Client Story
Supporting Foam Industries Through a Growth Spurt
With help from BankCherokee, this family-run packaging business expanded their space, acquired a new company, and unlocked a whole new chapter of growth.
How it Came to Be
When Christine Nelson, CEO of Foam Industries, wanted to grow her Rogers, Minnesota-based packaging business, she turned to the financial partner she knew she could trust: BankCherokee. “We decided to add an expansion onto our building, and so we talked to BankCherokee,” Christine shared. “They were able to help us with the financial end, and we were able to put on a 20,000-square-foot addition to the building we already have.”
But the story didn’t end there. Just four months later, Christine had the unexpected opportunity to acquire another business. It was an ambitious move she wasn’t sure would be possible so soon after a major expansion. Still, she reached out to BankCherokee. “I said, ‘That’s not going to work. The bank will never give us more money.’ But we tried anyway. And they did. They were able to give us the financing we needed to make the acquisition—and that has helped us grow immensely and fill up our new space.”
At BankCherokee, we’re proud to support businesses like Foam Industries—companies built on hard work, strong values, and a commitment to their people.
The Foam Industries Story
How BankCherokee Helped Foam Industries Grow, One Bold Move at a Time
A True Partnership
“We enjoy working with Bank Cherokee because they offer small businesses like us great services. They have a great staff that can be reached by telephone, by email, by text, and they know exactly what they’re doing. They were very successful in helping us be successful!”
Christine Nelson
CEO of Foam Industries
