Armstrong Flooring Completes Sale Of Wood Flooring Segment

Many Armstrong products are supplied with low VOC emissions, third-party FloorScore™ certification and LEED® eligibility. Please contact us for additional specification information or to help along with your next flooring renovation. With its low carbon footprint, Armstrong’s Eco-Friendly flooring is a high various to PVC flooring. It is made with quickly renewable materials and US grown plant elements. Migrations® and Striations® offer wood and stone-inspired visuals and are available in a 12″ x 12″ or 12″ x 24″ format for added design.

I wrote this article myself, and it expresses my very own opinions. I have no enterprise relationship with any firm whose inventory is mentioned on this article. A profession wanderer and journeyman, with a passion for deep worth and contrarian investing.

Floors made by Armstrong are a number of the highest high quality floors you will find anyplace. You can be confident that you’ll not solely discover a floor that matches your type, but one that can maintain its magnificence for years to come back. With the wide array of merchandise obtainable, there’s a excellent floor for any decorating style.

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AIP will acquire Armstrong Flooring’s high-quality wooden flooring product portfolio and current network of wooden floor manufacturing services, staffed by an skilled wood flooring team. AIP will own the Bruce model and all other Wood Flooring segment brands. To ensure a seamless transition for our customers, AIP will have full access to the Armstrong Flooring model for the sale of wooden merchandise for 2 years after closing.

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And that was constructed over years and years; that doesn’t erode overnight. So, we’ve to continue to invest in order to preserve that, and we’re doing that. We have ramped up our investments this 12 months, which we began last yr, and we will continue to take action going for­ward. We’re going to be selec­tive in who we companion with and who we work with. But I think branding is a key side that we have to give consideration to going ahead. There’s little question it is a key pillar of our enterprise that we need to put money into each digi­tally and in co-op promoting with the right retailers.

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On November 16, 2018 Armstrong Flooring introduced it would be selling its wood flooring business to American Industrial Partners, a private fairness agency, for $100 million. American Industrial Partners is an operationally-oriented middle-market personal fairness firm that makes management investments in industrial businesses serving home and global markets. The Firm has deep roots within the industrial economy and has been active in non-public fairness investing since 1989. AIP invests in all types of corporate divestitures, administration buyouts, recapitalizations, and going-private transactions of established businesses with revenues of $300 million to $1 billion+. The plan goal was to increase customer reach, increase product innovation and at the similar time reduce complexity and extra capability.

To the south and east utilization is primarily residential and business. Armstrong World Industries has demonstrated that soil contamination ranges in addition to groundwater at its Roto Facility don’t pose unacceptable danger to non-residential occupants. Delivering a mixture of subtle design and superior long lasting efficiency for a extensive array of economic environments. Installed with a excessive efficiency coating that resists soil, stains, scuffs and abrasions. Homogeneous options include MedinPure PVC-Free Sheet, Medintech, Medintone and Accolade Plus. Heterogeneous decisions are Rejuvenations Restore, Rejuvenations with Diamond 10 Technology, Rejuvenations Classics, Corlon and Abode.