Liquidmetal® to Purchase New Manufacturing Facility
RANCHO SANTA MARGARITA, Calif.--(BUSINESS WIRE)-- Liquidmetal® Technologies, Inc. (OTCQB: LQMT) announced today that on January 18, 2017, Liquidmetal Technologies, Inc. (the “Company”) entered into an agreement for the purchase of an approximately 41,000-square-foot building located in Lake Forest, California for approximately $7.8M. The Company expects to close the property purchase on February 17, 2017.
“We are very excited about the purchase of our new corporate office and manufacturing facility. The new facility will allow us to expand our manufacturing capabilities in line with our overall strategy to prepare the Company to be the global leader in amorphous alloy production,” said Professor Lugee Li, Chairman and CEO at LQMT.
About Liquidmetal Technologies
Rancho Santa Margarita, California-based Liquidmetal Technologies, Inc. is the leading developer of bulk amorphous alloys. Amorphous alloys are unique materials that are distinguished by their ability to be injection molded and die cast into high performance applications for a broad range of markets. For more information, go to www.liquidmetal.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170124006494/en/
Liquidmetal Technologies, Inc.
Otis Buchanan
Media Relations
949-635-2120
[email protected]
Source: Liquidmetal Technologies, Inc.
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