Liquidmetal® to Purchase New Manufacturing Facility
RANCHO SANTA MARGARITA, Calif.--(BUSINESS WIRE)--Jan. 24, 2017--
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/
Source: Liquidmetal Technologies, Inc.
Liquidmetal Technologies, Inc.
Otis Buchanan
Media Relations
949-635-2120
otis.buchanan@liquidmetal.com
