Rutto Bats Grows in Holyoke

Rutto Bats specializes in the manufacturing of wooden baseball bats and owners Kip and Mindy are devoted to every step of the bat creation process. MassDevelopment was able to provide a $500,000 loan through the State Small Business Credit Initiative along with a companion $350,000 export guarantee. Combined with a $500,000 term loan from The Life Initiative, the proceeds were used to finance new equipment, consolidate current debt, and provide working capital to support the company’s expansion to a newly leased production facility in Holyoke.