BEAVERTON, OR – Merix Corp. has extended its borrowing capacity an additional $7.3 million after reaching a credit agreement with Industrial and Commercial Bank of China. 
 
The company has access to approximately $5.3 million, with the balance expected to be available within 90 days. Amounts drawn down are payable one year after the date of the first advance. 
 
The assets of Merix’s manufacturing plant in Huiyang, China, back the credit facility; the money can be used to fund working capital and other general purposes for its Asia operations.
 
Combined with its existing Bank of America credit line, Merix has approximately $50.8 million in available credit, with $8 million in outstanding borrowings.

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