Toronto, Canada, Nov. 5--Icoworks Inc., a wholly owned subsidiary of Icoworks Eastern Limited, is pleased to announce that it has acquired the hardwood flooring inventories of Janus Flooring Corporation, as well as the equipment and other contents of its hardwood flooring manufacturing plant, and anticipates liquidating the inventory for total gross sales of approximately CDN $3.2 million.
"This is our first major liquidation in the Metro Toronto area, and we anticipate an active liquidation of this fine hardwood flooring as we approach the Christmas buying season," stated Graham Douglas, President of Icoworks Holdings Inc.
Icoworks will be liquidating the hardwood flooring which includes red and white oak, maple, birch, ash, bamboo, exotics and parquet flooring, as well as auctioning all manufacturing equipment including moulds, saws and dust collectors. The liquidation will be held on November 30.
