A return to core business or fire sale at Ascent?

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Couldn’t help but notice this week the Ascent office/workshop on Harper Rd. was not only for sale, but now had a ‘sold’ sign out front.
Seems odd in that the media were invited out to that same location earlier this year to get a first-hand look at the projects undertaken at the former ECM Controls, purchased by St. Thomas Energy in November, 2010.
At that time, ECM Controls employed 10 people who designed and built industrial controls. As shareholder and owner of St. Thomas Holding (the parent company), city council unanimously green-lighted the move, asking no questions nor providing comment on the move.
So what happened in the intervening five years? Continue reading