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Gladstone Capital (GLAD) Makes $14M Investment in Ag Trucking

December 26, 2012 4:31 PM EST Send to a Friend
Gladstone Capital Corporation (Nasdaq: GLAD) announced that on December 24, 2012 it invested $14 million through a combination of debt and equity in Ag Trucking, Inc. The investment in Ag Trucking was sponsored by 3.5.7.11 Investments.

Ag Trucking, led by CEO Tim Boehlke, is a regional food-grade liquid and dry bulk carrier based in Goshen, Indiana. The company was founded in 1978. Ag Trucking serves large international agricultural and food manufacturing firms out of its five terminals in the Midwest and Southeastern United States. Ag Trucking's services are critical to their customers' ability to maintain tight production schedules.




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