Congoleum implements reorganization plan

Home Inside FCNews Congoleum implements reorganization plan

Mercerville, N.J.—In a filing with the Securities and Exchange Commission, Congoleum reported its confirmed reorganization plan became effective as of July 1.

As part of the plan’s implementation, it has closed on a new credit facility that increases its revolving credit line from $30 million to $40 million, which should be more than adequate to fund its growth.

For more information, call Congoleum at 609.584.3601.

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