AmeriChip International, Inc (ACII.OB) to Finance Growth with $125 Million Line of Credit
AmeriChip International, Inc (ACII.OB) announced that the company is prepared to generate financial growth after the company has been extended a capital line of credit worth $125 million. This $125 million lease is furnished by Tip Capital. AmeriChip is a leader in creating, leading and driving a new worldwide market using a patented Laser Assisted Chip Control process for dry machining. Marc Walther, CEO, stated, "This $125 capital line positions AmeriChip to begin to satisfy the huge need our blue chip customers have to reduce costs and increase output, by re-engineering their manufacturing process with help from ACII." Walther added,…