Dean Hardwoods Closes

Leland, NC, July 18, 2012 -- Exotic flooring maker Dean Hardwoods has closed.

In a company phone message, the firm said that Sun Trust Bank "has effectively closed our operations."

The family-owned company filed for Chapter 11 bankruptcy in August 2008 and exited Chapter 11 in 2009.

Among secured creditors was Sun Trust Bank, with $1.45 million owed on a line of credit.

The Dean family said it is trying to form a new entity called Dean Wood International.


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