PRESS RELEASE
Issued by: Green Charter 2022
Great Rock Capital, an asset-focused commercial finance company specializing in middle market lending, today announced that they have provided $75 million in total capital to three NWI affiliates. The NWI companies deliver high precision complex machined components, sub-assemblies, and complete major assemblies of aviation components, along with components for some industrial companies across the globe. The credit facilities, which include two revolving lines of credit and a term loan, will provide flexible growth capital for sister companies, NWI Nashville, Utica Realty Nashville, and NWI Wichita – all portfolio companies of The Stony Point Group.
"The NWI companies are mission-critical suppliers to the aerospace industry," said Stuart Armstrong, CEO of Great Rock Capital. "Their industry-leading manufacturing expertise, superior leadership, and ongoing support from their owners will drive the continued success of their businesses."
"We have established a strong partnership with Great Rock over recent years, beginning with a working capital facility for NWI Nashville," commented Bernie Stanek, CEO of Stony Point Group. "They understand the growth potential and liquidity needs of the NWI companies, and they have demonstrated a positive and practical approach to both closing and managing their credit facilities. I look forward to expanding our relationship as we work together to support the future growth objectives of NWI Nashville, NWI Wichita, and Utica Realty Nashville."
| Contact details from our directory: | |
| NWI Nashville | Honeycomb Core Composites, Fuel Tanks & Systems, Wings, Deburring, Composite Structures, Autoclaves, Shot Peening |
| NWI Wichita (was Triumph Aerospace Structures - Wichita) | Machining Services, Turning, Fabricating Services, Waterjet Services, Milling, Wing Spars, Wings |
| Related directory sectors: |
| Manufacturing Services |
Weekly news by email:
See the latest Bulletin, and sign up free‑of‑charge for future editions.
Textron adds avionics and ignition upgrades across Cessna piston range
Elysian pushes electric E9X towards detailed design
Regent Seaglider autonomous drone completes first near-water test flight