April 26, 2006
TBF Graphics of Saginaw is receiving a $125,445 state loan to help it launch a pollution prevention project that will protect Michigan’s environment.
TBF Graphics will use the loan to buy a computer-to-plate imaging system that replaces its conventional printing equipment and will completely eliminate their use of film, proofing material, and developing chemicals in the pre-press department.
“Small businesses in Michigan are working hard to find ways to reduce their overall environmental impact,” said Department of Environmental Quality Director Steven E. Chester. “TBF Graphics' voluntary pollution prevention project provides a great benefit to our state, and our local communities.”
The DEQ and the company’s local lending institution, 1st State Bank, each contributed half of the loan proceeds.
“Receiving a low-interest loan from the P2 Loan Program has allowed us to move forward with an environmentally sound project that has been greatly needed,” said Greg Turner, owner of TBF Graphics. “What a great opportunity; this project will benefit the environment, our customers, and our bottom line.”
Businesses with fewer than 500 employees can apply for loans of up to $300,000 with a guaranteed interest rate of not more than 5 percent. The short application helps businesses describe how their projects will eliminate or reduce waste through source reduction, environmentally sound reuse, and/or recycling; including water and energy conservation projects.
Loans are available to all private business sectors including farming, manufacturing, retail, and service. For more information, contact the DEQ's Environmental Assistance Center at 800-662-9278, or by e-mail at deq-ead-env-assist@michigan.gov.
Editor’s note: DEQ news releases are available on the department’s Internet home page at www.michigan.gov/deq.
“Protecting Michigan’s Environment, Ensuring Michigan’s Future”
Revised April 26, 2006 by Pat Watson