Congoleum Amends DIP Loan to Lower Interest Rate
Mercerville, NJ, November 21, 2006--Congoleum Corp. said its lender has agreed to lower the interest rate, increase borrowing availability and extend the maturity of its debtor-in-possession loan.
Today's Flooring News
Keep up to date with the most recent news in the flooring industry. Today's News...As it happens! We update this news several times a day so you can stay connected.
Unilin, Anderson Pen Uniclic Licensing Agreement
Clinton, SC, November 21, 2006 – Anderson Hardwood Floors has concluded a worldwide license agreement with Flooring Industries, the Ireland-based intellectual property company of the Unilin group.
Unilin Files Suit Against Hansol Homedeco in Korea
Wielsbeke, Belgium, November 21, 2006--Unilin announces the filing of a preliminary patent infringement action against Hansol Homedeco before the district court in Seoul, South Korea.
Motyl to Step Down as Amtico North American CEO
Coventry, England, November 17, 2006--Coventry, England, November 17, 2006--David Motyl, CEO of Amtico North America, will leave the company at the end of March 2007. He’ll be replaced by Chris McKee, who’s currently general manager of Flooring Services a
Retail Sales Off on Lower Gas Prices
Washington, DC, November 14, 2006--Retail sales fell in October for the second month in a row, pushed lower by falling gasoline prices, the Commerce Department reported Tuesday.
Three Plead Not Guilty In Workers' Comp Fraud
Los Angeles, CA, November 14, 2006--The president and vice president of a Chatsworth-based Cover-All Inc, pleaded not guilty Monday to charges that they bilked the state's workers' compensation fund out of nearly $11 million in premiums.
Armstrong’s Bankruptcy Red Tape Continues
Lancaster, PA, November 7, 2006--Armstrong World Industries has gotten out of bankruptcy, but the paperwork keeps rolling in.
AquaFil Opens Fiber Extrusion Facility in Georgia
Cartersville, GA, November 3, 2006--Aquafil USA Inc. recent inaugurated its new 142,000 sq. ft. facility in in Cartersville with a ceremony in front of more than 150 invitees.
Redi Carpet Acquires Young’s Flooring
Houston, TX, November 1, 2006--In its ongoing quest to secure coverage in the country’s top multi-family markets, MultiFamily Solutions Member Redi Carpet, Houston, TX, recently acquired Virginia Beach, Virginia-based Young's Flooring.
Dal-Tile to Close Tennessee Plant
Jackson, TN, November 1, 2006--Dal-Tile Corporation has sent notice to local government officials that it will permanently close its Jackson manufacturing facility around Dec. 27.