Who is buying Armstrong Flooring?
Who is buying Armstrong Flooring?
AHF Products, the former Armstrong Flooring hardwood division, is being sold to a Dallas private equity firm for an undisclosed price. Paceline Equity Partners announced Wednesday it had agreed to buy AHF Products from American Industrial Partners. The deal is expected to be completed in 2022’s first quarter.
How much is Armstrong Flooring per square foot?
Armstrong Commercial Floor Prices The cost of Armstrong industrial flooring starts at just (under a dollar) $1.00 per square foot for commercial vinyl flooring.
Is Armstrong laminate flooring made in the USA?
For more than a century, Armstrong Flooring has manufactured trusted home flooring solutions primarily in the U.S. With six plants across the United States, we remain committed to designing and manufacturing a broad range of flooring types for your home that are made in the USA with domestic and global content.
What happened Armstrong Flooring?
It was spun off as an independent entity from Armstrong World Industries in April 2016. On November 16, 2018 Armstrong Flooring announced it would be selling its wood flooring business to American Industrial Partners, a private equity firm, for $100 million.
Is Armstrong flooring going out of business?
May 2: Armstrong Flooring tells investors it will likely file for Chapter 11 bankruptcy. May 8: Armstrong Flooring files for Chapter 11 bankruptcy.
Is Mohawk buying Armstrong flooring?
Armstrong Flooring announced Tuesday it’s hired a Mohawk Industries executive as its president and CEO. Michel Vermette, president of the residential carpet division at Mohawk Industries, succeeds Larry S. McWilliams, who has served as interim President and CEO since May 3. McWilliams will remain chairman of the board.
Did Armstrong Flooring go out of business?
Armstrong Flooring rejects shutdown proposal to seek bankruptcy protection.