XML 31 R22.htm IDEA: XBRL DOCUMENT v3.20.2
Divestiture
6 Months Ended
Jun. 27, 2020
Divestiture  
Note O - Divestiture

Note O - Divestiture

 

In June 2020, the Company completed the divestiture of its subsidiary, Canadian Commercial Vehicles Corporation to 1252256 B.C. LTD. for $1.3 million in a promissory note.  Under the terms of the agreement, 1252256 B.C. LTD. acquired the stock of our manufacturing facility in Kelowna, British Columbia at book value.