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Nov 03, 2020  /  The Right News Right When It Happens
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Dixie Group Announces New Senior Credit Facility
Dalton, GA, November 3, 2020—The Dixie Group announced the successful negotiation of a $75 million, five year, senior secured revolving credit facility with Fifth Third Bank National Association, providing for borrowing based on percentages of values of the company's accounts receivable and inventory, and secured by a first priority interest in the company's accounts receivable and inventory.
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Today's Flooring News
Orders for Manufactured Goods Rose 1.1% in September
Washington, DC, November 3, 2020—New orders for manufactured goods in September, up five consecutive months, increased $5.2 billion or 1.1% to $475.0 billion, the U.S. Census Bureau reported. This followed a 0.6% August increase.
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