AMERICAN BILTRITE: Congoleum Unit Has $4.4M March 31 Liabilities
American Biltrite Inc.’s subsidiary, Congoleum Corporation, at both March 31, 2009 and Dec. 31, 2008, recorded a total of US$4.4 million for estimated environmental liabilities, which liabilities were not reduced by the amount of expected insurance recoveries.
At March 31, 2009…