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MVC Capital Announces Investment in Dakota Growers Pasta Company, Inc.

Publication: Business Wire
Publication Date: 02-AUG-04
Format: Online - approximately 507 words
Delivery: Immediate Online Access

Article Excerpt
PURCHASE, N.Y. -- MVC Capital (NYSE:MVC) today announced that the Fund has provided $5,000,000 in equity financing to Dakota Growers Pasta Company, Inc. A U.S. company located in Carrington, North Dakota, Dakota Growers is the third largest manufacturer of dry pasta in North America and a market leader in private label sales.

Dakota Growers and its partners in DNA Dreamfields Company, LLC recently introduced a revolutionary process that significantly reduces the number of digestible carbohydrates...

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