Daily News: February 21, 2013

PNC Increases Hudson Technologies Facility to $40MM

Hudson Technologies announced that it amended its secured revolving credit facility with PNC Bank to increase the maximum loan amount available under the facility to $40 million from $27 million.

Kevin J. Zugibe, chairman and chief executive officer of Hudson Technologies commented, “We are pleased with the enhanced financial flexibility that the increased borrowing availability under the facility provides Hudson as we continue to pursue our growth objectives, and we appreciate PNC’s ongoing support.”

Hudson Technologies is a provider of solutions to recurring problems within the refrigeration industry.