Citation
(2009), "X-Rite completes sale of former headquarters", Pigment & Resin Technology, Vol. 38 No. 3. https://doi.org/10.1108/prt.2009.12938cab.008
Publisher
:Emerald Group Publishing Limited
Copyright © 2009, Emerald Group Publishing Limited
X-Rite completes sale of former headquarters
Article Type: Industry news From: Pigment & Resin Technology, Volume 38, Issue 3
X-Rite, Inc. has completed the sale of its former headquarters and manufacturing facility located in Grandville, MI, USA to CWD Capital, L.L.C. for a purchase price of $7,225,000. X-Rite said it will use the net proceeds from the sale to retire the $5.2 million mortgage on the property and pay down first lien debt by $1.7 million.