Commercial Vehicle Group, Inc. (NASDAQ:CVGI) Files An 8-K Completion of Acquisition or Disposition of AssetsItem 2.01 Completion of Acquisition or Dispostion of Assets.
On October 31, 2017, Commercial Vehicle Group, Inc.’s wholly owned subsidiary, Mayflower Vehicle Systems, LLC ("Mayflower") consummated the previously announced sale of its Shadyside, Ohio property to Warren Distribution, Inc. for $2.5 million, to the terms of the Contract for Purchase and Sale of Real Property (the "Purchase Agreement"), dated July 24, 2017, between Mayflower and Warren Distribution, Inc. A copy of the Purchase Agreement will be filed as an exhibit to the Company’s Quarterly Report on Form 10-Q for the fiscal quarter ending September 30, 2017.
Item 8.01 Other Events.
The disclosure set forth under Item 2.01 above, is, to the extent required, hereby incorporated into this Item 8.01 by reference.
About Commercial Vehicle Group, Inc. (NASDAQ:CVGI)
Commercial Vehicle Group, Inc. is a supplier of a range of cab-related products and systems. The Company operates through two segments: the Global Truck and Bus Segment (GTB Segment) and the Global Construction and Agriculture Segment (GCA Segment). The GTB Segment manufactures and sells products, which include Seats, Trim, sleeper boxes, cab structures, structural components and body panels, and mirrors and wiper systems. The GCA Segment manufactures and sells the products, which include Electronic wire harness assemblies and Seats, Wiper systems, Office seating, and Aftermarket seats and components. It supplies products for the commercial vehicle market, including the medium-and heavy-duty truck market, the medium-and heavy-construction vehicle market, and the military, bus, agriculture, mining, industrial equipment and off-road recreational markets. It has manufacturing operations in the United States, Mexico, the United Kingdom, Czech Republic, Ukraine, China, India and Australia.
