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Tool Firms Seek Aid From U.S. Loan Plan.
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- Author(s): Maher, Kris
- Source:
Wall Street Journal - Eastern Edition. 3/20/2010, Vol. 255 Issue 65, pA1-A2. 2p. 1 Black and White Photograph.
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- Additional Information
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- Abstract:
The article reports that metal-stampers and manufacturers of tool-and-die equipment in the U.S. will seek a $30 billion loan-guarantee program from the U.S. government, funded from the government's Troubled Asset Relief Program. Tooling and machining firms have significant up-front costs, but frequently must wait months to get paid by customers.
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