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Vector Aeromotive Announces Purchase of New Facility

30 June 2000

Vector Aeromotive Announces Purchase of New Facility

    MIAMI - Representatives from Vector Aeromotive Corporation are pleased to announce the entry into a purchase agreeement for a new facility in the North Miami, Florida area, at a price of $2.9 million. The facility is approximately 65,000 total square feet, which includes approximately 12,500 square feet of office space. The purchase is scheduled to close in August, 2000 and possession is expected to be taken in September, 2000.

    Vector Aeromotive Corporation is a publicly traded company whose primary busines is the manufacturing of exotic automobiles.