PROVIDENCE – Bank Rhode Island has provided a $3 million financing package to Quick Fitting Inc. to expand its business and launch a new product line, according to a press release from the bank.
Quick Fitting is a manufacturer and supplier of repairable quick-connection technology for plumbing and heating applications.
“Quick Fitting, Inc.’s cutting-edge technology and successful business model have enabled them to become a leader in its field,” said BankRI President Mark Meiklejohn. “
Quick Fitting recently relocated from East Providence to a 100,000-square-foot facility in Warwick to accommodate growth. The company also has offices and warehouse space in Littleton, Mass.
“We have been so very impressed with the commitment, clarity, service, technology and support the BankRI team has delivered as our financial partner,” said Quick Fitting President David Crompton. “It is comforting to know we have a strong financial partner by our side as we fuel our hyper-growth and the future development of advanced push-fit plumbing technologies.”
Join PBN for the best networking event and party of the winter - January 15, 2015 - the Book of Lists Party at the Providence Public Library. Reserve your spot by December 31st and get a holiday gift from PBN!
PBN's annual Book of Lists has been an essential resource for the local business community for almost 30 years. The Book of Lists features a wealth of company rankings from a variety of fields and industries, including banking, health care, real estate, law, hospitality, education, not-for-profits, technology and many more.