Big Shoulders Capital Provides $800,000 in Funding to Help Beal Manufacturing

Big Shoulders Capital just provided $800,000 in funding to help Beal Manufacturing emerge out of bankruptcy. As a result of this reorganization, 49 jobs in Gastonia, NC will be saved. Beal is a specialty yarn and fiber manufacturer that has been serving the military, retail uniform, mattress and medical spaces since 1997. As part of the reorg, Beal is seeking to sell or lease 50,000 SF of their industrial space in Gastonia, NC. [Link to RE listing: https://lnkd.in/gEkF_qr]