CeraTech assets sold at courthouse

Real estate assets of CeraTech Media, Inc., were sold at the courthouse Friday morning. The public auction was conducted to satisfy a foreclosure judgement against the company. 

The building and property on Moore Street were sold for $175,000. The high bidder was a representative of the Crittenden County Economic Development Corp., or the Western Kentucky Industrial Foundation. Early indications are that the buyer, a local community economic development group, will lease the property to a potential operator who may re-open the business.

CeraTech closed in June with the owner citing the country's economic downturn as the primary reason.

Stay tuned to next week's Crittenden Press printed edition for details.