The business insight of Shefsky & Froelich attorneys enabled a start-up manufacturer to develop a new raw material resource, identify an unmet market need, and rescue a financing plan with a creative business deal. With this comprehensive help, our client constructed an unsurpassed modern brick-production plant. We funded a soil analysis showing that a Marseilles, Illinois landfill could provide 20 years of quality brick material, and then confirmed tremendous market potential for in-state brick production. Our lawyers initially structured debt/equity financing for the plant, but when the equity funding fell through we convinced a leading national distributor to buy 50% of the planned brick output for three years.
The result: our client secured $14.5 million in new financing and built a successful automated facility.
Our clients graciously granted us permission to use their names in these actual case studies.