LANCASTER, Penn. — Wood flooring maker Armstrong World Industries will split its flooring business from its ceilings business, creating two independent and publicly traded companies. The flooring segment will now be called Armstrong Flooring and the ceilings business will continue under the Armstrong World Industries name, according to news reports. The separation should be completed in 2016, pending approval from the Securities and Exchange Commission and the company’s board of directors. Don Maier, current CEO of Armstrong Flooring Products, will continue to lead the flooring business after the split is approved. Armstrong’s wood flooring business segment reported an operating loss of $19.4 million in the fourth quarter of 2014. Both companies will remained based in Lancaster.
Armstrong to split flooring, ceilings
Most Recent
Most Read
BREAKING: Home Depot agrees to buy GMS
Mon, June 30th, 2025
Home Depot subsidiary to acquire GMS
Mon, June 30th, 2025
Cloverdale launches pilot in Costco stores
Mon, June 30th, 2025
Canada gets its first online department store
Mon, June 30th, 2025
AMI launches accessories for Ascend Composite Cladding System
Mon, June 30th, 2025
Home Hardware announces casting call
Fri, June 27th, 2025
RONA donates ad space to local trades
Fri, June 27th, 2025
QXO’s offer to buy GMS Inc. expires
Thu, June 26th, 2025
Alexandria Moulding recruits leaders from Masonite
Thu, June 26th, 2025
Throwback Thursday: Ten years ago we reported on Home Depot’s MRO acquisition
Thu, June 26th, 2025