June 11, 2009 (FinancialWire) — Flow International Corp. (NASDAQ: FLOW) has closed a $40 million, two-year revolving senior secured credit facility. The new facility replaces the company’s previous senior secured credit facility.

The company said that the new facilty and provides terms that will give it greater flexibility during the economic slowdown.

Kent, Washington-based Flow International is a developer and manufacturer of ultrahigh-pressure waterjet technology for cutting and cleaning.

Flow provides ultrahigh-pressure technology to various industries including automotive, aerospace, job shop, surface preparation, food and others.

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