Armstrong Holdings Inc.
reported fourth quarter 2002 net sales of $752.1 million that were about 2 percent higher than fourth quarter sales of $738.3 million in 2001.
Congoleum Corp. announced that as part of its strategy to resolve its asbestos
liabilities, it is seeking bondholders' approval of certain amendments to the
indenture governing its 8 5/8 percent Senior Notes due 2008.
Armstrong World
Industries, Inc. has filed an amended Plan of Reorganization (POR) and
proposed Disclosure Statement in its Chapter 11 reorganization case with the
U.S. Bankruptcy Court in Wilmington, Del.
The Dixie Group announced that it has issued $37 million of senior term notes, due May 2007, amended its senior credit facility, and settled the $50 million obligation that was due in April 2003 to the former
shareholders of Fabrica.
Gammapar, a hardwood flooring manufacturer based in
Forest, Va., has announced that it will acquire PermaGrain Products Inc., one of its top competitors in the manufacture of acrylic impregnated wood flooring.
The National Association of Floor Covering Distributors (NAFCD) will feature legendary American athlete Rocky Bleier as a keynote presenter at the NAFCD 32nd Annual Meeting, "Leaders Meeting Leaders," Oct. 17-20, 2003, in Toronto, Ontario, Canada.