Tornado Global Hydrovacs Purchases New Production Facility

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Feb 03, 2020
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CALGARY, Alberta, Feb. 03, 2020 (GLOBE NEWSWIRE) -- With reference to its prior news release dated December 17, 2019, Tornado Global Hydrovacs Ltd. (“Tornado” or the “Company”) (TGH: TSX-V) is pleased to announce that it has closed the purchase of an approximately 63,500 square foot facility built on approximately 17 acres of land located in Red Deer, Alberta (the “New Facility”) for $6.5 million (the “Purchase Price”) from an arm’s length third party vendor (the “Vendor”).