Success Stories
Tony Pallet, Inc.
 Tony Pallet, Inc. was looking to purchase new equipment to help spur the company’s expansion. Tony Pallet, Inc., which specializes in the manufacturing and repair of wooden pallets for domestic and international companies, obtained low-interest financing from one of our partner banks and was backed by a partial EDA guarantee.
This assistance supported the company’s acquisition of a new wood grinder to help reduce the cost of scrap wood disposal.
“Working with the EDA was a very smooth process. I couldn’t have been more satisfied,” said owner Vera Russo. “The grinder we purchased was a big help to our growth as well as to the environment, by allowing us to recycle wood. So I would definitely do business with the EDA again.”
The family-run business, now in its 28th year, currently has 27 employees and plans to add 10 more in the next two years, with EDA assistance.
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