Armstrong Flooring

VitrA Tiles Appoints New Country Director for Booming North American Market

Retrieved on: 
Tuesday, August 29, 2023
Bachelor, The Home Depot, Armstrong Flooring, Business, Haines, Marketing, Vitra, Towson University, Business administration, Villeroy, Growth, Villeroy & Boch, Country, Tile, Tourism, Dimension stone, Engers

The total U.S. tile market is forecast to surpass 350 million square meters within the next three years. Under the direction of a new Country Director, VitrA Tiles, a subsidiary of Turkiye's Eczacibasi Holding, is poised to capitalize on the windfall.

Key Points: 
  • Atlanta, Georgia--(Newsfile Corp. - August 29, 2023) - VitrA Tiles, a leading producer of high-end ceramics, has appointed Dennis Szczybor as Country Director for its lucrative U.S. operations.
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    "In line with VitrA Tiles' ambitious growth targets in the burgeoning North American tile market, Dennis Szczybor has assumed the position of U.S. Country Director," Hasan Pehlivan, CEO of VitrA Tiles, said.
  • VitrA Tiles is currently Germany's second largest tile supplier, and hopes to make similar inroads in the North American market.
  • We want to make VitrA Tiles a household name in North America," Dennis Szczybor said.

LP Building Solutions Names Farias as Vice President of OSB Manufacturing and Stephens as Director of OSB Sales and Marketing

Retrieved on: 
Wednesday, August 9, 2023
University of Chicago Booth School of Business, University, Dell, Face, Engineering, Wharton School of the University of Pennsylvania, Windstream Holdings, Armstrong Flooring, OSB, Transport, Automation, Universidad, Rutgers University, Senior National Hockey Tournament 2019, Customer service, Armstrong World Industries, LP, Management, Science, Marketing

NASHVILLE, Tenn., Aug. 9, 2023 /PRNewswire/ -- LP Building Solutions (LP), a leading manufacturer of high-performance building products, today announced that Gabriel Farias has been named Vice President of OSB Manufacturing and Landon Stephens as Director of OSB Sales and Marketing Planning.

Key Points: 
  • NASHVILLE, Tenn., Aug. 9, 2023 /PRNewswire/ -- LP Building Solutions (LP), a leading manufacturer of high-performance building products, today announced that Gabriel Farias has been named Vice President of OSB Manufacturing and Landon Stephens as Director of OSB Sales and Marketing Planning.
  • "I am confident that their leadership will be an incredible asset to LP as we achieve our ambitious operations and sales goals."
  • Stephens joined LP in 2015 as an OSB Account Manager before being promoted to the role of Regional Sales Manager and then Senior National OSB Sales Manager.
  • His responsibilities include developing and implementing LP's annual strategic sales plans and leading its OSB Sales, Marketing, and Customer Service teams.

Gordon Brothers Completes Armstrong Flooring Purchase

Retrieved on: 
Wednesday, October 26, 2022
Commercial, Acquisition, AHF, Decision-making, Investment, CEO, Armstrong Flooring, Senior, Eastern Coast of Central America Commercial and Agricultural Company, Gordon Brothers, National Caotun Commercial & Industrial Vocational Senior High School, GLOBE, Ownership, Armstrong, Sale, Wind, Solution, Financial services

Boston, Oct. 26, 2022 (GLOBE NEWSWIRE) -- Gordon Brothers, the global advisory, restructuring and investment firm, has completed the purchase of a substantial portion of Armstrong Flooring Inc.s assets.

Key Points: 
  • Boston, Oct. 26, 2022 (GLOBE NEWSWIRE) -- Gordon Brothers, the global advisory, restructuring and investment firm, has completed the purchase of a substantial portion of Armstrong Flooring Inc.s assets.
  • Gordon Brothers purchased a majority of the flooring products manufacturers existing inventory and partnered with Vion Investments to purchase the accounts receivable to effect the wind down of the business and operations that did not move forward.
  • The purchase allowed for continued operation of three Armstrong FIooring facilities in Pennsylvania and one in Illinois under the new ownership of AHF Products, a leading North American hard surface flooring manufacturer, saving nearly 600 jobs.
  • Gordon Brothers helped complete our purchase of Armstrong Flooring and assisted with the transition period, working with our partners to wind down parts of the business that did not fit with our strategic business plans moving forward, said Brian Carson, CEO and President of AHF Products.

DOGWOOD DENSIFIED WOOD FROM BRUCE NAMED A WINNER IN GOOD HOUSEKEEPING'S 2022 HOME RENOVATION AWARDS

Retrieved on: 
Friday, October 7, 2022
People, Pressure, Parterre, Hearst Communications, LLC, Armstrong, Good Housekeeping, PETS, Multimedia, Investment, Diospyros discolor, AHF, Armstrong Flooring, Solution, Engineering, View, Engineered wood, Capella

MOUNTVILLE, Pa., Oct. 7, 2022 /PRNewswire/ -- AHF Products, a leading manufacturer of hardwood flooring, is proud to announce that Dogwood Densified Wood from Bruce was named as a winner in Good Housekeeping's 2022 Home Renovation Awards in the "Hottest Home Decor" category.

Key Points: 
  • MOUNTVILLE, Pa., Oct. 7, 2022 /PRNewswire/ -- AHF Products, a leading manufacturer of hardwood flooring, is proud to announce that Dogwood Densified Wood from Bruce was named as a winner in Good Housekeeping's 2022 Home Renovation Awards in the "Hottest Home Decor" category.
  • "Bruce is honored to be recognized among the industry's leading home renovation products by the prestigiousGood HousekeepingInstitute," said Jennifer Zimmerman, Chief Commercial Officer, AHF Products.
  • Bruce Dogwood Densified Wood Technologyis a real gamechanger for the hardwood flooring buyer, especially for people who have pets or kids.
  • Our residential flooring brands include Bruce, Armstrong Flooring, Hartco, Robbins, LM Flooring, Capella, Homewood, Hearthwood, Raintree, Autograph, Emily Morrow Home and tmbr.

ONE ROCK CAPITAL PARTNERS EXPANDS OPERATING PARTNER TEAM WITH THE ADDITION OF PHIL GAUDREAU

Retrieved on: 
Monday, August 22, 2022
Operating partner, Finance, Harsco, Solution, PricewaterhouseCoopers, HR, Investment, Accounting, Liberty Property Trust, Partner, Armstrong Flooring, Controller, ROCK, Comcast, Impact-Weighted Accounts Project, LLC, Acquisition, Growth, Renewable energy, Rock

NEW YORK, Aug. 22, 2022 /PRNewswire/ --One Rock Capital Partners, LLC ("One Rock"), a value-oriented, operationally focused private equity firm, is pleased to announce the addition of Phil Gaudreau to its team of Operating Partners.

Key Points: 
  • NEW YORK, Aug. 22, 2022 /PRNewswire/ --One Rock Capital Partners, LLC ("One Rock"), a value-oriented, operationally focused private equity firm, is pleased to announce the addition of Phil Gaudreau to its team of Operating Partners.
  • Mr. Gaudreau joins One Rock with over 20 years of experience in controllership and financial accounting.
  • "One Rock remains committed to building out an experienced Operating Partner team to support our diversified set of portfolio companies," said R. Scott Spielvogel, Managing Partner of One Rock.
  • ABOUT ONE ROCK CAPITAL PARTNERS, LLC
    One Rock makes controlling investments in companies with potential for growth and operational improvement using a rigorous approach that utilizes highly experienced Operating Partners to identify, acquire and enhance businesses in select industries.

Union Disgusted by Lawsuit that Threatens Hundreds of Jobs at Armstrong Flooring

Retrieved on: 
Friday, July 22, 2022
Sale, Rubber industry in Malaysia, Armstrong World Industries, Public sector, Armstrong Flooring, Woman, Metal, Glass, AHF, United Steelworkers, Paper, Multimedia, Mining, Armstrong, USW, Man, Weapon

PITTSBURGH, July 22, 2022 /PRNewswire/ -- The United Steelworkers (USW) today criticized Armstrong World Industries for its refusal to consent to the transfer of the Armstrong Flooring name that threatens to derail the sale of the Armstrong Flooring production facility in Lancaster County, Pennsylvania, to AHF Products.

Key Points: 
  • PITTSBURGH, July 22, 2022 /PRNewswire/ -- The United Steelworkers (USW) today criticized Armstrong World Industries for its refusal to consent to the transfer of the Armstrong Flooring name that threatens to derail the sale of the Armstrong Flooring production facility in Lancaster County, Pennsylvania, to AHF Products.
  • USW District 10 Director Bernie Hall urged Armstrong Flooring and Armstrong World Industries immediately to resolve their issues over trademark licensing in order for a timely closing of the sale.
  • "It would be a terrible tragedy for hundreds of good jobs to disappear because of Armstrong World's greed," Hall said.
  • "If this matter is not resolved very shortly, this historic facility and the community-sustaining jobs it provides could close its doors forever."

AHF Products to Purchase Certain Assets of Armstrong Flooring, including Certain U.S. Manufacturing Facilities

Retrieved on: 
Wednesday, July 13, 2022
Marketing, LLC, Solution, Armstrong, Parterre, CEO, AHF, Armstrong Flooring, Armstrong World Industries, Investment, Bankruptcy, Growth, Carson, Retail, Capella

MOUNTVILLE, Pa., July 13, 2022 /PRNewswire/ -- AHF Products announced today that it has received bankruptcy court approval to purchase certain assets of Armstrong Flooring, Inc., strengthening AHF Products' leadership position in resilient flooring solutions and adding another gear to its expanding commercial market business. The purchase includes the purchase and operation of three U.S. manufacturing facilities, in Lancaster and Beech Creek, PA and in Kankakee, IL.

Key Points: 
  • Acquisition is a key step in AHF Products' growth strategy & expands U.S. manufacturing footprint to 10 facilities stateside
    MOUNTVILLE, Pa., July 13, 2022 /PRNewswire/ -- AHF Products announced today that it has received bankruptcy court approval to purchase certain assets of Armstrong Flooring, Inc., strengthening AHF Products' leadership position in resilient flooring solutions and addinganother gear to its expanding commercial market business.
  • The purchaseincludes the purchase and operation of three U.S. manufacturing facilities, in Lancaster and Beech Creek, PA and in Kankakee, IL.
  • That is, and will continue to be, our strategy moving forward," said Brian Carson, President and CEO, AHF Products.
  • AHF Products continues to invest in U.S. manufacturing and this purchase expands AHF Products' domestic footprint, enhancing the company's customer base, production efficiencies and logistical capabilities.Ten U.S. facilities mean sustaining American manufacturing jobs and boosting local economies.

Armstrong Flooring Announces Results of Chapter 11 Auction for Chinese and Australian Businesses

Retrieved on: 
Monday, July 11, 2022
Giant, Private Securities Litigation Reform Act, United States bankruptcy court, AHF, ABL, DIP, Nature, Beauty, Chapter 11, Title 11, United States Code, Company, Armstrong Flooring, Forward-looking statement, Gordon Brothers, U.S. Securities and Exchange Commission, Disclosure, OTC, Sale, Phrase, GLOBE, Bankruptcy, Lease

Giant Group and Cowes Bay will operate the Chinese and Australian businesses, respectively.

Key Points: 
  • Giant Group and Cowes Bay will operate the Chinese and Australian businesses, respectively.
  • The Chinese and Australian businesses will continue to operate as usual pending consummation of the respective sales.
  • Armstrong Flooring, Inc. is a global leader in the design and manufacture of innovative flooring solutions that inspire beauty wherever your life happens.
  • As a result, our actual results may differ materially from our expected results and from those expressed in our forward-looking statements.

Armstrong Flooring Announces Successful Bid for North American Business and Binding Bids to Acquire Chinese and Australian Businesses

Retrieved on: 
Sunday, July 10, 2022
OTC, Board of directors, Gordon Brothers, United States bankruptcy court, Court, GLOBE, Chapter 11, Title 11, United States Code, Armstrong Flooring, Sale, Company, U.S. Securities and Exchange Commission, Phrase, ABL, Beauty, LLC, Private Securities Litigation Reform Act, Bankruptcy, Asset purchase agreement, Time, Board, AHF, Nature, Forward-looking statement, Security (finance), Online gambling

This binding Asset Purchase Agreement was the culmination of the Companys Chapter 11 auction process for its North American assets.

Key Points: 
  • This binding Asset Purchase Agreement was the culmination of the Companys Chapter 11 auction process for its North American assets.
  • The Company has received binding bids to acquire each of the Chinese business and the Australian business and will sign the definitive purchase agreements for these transactions as soon as the auctions close.
  • The Chinese and Australian businesses will continue to operate as usual and the operations remain unaffected by the Chapter 11 cases.
  • The AHF and Gordon Brothers consortium would acquire substantially all of the assets of North America.

NYSE to Suspend Trading in Armstrong Flooring, Inc. (AFI)

Retrieved on: 
Friday, May 20, 2022
Professional Services, Finance, Securities and Exchange Commission (Nigeria), View, Armstrong Flooring, Company, Security (finance), Review, Exchange, Committee, Board, NYSE, AFI

The New York Stock Exchange LLC (NYSE or Exchange) announced that the staff of NYSE Regulation has now determined to immediately suspend trading in the common stock of Armstrong Flooring, Inc. (the Company) ticker symbol AFI from the NYSE.

Key Points: 
  • The New York Stock Exchange LLC (NYSE or Exchange) announced that the staff of NYSE Regulation has now determined to immediately suspend trading in the common stock of Armstrong Flooring, Inc. (the Company) ticker symbol AFI from the NYSE.
  • On May 9, 2022, the NYSE announced that it was commencing proceedings to delist the Company.
  • On May 20, 2022, the Company confirmed that it will not exercise that right.
  • Accordingly, the NYSE will now suspend trading in the common stock and will file a delisting application with the Securities and Exchange Commission.