Ad
Ad
Ad
Ad
Electronics Production | November 01, 2017

Global Power closes sale of facility in Mexico

Global Power Equipment Group has completed the sale of its facility in Mexico and the auction of the remaining production equipment and other assets for anticipated net proceeds of approximately USD 3.5 million.
Approximately USD 1.5 million of the net proceeds from the sale of the facility and equipment will be used to reduce debt and the remainder will be used to fund working capital requirements.

Global Power is a design, engineering and manufacturing firm providing equipment and services to the global energy and industrial markets.

Comments

Please note the following: Critical comments are allowed and even encouraged. Discussions are welcome. Verbal abuse, insults and racist / homophobic remarks are not. Such comments will be removed.
Further details can be found here.
Load more news
April 17 2018 7:38 pm V9.3.2-2