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Subsequent Events
6 Months Ended
Jun. 27, 2020
Subsequent Events  
Note P - Subsequent Events

Note P - Subsequent Events

 

Except as provided below, the Company evaluated its June 27, 2020 unaudited condensed consolidated financial statements for subsequent events through the date the financial statements were issued, and has determined that it does not have any material subsequent events to disclose in these financial statements.

 

In July 2020, the Company signed an Asset Purchase Agreement to acquire the assets of and assume the liabilities of Hallink RSB Inc. for approximately $7.0 million in cash.  The closing is scheduled to take place in or around August 2020.  Hallink RSB Inc. is a manufacturer of PET blow mold tooling operating from its manufacturing facility in Ontario, Canada.