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flooring

Nov 1, 2024

LL Flooring CEO resigns, effective immediately

LL Flooring President and CEO Charles E. Tyson has resigned effective immediately, the Henrico County flooring company formerly known as Lumber Liquidators announced in a Securities and Exchange Commission document released Friday. The move is not exactly a surprise, coming several weeks after Thomas Sullivan, Lumber Liquidators’ founder and former CEO, purchased 219 LL Flooring stores, [&h[...]

Sep 7, 2024

LL Flooring to sell 219 stores; 211 other stores set to close

Henrico County’s LL Flooring, which declared Chapter 11 bankruptcy last month, has signed an agreement to sell 219 stores and other assets to F9 Investments, the company announced Sept. 6. LL Flooring plans to close 211 other stores nationwide, up from 94 stores previously announced. With this agreement, F9 Brands owner Tom Sullivan, the founder […]

Aug 13, 2024

LL Flooring to be delisted from NYSE

Updated Aug. 14 The New York Stock Exchange has informed Henrico County-based LL Flooring Holdings that its common stock will be delisted from the stock exchange and that trading was to be immediately suspended after the company filed for Chapter 11 bankruptcy Sunday, LL Flooring announced Tuesday. In a news release, LL Flooring said that […]

Aug 12, 2024

LL Flooring files for bankruptcy

LL Flooring, the Henrico County flooring company previously known as Lumber Liquidators, announced Sunday it has entered Chapter 11 bankruptcy proceedings and is pursuing a sale of its business. Also, according to documents filed with the Securities and Exchange Commission, the company has received a nonbinding letter of intent to sell its Henrico County distribution […]

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Oct 12, 2023

LL Flooring receives $194M acquisition proposal

Las Vegas-based holding company Live Ventures has submitted a proposal to acquire Henrico County-based hard-surface flooring retailer LL Flooring Holdings for approximately $194.4 million in cash. Live Ventures, which specializes in the retail and flooring industries, published Thursday the letter sent by its president and CEO, Jon Isaac, to the LL Flooring board the previous […]

Dec 15, 2022

M S International to open $61.6M Suffolk distribution center

M S International Inc. (MSI), a California-based flooring, countertop, wall tile and hardscaping products supplier, will invest $61.6 million to establish its East Coast distribution facility in Suffolk, a project expected to create 80 jobs, Gov. Glenn Youngkin announced Thursday. McDonald Development Co. will construct the 548,000-square-foot facility, which will be located at 2821 Holland [&hell[...]

Dec 8, 2021

Patrick County flooring company announces $9.3M expansion

Ten Oaks LLC, a manufacturer of residential hardwood floors, will invest $9.3 million in a sorting and stacking facility in Patrick County, creating 11 jobs, Gov. Ralph Northam announced Wednesday. The company was established in 2004 in the town of Stuart and was acquired in 2019 by Canadian company Boa-Franc. The new facility is located […]

Jun 30, 2021

Commercial truck, van floor manufacturer to build $12.8M plant in Patrick County

Prolam LLC, a Canadian manufacturer of hardwood floors for commercial trucks and dry van trailers, will invest $12.8 million to establish its first U.S. manufacturing plant at the former Ten Oaks satellite facility in Patrick County, creating 58 jobs, Virginia Gov. Ralph Northam announced Wednesday. The facility will increase Prolam’s manufacturing capacity by 50%, and […]

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