PINNACLE MAKES 20

Pinnacle Products Group became the twentieth investment made by NCIC CapitalFund when we closed a $200,000 loan in July. Pinnacle, a Moraine, Ohio company, produces products that utilize a plastic or rubber backing that is fused to a specialized film. Four-color graphics can then be applied to this substrate. The final product is then utilized as a high quality, indoor or outdoor advertisement.

The NCIC CapitalFund investment was critical in attracting the balance of the required funding. NCIC CapitalFund partnered with National City Bank in assembling the total finance package.

Pinnacle has been successful in developing relationships that will enable them to avoid certain additional capital expenditures while still maintaining the necessary capacity and technology rights to meet the demand of such high visibility companies as Coke and Pepsi.

Pinnacle has licensed the film technology from PPG while developing its own inks and coatings. Envirotech Extrusion, Inc., a Richmond, Indiana company, produces the inexpensive rubber substrate.

The Pinnacle management team is excited about their opportunity. Their technology offers a higher quality and longer lasting product to advertisers, worldwide. The process works, the technology is proven, now it’s up to them to get out there and sell.