Congoleum Completes Reorganization Plan

Mercerville, NJ, July 9, 2010--Congoleum reported in a filing with the Securities and Exchange Commission that its confirmed plan of reorganization has essentially become effective as of July 1.

As part of the implementation of the plan, has closed on a new credit facility that increases its revolving credit line from $30 million to $40 million.

The company said the credit line should be more than adequate to fund its growth.