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LMI Inks Sale-Leasebacks With CIT Group for Four Facilities

Midwest Portfolio Sale Valued at $10.3 Million; Deal Includes LMI HQ Facility Outside St. Louis
By Andrew C. Burr
January 4, 2007 | 8:58 P.M.

LMI Aerospace Inc. (NYSE: LMIA), a component supplier for the aerospace, defense and technology industries, inked sale-leasebacks for four Midwest facilities with a subsidiary of CIT Group Inc., the New York and New Jersey-based commercial and consumer finance firm.

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