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Dal history
Dal company history timeline
After capital outlays, Dal-Tile's operating earnings of about $51 million in 1991 were barely adequate to cover the $43 million in interest AEA paid that year to service the debt it incurred to buy the company.
In 1993 the company sold $133 million worth of five-year notes to help pay down debt.
Dal-Tile Chairman Billy Ray Cox retired in 1993 after 34 years with the company and was replaced by Pilliod.
In all, independent distributors accounted for about 52 percent of Dal-Tile's tile sales in 1996, compared with 33 percent for company-operated sales centers and 15 percent for home-center retailers.
AEA Investors owned 53.5 percent of its stock and Armstrong World Industries owned 34.4 percent. Its long-term debt in April 1997 was $470.7 million.
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Zippia gives an in-depth look into the details of Dal, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Dal. The employee data is based on information from people who have self-reported their past or current employments at Dal. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Dal. The data presented on this page does not represent the view of Dal and its employees or that of Zippia.
Dal may also be known as or be related to DAL, DAL Inc and Dal.