmanite is a Houston-based specialty industrial services company.

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