Dean Hardwoods-Long time flooring company closes
July 17, 2012
Dean Hardwoods – a Leland-based residential flooring manufacturer that dates back to the early 1900s – has closed, according to a voice recording Monday.
“Regrettably, our lender, Sun Trust Bank, has in effect closed our operations,” the message said. “The Dean family is working to establish a new entity, Dean Wood International. We should be able to contact you about your interest.”
Calls left to Dean Woods International were not returned Monday afternoon.
In August 2008, the company filed for Chapter 11 bankruptcy protection to help restructure the firm’s debt and pay creditors. At the time of the filing, Dean Hardwoods owed numerous creditors, including more than $1.4 million to SunTrust Bank.