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UMD Development Receives Line of Credit
Phoenix, Arizona-based UMD Development, a provider of electronic test products, has received a $1.5M workign capital line of credit from Silicon Valley Bank, guaranteed by Ex-Im Bank. Export-Import Bank of the United States said that UMD will use the line of credit to sell test sockets in European and Asian markets. UMD employs 125 in Phoenix.
posted on Monday, January 23, 2006
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