Midwest Folding Products, Inc. secures recapitalization financing from Merit to enhance its position as a leading manufacturer of institutional furniture in a growing market.

Information on the Target

Midwest Folding Products, Inc. ("Midwest"), based in Chicago, stands out as a prominent manufacturer of institutional furniture. With a key focus on delivering high-quality products, Midwest caters primarily to the educational and hospitality sectors. The company specializes in two main product lines: mobile tables and folding tables, which account for the majority of its sales.

Midwest's extensive product offerings are primarily aimed at schools, hotels, and various institutions seeking durable and functional furniture solutions. By successfully meeting the needs of these sectors, Midwest has solidified its position as a trusted provider in the market.

Industry Overview in the Target’s Specific Country

The institutional furniture industry in the United States is witnessing steady growth, driven by heightened demand from educational institutions and the hospitality sector. As schools continue to invest in moderni