{"id":809864,"date":"2022-07-26T19:08:10","date_gmt":"2022-07-26T17:08:10","guid":{"rendered":"https:\/\/15.161.165.86\/non-categorizzato\/advantage-capital-invests-7-5-million-in-fiat-products-securing-jobs-in-somerset\/"},"modified":"2022-07-26T19:08:10","modified_gmt":"2022-07-26T17:08:10","slug":"advantage-capital-invests-7-5-million-in-fiat-products-securing-jobs-in-somerset","status":"publish","type":"post","link":"https:\/\/bebeez.it\/en\/private-capital-in-north-america\/advantage-capital-invests-7-5-million-in-fiat-products-securing-jobs-in-somerset\/","title":{"rendered":"Advantage Capital Invests $7.5 Million in FIAT Products, Securing Jobs in Somerset"},"content":{"rendered":"A recent investment in connection with the Kentucky New Markets Development Program will help FIAT Products stay in Somerset, transition to American-owned company.\n\nSOMERSET, Ky.--(BUSINESS WIRE)--Advantage Capital, a venture capital firm, small business lender, and impact investor, announced today a $7.5 million investment in FIAT Products to finance an acquisition that will transition the company to an American-owned business, allowing it to expand in Somerset through product and job growth as well as community involvement. The company expects to bring at least 63 local positions to the area in the next three years.\n\n\nFIAT, a manufacturer of terrazzo mop basins, shower floors, and laundry tubs currently occupies a 268,000 sq. ft. facility<div class=\"leaky_paywall_message_wrap\"><div id=\"leaky_paywall_message\"><a href=\"https:\/\/bebeez.it\/abbonati\/\">Abbonati<\/a> o <a href=\"https:\/\/bebeez.it\/mio-account\/\">Accedi<\/a> per leggere il resto di questo contenuto.<\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>A recent investment in connection with the Kentucky New Markets Development Program will help FIAT Products stay in Somerset, transition to American-owned company. SOMERSET, Ky.&#8211;(BUSINESS WIRE)&#8211;Advantage Capital, a venture capital firm, small business lender, and impact investor, announced today a $7.5 million investment in FIAT Products to finance an acquisition that will transition the company [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[49625],"tags":[],"settori":[],"slider_categorie_and_home_page":[],"class_list":["post-809864","post","type-post","status-publish","format-standard","hentry","category-private-capital-in-north-america"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Advantage Capital Invests $7.5 Million in FIAT Products, Securing Jobs in Somerset - BeBeez<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bebeez.it\/en\/private-capital-in-north-america\/advantage-capital-invests-7-5-million-in-fiat-products-securing-jobs-in-somerset\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Advantage Capital Invests $7.5 Million in FIAT Products, Securing Jobs in Somerset - BeBeez\" \/>\n<meta property=\"og:description\" content=\"A recent investment in connection with the Kentucky New Markets Development Program will help FIAT Products stay in Somerset, transition to American-owned company. 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