Astro-Med sells its facility

September 28, 2006 11:15 AM E-mail| |Comments ()| Text size +

A Rhode Island company that makes medical instruments and printing equipment, is selling its Braintree facility to developers for $6.1 million in cash.

Astro-Med Inc. of West Warwick said it sold the 24.7-acre property to a group called Hanover R.S. Limited Partnership and plans to move its manufacturing operation to a new location in Rockland by the end of October. The company gave no details on Hanover's plans for the property.
(By Keith Reed, Globe staff)

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