<PAGE> 1
U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D. C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15 (d) OF
THE SECURITIES AND EXCHANGE ACT OF 1934
Date of Report April 29, 1999
CVD EQUIPMENT CORPORATION
(Exact name of registrant as specified in charter)
Commission File No. 2-97210-NY
New York 11-2621692
(State of incorporation) (IRS Employer Identification No.)
1881 Lakeland Avenue, Ronkonkoma, New York 11779
(Address of principal executive offices)
516-981-7081
(Registrant's telephone number)
<PAGE> 2
ACQUISTION OF ASSETS
On April 29, 1999, CVD Equipment Corporation completed the purchase
from Kidco Realty Corp. of the former facility occupied by Stainless Design
Corporation, 1117 Old Kings Highway, Saugerties, NY 12477. The 22,000
square foot facility, situated on 5 acres of land was purchased for
$1,400,000. The purchase price was paid for at time of closing by cash
funds from CVD Equipment Corporation in the amount of $500,000 and Kidco
Realty Corp. issuing a 30 year amortization, 7% interest, 10 year balloon,
non recourse purchase money note and mortgage to CVD Equipment Corporation
in the amount of $900,000.
CVD Equipment Corporation's, Stainless Design Concept division has
been operating out of the facility since the beginning of January 1999.
The division was formed after CVD Equipment purchased at public auction the
former inventory, tangible assets, intangible assets and intellectual
property of the former Stainless Design Corporation, Saugerties, NY.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this report to be signed on its behalf by
the undersigned, thereunto duly authorized, this 10th day of May, 1999.
CVD EQUIPMENT CORPORATION
By_/s/ Leonard A. Rosenbaum
Leonard A. Rosenbaum
President
