Cohu Sells Littleton, Massachusetts Facility.POWAY, Calif. -- Cohu, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :COHU) today announced it sold the land and building previously used by its Delta Design subsidiary's operations in Littleton, Massachusetts Littleton is a town in Middlesex County, Massachusetts, United States. The population was 8,184 at the 2000 census. For geographic and demographic information on the neighborhood of Littleton Common, please see the article Littleton Common, Massachusetts. . The majority of these operations were consolidated into Delta Design's facility in Poway, California Poway is a city in San Diego County, California, United States. As of the latest 2000 census the city had a population of 48,044 (see Demographics section below). The ZIP code is 92064. in 2003 and 2004. The property was sold for $6.5 million in cash, less related costs, resulting in a net pretax pre·tax adj. Existing before tax deductions: pretax income. pretax adj [profit] → vor (Abzug der) Steuern gain of approximately $3.0 million, that will be recorded in Cohu's second fiscal quarter of 2006. About Delta Design, Inc., a Cohu Company Delta Design, a subsidiary of Cohu, Inc., in Poway, California, is a leader in the design, development, manufacture and sale of semiconductor test handling equipment. Cohu is also a supplier of closed circuit television, metal detection and microwave communications equipment. For press releases and other information of interest to investors, please visit Cohu's website at www.cohu.com. |
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