The dixie group reports the completion of the sale and leaseback of its facility in adairsville, ga

Dalton, ga / accesswire / december 15, 2023 / the dixie group, inc. (nasdaq:dxyn) reported the sale of its facility in adairsville, georgia, and approximately 17 acres of surrounding property to adairsville, ga, llc, an affiliate of cannon commercial, inc., for a sale price of approximately $16.3 million. the sale resulted in a gain of over $8 million and a reduction of the company's existing debt of approximately $16 million.
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