Investment Summary – Thomas Industrial Rolls, Inc.

On September 30, 2013, Grow Michigan, LLC (“GrowMI”) made a non-equity investment into Thomas Industrial Rolls, Inc. (“Thomas”), a Dearborn-based manufacturer of premium, light tolerance, non-woven mill rolls for forming companies, steel producers and aluminum processors. GrowMI’s investment into Thomas was made in collaboration with Comerica’s senior financing in support of The Talon Group’s acquisition of Thomas.

Founded in 1989 by the Thomas family to service metal formers, Thomas has established itself as the industry standard for product and service excellence by providing high-quality, non-woven mill rolls and covers, based on proprietary technology developed at Wayne State University.

Investment Summary – Thomas Industrial Rolls, Inc.