Congratulations to the Foam Industries team for recently completing a 20,000 Square Foot building expansion at their Rogers, MN facility.

Roger Hamilton & our commercial team first met Chris, Scott and Jack Nelson of Foam Industries in 2017. BankCherokee had the opportunity in 2017 to propose on mortgage financing for Chris & Scott Nelson with Foam Industries poised to move & grow their business from rented space in Champlin to a building purchase in Rogers. Unfortunately, they decided to go with another bank, as they made the best offer.

Fast forward to 2022 when Foam was looking to further grow their business and improve shop efficiencies, Roger and BankCherokee were there to help! BankCherokee helped to close on a $2.1 million refinance and a $3.2 million construction loan for Foam Industries. Based on our competitive terms & personalized service, they decided to move their entire bank relationship to BankCherokee! BankLocal. BankBetter. BankCherokee.

Our BankCherokee team is excited to continue to support Foam Industries growth and success in the years to come!

Foam Industries has been Family-owned and operated since 2001. Foam packaging is a versatile and reliable solution for protecting fragile and delicate items. It offers superior cushioning and shock absorption, minimizing the risk of damage during transit. Their foam packaging solutions are specifically designed to meet the unique needs of various industries, including electronics, medical, automotive, manufacturing, and more. Whether you need foam inserts, custom-molded foam, or foam sheets, they have the right solution for you. They have continuously evolved to best serve their clients’ needs. However, through it all, one thing has always remained the same – they hire only the brightest and most talented people who bring the heart and passion to their company and clients.