Escalade Closes Sale of Mexico Facility and Related Assets

Core Viewpoint - Escalade, Inc. has completed the sale of its facility in Rosarito, Mexico, consolidating operations into other North American facilities to optimize its operational footprint and improve efficiency [1][2]. Group 1: Company Actions - The sale of the Rosarito facility is part of Escalade's strategy to enhance asset utilization and drive organizational efficiency [2]. - Proceeds from the sale will be allocated to reduce the company's higher cost variable rate debt [2]. Group 2: Company Background - Escalade, Inc. was founded in 1922 and is headquartered in Evansville, Indiana, specializing in the design, manufacture, and sale of sporting goods and recreational equipment [3]. - The company’s product portfolio includes well-known brands such as Bear® Archery, STIGA®, and RAVE Sports®, available through online platforms and major retailers [3].