Welded Construction – Court Approves $10 million Interim DIP Financing from North American Pipeline Equipment Company

October 23, 2018 – The Court hearing the Welded Construction case issued an interim order approving the Debtors’ request for a debtor-in-possession (“DIP”) financing facility [Docket No. 44] from lender North American Pipeline Equipment Company. The DIP facility provides for $10 million of borrowings on an interim basis and $20 million on a final basis. …