NuAxiSemiconductor trade intelligence
CVD Equipment to sell and lease back premises for $28.5m
What happened
CVD Equipment Corp has agreed to sell and lease back its Central Islip facility for $28.5 million, a move aimed at improving its balance sheet and liquidity. This transaction is a financial restructuring by a niche equipment maker and does not indicate a change in its production capacity or market supply. Neutral: This is a company-specific financial event with no direct impact on component supply, demand, or pricing.
Impact and signal
Low impactImpact score: 10/100
Affected components and suppliers
CVD EquipmentSemiconductor Manufacturing Equipment
CVD Equipment Corp
sale-leasebackcapital-restructuring
Source and time
Source: Semiconductor Today · 9/29/2022 · View original source
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