With the help of a $120,100 Small Business Administration Community Advantage Loan from Finance Fund Capital Corporation (FCAP), Apex Sports has “reshored” its operations from China to rural Zanesville, Ohio, becoming the only softball manufacturer based in the U.S.
Apex owner William Wilson turned to FCAP, an Ohio CDFI focused on small business lending in low-income and distressed communities, for financing to buy machinery and equipment after traditional bank lenders turned him down.
Now his patented, premium-quality, hand-stitched softballs are “Made in the USA” by six full-time and 20 part-time employees in an area that has an 8.3 percent unemployment rate and a 22 percent poverty rate. With new manufacturing techniques, including a patented poly core for maximum flight performance, Apex claims to manufacture "The Best Damn Ball. Period."
“One by one, small businesses like APEX are turning the tide and making their way back to America providing great jobs and making great products,” says FCAP President Diana Turoff. “They are delivering on the pride and quality promise of ‘Made in the USA’.”