Foamex International, Linwood, PA, has sold its rubber and felt carpet cushion business, along with its Missouri rubber manufacturing facility and certain assets of its North Carolina felt manufacturing facility, to Leggett & Platt for about $38.5 million.Foamex International, Linwood, PA, has sold its rubber and felt carpet cushion Cushion In the context of project financing, the extra amount of net cash flow remaining after expected debt service. cushion See call protection. business, along with its Missouri Missouri, state, United States Missouri (mĭz  r`ē, –ə), one of the midwestern states of the United States. rubber manufacturing
facility and certain assets of its North Carolina North Carolina, state in the SE United States. It is bordered by the Atlantic Ocean (E), South Carolina and Georgia (S), Tennessee (W), and Virginia (N).
Facts and FiguresArea, 52,586 sq mi (136,198 sq km). Pop. felt manufacturing facility, to Leggett & Platt for about $38.5 million. Foamex plans to use the proceeds from the transaction to pay down debt. |
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