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Ascent Industries Co. Enters into Amended Lease Agreement with STORE

Nov 17, 2025•7 months ago

Contract Type

lease_agreement

Oak BrookManufacturingPrecious Metals

Description

On November 14, 2025, Ascent Industries Co. and Store Master Funding XII, LLC ('STORE') executed the Seventh Amended and Restated Master Lease Agreement. This agreement removes the former Munhall facility and reduces the Company's rent from the previous lease arrangements. The modification reflects ongoing adjustments in the company's operational strategies

Company Information

Company

Ascent Industries

Location

Oak Brook, Illinois, United States

About

Mr. Johnson is a results-oriented executive bringing over 20 years of leadership experience across a variety of global industrial-focused companies. Most recently, he served as the senior vice president and global general manager of Corrpro, a subsidiary of Aegion Corporation that offers total corrosion solutions to the energy, Department of Defense, municipal, and marine markets. While at Corrpro, Mr. Johnson led a global organization with 14 locations and three manufacturing and distribution centers. He implemented a turnaround strategy that enhanced Corrpro’s market positioning and overall execution, leading to significantly improved profitability. Ascent Industries Co. (Nasdaq: ACNT) is a company that engages in a number of diverse business activities including the production of stainless steel, the master distribution of seamless carbon pipe and tube, and the production of specialty chemicals. For more information about Ascent, please visit its web site at www.ascentco.com.

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