Westport, CT, September 19, 2006--IWT Tesoro Corp., said it has entered into an agreement with Bank of America to increase the company's credit line to $26.5 million.
Tesoro's CEO, Henry J. Boucher, said, "Bank of America has been a strong financial partner of IWT Tesoro for the last three years, and we are pleased to have their ongoing financial support as the company continues to manage its double digit growth."
IWT Tesoro is a publicly traded tile distributors that is wholesale-driven.
