NPT - 60611

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    Plaintree Completes Sale of the Assets of Its Discontinued Madawaska Doors Business

    Today, Plaintree Systems Inc. announced that the company, through its wholly owned subsidiary 9366920 Canada Inc., recently completed the sale of the assets of its former Madawaska Doors business for a purchase price of $300,000. The Company ceased operating Madawaska Doors at the end of December 2018. The purchase price was paid in cash on closing and the assets sold included most of the inventory, equipment and facilities previously used to operate Madawaska Doors.

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