Replies to post #78312 on Cartel Blue Inc (CRTL)

[powderless]

Odd isnt it...

[torywhite2002]

Why buy their own facility?

1. It becomes an asset, which goes on the balance sheet;
2. It sits on a large tract where they can grow;
3. They can add square footage as and when needed;
4. It adds shareholder value;
5. Rent payments are set to cover the landlord's cost, plus a profit -- which doesn't benefit RVGD. Rents can be raised. Owning fixes costs for the most part.

[ThinkpadX200s]

Two reasons I recall from when they Purchased the Building

The lease payment was HIGH

They are in Indiana it gets cold in the winter,the heating was expensive and Ineficient.

[fordgonracn]

Old building Leased,Non-energy efficent(10k a month to heat,i believe was the info i read). New building OWNED,energy efficent,Built to specs,room for expansion.