Emcore announces sale and leaseback of tinley park, il facility

Alhambra, ca, dec. 15, 2022 (globe newswire) -- emcore corporation (nasdaq: emkr), a leading provider of advanced mixed-signal products that serve the aerospace & defense, communications, and sensing markets, announced today that pursuant to a purchase and sale agreement entered into on november 1, 2022, it has completed the sale and leaseback of its tinley park, il facility, generating $10.3 million in net cash proceeds.
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