Farmingdale, NY, Oct. 23, 2017 (GLOBE NEWSWIRE) — Cemtrex, Inc. (Nasdaq: CETX, CETXP, CETXW) today announced a revised exchange offer, valued substantially higher at $11 per share, to acquire Key Tronic Corporation (Nasdaq: KTCC) by offering to exchange each outstanding share of Key Tronic common stock for one series 2 unit consisting of (i) one $10 4% debenture due 2024 and (ii) one third (1/3rd) share of Cemtrex common stock. The purpose of the offer is for Cemtrex to acquire control of, and ultimately the entire interest in Key Tronic.