Columbia Flooring to sell laminate plant to Unilin
Columbia Flooring has entered an agreement to sell its Thomasville, N.C., laminate manufacturing facility to Unilin Industries NV of Belgium. The transaction is expected to close during the third quarter of this year.
At the same time, Columbia and Unilin will begin a long-term supply agreement whereby Unilin will manufacture Columbia's existing glued and glueless laminate product offerings and also develop an exclusive Columbia Clic collection for launch at Surfaces 2002.