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Edac assets tied up in buyout of ex-Pratt Cheshire plant

Farmington aeroparts maker Edac Technologies Corp. pledged virtually everything it owns as collateral to persuade TD Bank to finance Edac's $8.2 million cash purchase of its new Cheshire manufacturing home, a regulatory filing shows.
Edac announced Monday it was scrapping a previous plan to move headquarters and consolidating much of its manufacturing to Plainville, instead buying Pratt & Whitney's former production plant at 500 Knotter Drive ...

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