LORD Corp. Sells Resilient Floor Coatings Business
September 12, 2008
CARY, NC - LORD Corp., Cary, NC, has sold its resilient floor coatings business to AkzoNobel. The resilient floor coatings business primarily serves industrial manufacturers of polymeric and wood flooring and includes the trade name Photoglaze® UV-cure coatings and associated Chemglaze® seam sealers product line in the United States, Europe and China. Completion of the transaction is expected by the end of September, subject to regulatory approval.