SENCORP SIGNS NEW CREDIT FACILITY WITH TD BANKNORTH 
 

HYANNIS, Mass. (July 24, 2006): Sencorp, Inc., a Hyannis, Massachusetts based machinery manufacturer, announces the signing of a new credit facility with TD Banknorth, N.A.

The credit facility includes a term loan and line of credit that enables Sencorp to fund continuing operations as well as provide the financial resource for continued growth. “With a relationship extending back to Sencorp's incorporation, we are pleased Sencorp is able to consolidate our banking needs with TD Banknorth, N.A. TD Banknorth, N.A. provides Sencorp large bank features and the personal service and convenience of a local bank,” said Brian Urban, Sencorp's President and CEO.

Sencorp Inc. was formed in 2004 when Sencorp management and Management Capital of Providence, Rhode Island acquired the assets of DT Converting Technologies. Sencorp is a leading North American supplier of custom and semi-custom machinery primarily for the plastics packaging industry.