Cemtrex Acquires Two Properties in Industrial Segment
12 February 2020 - 1:15AM
Cemtrex Inc. (Nasdaq: CETX), a leading multi-industry technology
company that is driving innovation in a wide range of consumer and
commercial sectors, announced today that it has acquired two
properties it had been leasing for its industrial segment business
located in the York, PA area.
The two facilities are 48,000 sq ft and 25,000 sq ft and used
for office, manufacturing, and warehousing needs. The two
properties were acquired using cash on hand with financing from one
of the Company’s existing commercial lenders.
About Cemtrex
Cemtrex, Inc. (NASDAQ; CETX) is a diversified technology company
that is driving innovation in a wide range of sectors, including
smart technology, virtual and augmented realities, advanced
electronic systems, industrial solutions, and intelligent security
systems. www.cemtrex.com
About Cemtrex
Safe Harbor Statement This press release
contains "forward-looking statements" within the meaning of the
Private Securities Litigation Reform Act of 1995, including
statements relating to our new product offerings or any proposed
fundraising activities. These forward-looking statements are
based on management's current expectations and are subject to
certain risks and uncertainties that could cause actual results to
differ materially from those set forth in or implied by such
forward looking statements. Statements made herein are as of
the date of this press release and should not be relied upon as of
any subsequent date. These risks and uncertainties are discussed
under the heading "Risk Factors" contained in our Form 10-K filed
with the Securities and Exchange Commission. All information
in this press release is as of the date of the release and we
undertake no duty to update this information unless required by
law.
For further information, please contact:
Investor Relations
Cemtrex, Inc.
Phone: 631-756-9116
investors@cemtrex.com
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