Anchor Glass Container Corporation Completes Sale of Closed Dayville, CT Facility for Net Proceeds of $5.5 Million

Anchor Glass Container Corporation (NASDAQ:AGCC) today announced it has completed the sale of its closed Dayville, CT facility to Dayville Property Development LLC, a real estate development company.

The company has received net proceeds from the sale of $5.5 million in cash.

The 985,000 square foot Dayville facility produced glass containers and was closed by the company in April 1997 as part of a cost reduction program.

600450 Anchor Glass Container Corporation Completes Sale of Closed Dayville, CT Facility for Net Proceeds of $5.5 Million glassonweb.com
Date: 1 April 2005
Source: Businesswire.com

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