Investor Relations| P&F Industries Completes Sale of Tampa Real Property
Joseph A. Molino, Jr.
Chief Operating Officer
P&F Industries Completes Sale of Tampa Real Property
The Company intends to use the funds received in this transaction to pay down its revolving credit facility, to place $400,000 into the escrow relating to the sale of Nationwide pursuant to the agreements relating to the Nationwide sale, and for other general corporate purposes.
About P&F Industries, Inc.
P&F Industries, Inc., through its wholly owned subsidiaries, is a manufacturer and importer of air-powered tools and accessories sold principally to the retail, industrial and automotive markets. P&F's products are sold under its own trade names, as well as under the private labels of major manufacturers and retailers.
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