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EDAC Technologies Acquires Manufacturing Facility Located In Cheshire From United Technologies Corporation
EDAC Technologies announced that it has revised its facility relocation plan and has purchased a 293,000 square foot manufacturing facility located in Cheshire, Conn. from United Technologies Corporation. EDAC will consolidate all of its Connecticut operations into the new location. The purchase price for the Cheshire facility is $8.2 million. The purchase of the Cheshire property was financed by a mortgage loan with TD Bank N.A. on the property.
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