ParkOhio Announces Extension of Credit Agreement
Park-Ohio Holdings Corp. (NASDAQ: PKOH) today announced that it has amended and restated its existing revolving credit facility.
- Park-Ohio Holdings Corp. (NASDAQ: PKOH) today announced that it has amended and restated its existing revolving credit facility.
- ParkOhio is a diversified international company providing world-class customers with a supply chain management outsourcing service, capital equipment used on their production lines, and manufactured components used to assemble their products.
- Headquartered in Cleveland, Ohio, ParkOhio operates more than 130 manufacturing sites and supply chain logistics facilities worldwide, through three reportable segments: Supply Technologies, Assembly Components and Engineered Products.
- The following table reconciles net cash provided by operating activities to free cash flow:
Forecast --Year Ending December 31, 2023