Dorel Industries Announces Sale of its Tiffin, Ohio Facility
- Dorel Industries Inc. sold its Tiffin, Ohio facility for about US$12.5 million in net proceeds.
- The sale is part of Dorel Home's restructuring and aims to strengthen the company's balance sheet.
- Proceeds from the sale will be used to reduce existing debt.
- Martin Schwartz stated that the sale enhances financial flexibility and supports efforts to improve the company's capital structure.
11 Articles
11 Articles
The Toronto Star
Dorel Industries Announces Sale of its Tiffin, Ohio Facility
MONTRÉAL, Aug. 13, 2026 (GLOBE NEWSWIRE) -- Dorel Industries Inc. (TSX: DII.B, DII.A) today announced the sale of its facility located in Tiffin, Ohio, for net proceeds of approximately US$12.5 million.
Dorel announces sale of former Tiffin, Ohio, manufacturing facility
MONTRÉAL — Dorel Industries Inc. has sold its former manufacturing facility located in Tiffin, Ohio, for an estimated $12.5 million. The company announced in July 2024 that it was closing the facility, a move that impacted about 130 workers. In a statement issued Thursday, the company did not identify who purchased the facility. The statement described the sale as “another important milestone in the restructuring of Dorel Home and the company’s …
Dorel Industries sells Tiffin, Ohio facility
Dorel Industries sells Tiffin, Ohio facility August 13, 2026 | 6:49 pm CDT Canadian News Furniture Dorel Industries sells Tiffin, Ohio facility By Larry Adams August 13, 2026 | 6:49 pm CDT Print MONTRÉAL — Dorel Industries Inc. sold its facility located in Tiffin, Ohio, for net proceeds of approximately $12.5 million (U.S.).This transaction represents "another important milestone" in the restructuring of Dorel Home and the Company’s ongoing…
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