Metex Manufacturing Corp., formerly known as Kentile Floors Inc., filed for bankruptcy protection for the second time since 1992 to cope with asbestos product-liability claims, Bloomberg News reported on Friday. The company, which manages two industrial facilities in New Jersey, listed assets and debt of more than $100 million each in chapter 11 documents filed on Friday. Metex faces about about 6,000 active asbestos claims tied to Kentile, according to court papers.
