Huttig Building Products entered into an agreement to add Bank of America and JPMorgan Chase Bank to its $160 million senior secured credit facility, along with existing lender Wells Fargo Capital Finance, which recently acquired GE Capital.

Huttig President and CEO Jon Vrabely said, “GECC and Wells Fargo have been valued partners of Huttig for many years, and I am very appreciative of their support of our organization. As a result of the recent GECC acquisition, Wells Fargo will assume the lead position of our Credit Facility. I am pleased to announce that Bank of America and JPMorgan Chase have agreed to partner with Huttig and Wells Fargo as co-lenders under the terms of our existing credit facility. I believe that being partnered with Wells Fargo, Bank of America and JP Morgan Chase enhances our ability to continue to execute our growth strategy in 2016 and beyond.”

The credit facility has a borrowing capacity of $160 million and an uncommitted $40 million accordion feature, subject to certain conditions. No changes have been made to the actual terms of the credit facility, which matures on May 28, 2019, with the same interest rate terms.

Huttig is one of the largest domestic distributors of millwork, building materials and wood products used principally in new residential construction and in-home improvement, remodeling and repair work.