LaCrosse sells New Hampshire facility - ends PVC line
17 Dec '05
1 min read
Leading developer & dealer of branded, premium and innovative footwear LaCrosse Footwear Inc announced that it completed the sale of its facility in Claremont, New Hampshire for $685,000 in cash. The net proceeds from the sale are expected to approximate the net book value of the property.
The facility was the former manufacturing and distribution center for LaCrosse Footwear's discontinued PVC boot line. With the sale of the facility, the Company has eliminated all properties and assets once associated with its PVC line.
Oregon based LaCrosse Footwear is a leading developer and marketer of branded, premium and innovative footwear for expert work and outdoor users. The Company's trusted Danner and LaCrosse brands are distributed domestically through a nationwide network of specialty retailers and distributors, and internationally through distributors in Asia and Europe.
Company is also designing and manufacturing footwear and apparel for men, women and children in the sporting, recreational and occupational markets.