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Dynatronics Corporation Announces Closing of Transaction to Sell Tennessee Facility ACCESSWIRE 18 May 2021, 00:43 GMT+10 EAGAN, MN / ACCESSWIRE / May 17, 2021 / Dynatronics Corporation (NASDAQ:DYNT), a leading manufacturer of athletic training, physical therapy, and rehabilitation products, announced today that it has closed on its purchase and sale agreement with Maple Leaf Realco VII, LLC for a purchase price of $1.75 million USD, effective May 13, 2021. Net proceeds to Dynatronics for the sale are approximately $1.65 million. As previously announced, the company closed its facility consisting of 54,000 square feet of manufacturing space in Ooltewah, Tennessee in the second quarter of fiscal year 2021 as part of consolidation and cost reduction initiatives. Products formerly manufactured in Tennessee are now being produced in the company s New Jersey and Minnesota locations. ....
Dynatronics Corporation Enters Into Purchase and Sale Agreement for Former Tennessee Site EAGAN, MN / ACCESSWIRE / April 6, 2021 / Dynatronics Corporation (NASDAQ:DYNT), a leading manufacturer of athletic training, physical therapy, and rehabilitation products, announced today the company entered into a purchase and sale agreement ( Agreement ) with Maple Leaf Realco II, LLC for the sale of the company s former manufacturing facility in Tennessee. The Agreement is for the sale of a 3.4 acre site with a 54,000 sq. ft. building consisting of manufacturing and office space in Ooltewah, Tennessee for a purchase price of $1.75 million USD. Completion of the sale is anticipated before the company s fiscal year end on June 30, 2021. Net proceeds for the sale are estimated to be approximately $1.63 million. ....
Dynatronics (DYNT) Enters Into Purchase and Sale Agreement for Former Tennessee Site streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
Dynatronics Corporation Enters Into Purchase and Sale Agreement for Former Tennessee Site theusnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theusnews.com Daily Mail and Mail on Sunday newspapers.