September 2, 2009 (FinancialWire) — Flow International Corp. (NASDAQ: FLOW) plans to offer up to nine million shares of common stock through Roth Capital Partners, LLC.

The company plans to use the net proceeds for the repayment of debt under its credit facility and for general corporate purposes.

Kent, Washington-based Flow International is a developer and manufacturer of industrial waterjet machines for cutting and cleaning applications. The company serves industries including automotive, aerospace, job shop, surface preparation, and others.

FinancialWire(tm) is a fully independent, proprietary news wire service. FinancialWire(tm) is not a press release service, and receives no compensation for its news, opinions or distributions. Further disclosure is at the FinancialWire(tm) web site (http://www.financialwire.net/disclosures.php). Contact FinancialWire(tm) directly via inquiries@financialwire.net.

Free annual reports for companies mentioned in the news are available through the Free Annual Reports Service (http://investrend.ar.wilink.com/?level=279).

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.