Grant Agreement |
3 Months Ended |
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Sep. 30, 2018 | |
Grant Agreement | |
Grant Agreement |
Note 10. Grant Agreement
On July 24, 2018 the Company executed a grant agreement with the Town of Canandaigua, through the Community Development Block Grant. The purpose of the grant is to provide financing in support of the purchase and installation of new machinery and equipment at its fabrication facility in Canandaigua, New York (the “NY Facility”) made between June 27, 2017 and June 27, 2019. The grant is subject to certain terms and conditions and allows for disbursement of up to $734,000 in grants. As of September 30, 2018, the Company utilized $0 to support the purchase and installation of new machinery and equipment. |
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- References No definition available.
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- Definition The entire disclosure for grant agreement. No definition available.
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