Kid Brands Inc., an importer of juvenile furniture and other children's products, has secured a maximum $80 million revolving credit faclity to shore up its cash flow.
Kid Brands Inc. announced today that, in accordance with procedures of the New York Stock Exchange, the company has notified the NYSE that it intends to submit, no later than January 28, 2013, a plan that the company believes will demonstrate its ability to attain compliance, within 18 months, with the continued listing standards of the NYSE.
Sixteen economic development leaders and elected officials
from the four surrounding counties Thursday toured the massive Masco Corporation facilities, including the one million square foot Jackson Building at the Zahns Corner Industrial Park and the 11-building complex spanning more than 2.5 million square feet in Waverly.
The Masco Corporation Foundation was established in 1952 to support charitable activities and community partnerships that strengthen our corporate objectives. Funded exclusively by Masco Corporation, the Foundation is a 501(c)3 non-profit that provides important funding to results-oriented, well managed, not-for-profit organizations. Over the years, the Foundation has enhanced the Company’s reputation as a responsible corporate citizen by donating millions of dollars to hundreds of organizations.
With a generous grant from the Masco Corporation Foundation, Masco is supporting HomeAid Atlanta’s efforts to retrofit existing shelters for homeless families and individuals around the country. Through HomeAid Atlanta’s Environmental Sustainability Program, homeless care providers can deliver their services in a more environmentally conscious manner.
Composite panel shipments continue to improve over last year, with the latest year-to-date figures through November showing a 5.1% increase over the 2011 time period.
Masco's Mills Pride cabinetry plant will reopen in stages, after a $5 million sales by investors, including Everett Hannah, owner of Gilco International Lumber. GIlco is wooing a Chinese furniture maker.
Grain Surfboard factory runs woodworking workshops; wood surfboard workshop student Joe Carter records scenes from a class at Grain Surfboard, York, ME.