armstrong flooring purchase

| All Rights Reserved The easy-pour spout allows easy cleaning. Please Note: Not all retailers carry all products, Check with your retailer for availability. Carson told FCNews the company would be hiring people for the Kankakee and Lancaster plants as well in sales and headquarters positions that are necessary to enhance its current operations. But for our business, we dont plan on being in Greenfield.. The $107 million sale of Armstrong Flooring's North American assets to a group led by West Hempfield Township-based AHF Products was finalized Monday, a deal that will keep Armstrong's. These real hardwood floors Lancaster, Pa.Ecore International, the largest converter of reclaimed tire rubber in North America, has acquired 360 Tire Recycling Group, a leading tire recycling management Mountville, Pa.AHF Products has commented on the Uyghur Forced Labor Prevention Act (UFLPA); specifically with how it pertains to flooring. Armstrong Standard Excelon Imperial Texture VCT (Vinyl Composition Tile) Flooring is an industry-standard commercial-grade resilient floor tile offering installation flexibility and color compatibility throughout Armstrong's product catalog. It also continues a busy acquisition spree for AHF Products, which previously acquired LM Flooring in 2019, followed by Parterre Flooring and American OEM in 2021. Some of it can be very complicated and require large investments, but other parts could be a different box or a different label. AHF is primed to benefit from a strong long-term outlook in both residential repair and remodel spend and new residential housing construction and the benefits afforded by our strong domestic manufacturing capabilities, saidBrian Carson, CEO and president, AHF Products. Whats most important to me is that we get the business healthy and profitable, and we get these plants profitable, he said. This purchase also significantly increases our position in the commercial flooring segment, which is expected to grow. Our commercial brands include Bruce Contract, Hartco Contract, AHF Contract and Parterre. All Bugatti at Cit de l'Automobile in Mulhouse (Alsace) La Cit de l'Automobile, also known of Muse national de l'Automobile, is built around the Schlumpf collection of classic automobiles. Floor Citys nationwide network of floor-covering distributors provides a wide range of Armstrong commercial and residential flooring solutions and other top resilient luxury vinyl tile brands to coordinate with your space. Before he left in 2006 to take a job in Atlanta with Mohawk Flooring, Carson had spent 16 years in operational leadership roles at Armstrong World Industries, including as a plant manager in Lancaster and senior vice president of North American resilient and hardwood flooring. https://assets.gordonbrothers.com/assets-for-sale/assets/a/armstrong-assets. AHF Products began as a 2018 spinoff of Armstrong Floorings wood flooring business. That is, and will continue to be, our strategy moving forward, said Brian Carson, President and CEO, AHF Products. It looks like your geolocation services are disabled. With this purchase, AHF now operates 11 manufacturing facilities, ten in the U.S. and one in Cambodia, and four domestic distribution facilities to serve customers through a multi-channel strategy that includes dealers, home centers, and distributors around the world.Brian Carson, CEO and President, AHF Products said: AHF is primed to benefit from a strong long-term outlook in both residential repair and remodel spend and new residential housing construction, and the benefits afforded by our strong domestic manufacturing capabilities. The acquisition brings into AHFs fold signature products and innovations from Armstrong such as Diamond 10 technology, a patented process that uses cultured diamonds to provide scratch, stain and scuff resistance, and Medintech, a high-performance homogeneous sheet flooring product. From time-worn wood to modern marble, enjoy nature's diverse beauty throughout your home in the kitchen, bath, basement and beyond. NEW! Headquartered in Mountville, Pennsylvania, AHF Products is the largest hardwood flooring manufacturer in North America and has experienced rapid growth across a range of additional flooring categories, including vinyl plank, laminate, and commercial flooring products. 888-424-1903 https://assets.gordonbrothers.com/assets-for-sale/assets/a/armstrong-assets, Gordon Brothers Completes Armstrong Flooring Purchase. Whether to fuel growth or facilitate strategic consolidation, Gordon Brothers partners with companies in the retail, commercial and industrial sectors to provide maximum liquidity, put assets to their highest and best use and mitigate liabilities. AHF Deal to Purchase Armstrong in Jeopardy Over Use of Armstrong Brand Name 800 Boylston Street . Armstrong is a trademark of Armstrong World Industries, Inc. All other marks are owned by AHF, LLC, its affiliates, or subsidiaries. Gordon Brothers leverages decades of experience buying, selling, operating and valuing assets in the industrial economy across Australia, Brazil, Canada, the U.K. and Europe, Japan and the U.S. About Gordon BrothersSince 1903, Gordon Brothers (www.gordonbrothers.com) has helped lenders, management teams, advisors and investors move forward through change. With this purchase, AHF now operates 11 manufacturing facilities, ten in the U.S. and one in Cambodia, and four domestic distribution facilities to serve customers through a multi-channel strategy that includes dealers, home centers, and distributors around the world. 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 . VION provides a single, comprehensive source of expertise in receivable purchasing, consulting, and valuation. Acquisition expands AHF footprint and sets the company & its customers up for profitability and growth. Gordon Brothers leverages decades of experience buying, selling, operating and valuing assets in the industrial economy across Australia, Brazil, Canada, the U.K. and Europe, Japan and the U.S. With decades of experience in award-winning wood flooring design, product development, manufacturing and service, we create quality flooring to last for generations through inspiring designs, product innovation and a deep commitment to outstanding customer service. Armstrong Flooring 3840 Hempland Road Armstrong Flooring | Floor City Armstrong Flooring Residential However, a good portion of their flooring must be specially ordered. About AHF ProductsAHF Products is a leading hardwood flooring manufacturer in the USA with a family of trusted brands serving the residential and commercial hardwood and vinyl flooring markets. Our residential flooring brands include Bruce, Hartco, Robbins, LM Flooring , Capella, HomerWood, Hearthwood, Raintree, Autograph, Emily Morrow Home and tmbr. AHF has expanded again with the purchase of Armstrong Flooring, expected to be finalized July 22, that gives it Armstrong Flooring's North American assets, which include its operations on . Assets include three U.S. manufacturing facilitiesin Lancaster and Beech Creek, Pa., and Kankakee, Ill.as well as intellectual property, patents and inventory. Gordon Brothers also acquired the machinery and equipment assets in the Stillwater and Jackson, Mississippi plants for resale through a live auction and series of online sales. Get up to 5 Free Armstrong VCT Samples Size 12 in. Armstrong Commercial Flooring offers high-grade commercial floor-covering products that last a long time. West Hempfield Township-based AHF Products, a hardwood flooring manufacturer, has announced it has closed on the deal to purchase Armstrong Flooring. However, Armstrong distributor Tri-West Ltd., Santa Fe Springs, Calif., said it put together a backup plan with AHF Contract assuming there would be no Armstrong in the future. Washed Linen Standard Excelon Commercial Vinyl Tile (1080 sq. With this purchase, AHF now operates 11 manufacturing facilities, ten in the U.S. and one in Cambodia, and four domestic distribution facilities to serve customers through a multi-channel strategy that includes dealers, home centers, and distributors around the world. Headquartered in Mountville, Pennsylvania, with manufacturing operations across the United States and in Cambodia, AHF Products employs over 2,600 dedicated team members.Armstrong is a trademark of Armstrong World Industries, Inc. All other marks are owned by AHF, LLC, its affiliates, or subsidiaries. Our advantage is having more flooring in stock than local big-box stores. www.AHFProducts.com. AHF is primed to benefit from a strong, long-term outlook in both residential repair and remodel spend and new residential housing construction, and the benefits afforded by our strong domestic manufacturing capabilities. Where to Buy Where To Buy Find Stores Please Note: Not all retailers carry all products, Check with your retailer for availability. We use cookies and other tracking technologies to deliver the best experience while on our website. ft./pallet) Add to Cart. Our customers buy all different types of flooring, carpet, ceramic, stone, hardwood, solid hardwood, engineered hardwood, vinyl and sheet vinyl. We stepped in during a pivotal moment and developed a holistic, strategic solution to facilitate the manufacturers transition to AHF Products saving jobs, said Rob Gould, Managing Director, Commercial & Industrial at Gordon Brothers. Weekly Lancaster County restaurant inspections from the PA Department of Agriculture. . This purchase also significantly increases our position in the commercial flooring segment, which is expected to grow. We have seen incredible growth since our inception in 2019, and we are thrilled to be adding the venerable Armstrong Flooring brand to our powerful portfolio. Shape Square tile , , , , , , Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. Gordon Brothers With decades of experience in award-winning wood flooring design, product development, manufacturing, and service, the company creates quality flooring to last for generations through inspiring designs, product innovation and a deep commitment to outstanding customer service. Their expertise, guidance, and acquisition and disposition of certain assets helped make this purchase possible.. Some of the R&D will probably move over to the Lancaster plant and some other stuff move over to the Mountville office. A HF Products' $107 million purchase of Armstrong Flooring was finalized on July 26, bringing to close a tenuous period of negotiations over the past few weeks. Find the perfect commercial vinyl tile floor covering today when you shop online at Floor City! Colors range from vivid hues to quiet neutrals. With decades of experience in award-winning wood flooring design, product development, manufacturing, and service, the company creates quality flooring to last for generations through inspiring designs, product innovation and a deep commitment to outstanding customer service. As a blockchain enthusiast and early crypto adopter, he now helps web3 companies to develop communities and find the best ways to market their . Armstrong Flooring Flooring at Lowes.com AHF Products finalizes Armstrong Flooring purchase All rights reserved. All rights reserved. GDPR AHF has expanded again with the purchase of Armstrong Flooring, expected to be finalized July 22, that gives it Armstrong Floorings North American assets, which include its operations on Dillerville Road in Lancaster; Beech Creek Township, Pennsylvania; and Kankakee, Illinois. Three domestic distribution facilities serve customers through a multi-channel strategy that includes dealers, home centers and distributors.The purchase is expected to be finalized in the third quarter of 2022 and is subject to customary closing conditions. Luxury Vinyl Tile - Armstrong Flooring We have heavy lifting to do to stand this up. Gordon Brothers also acquired the machinery and equipment assets in the Stillwater and Jackson, Mississippi plants for resale through a live auction and series of online sales. AHF Products to Purchase Certain Assets of Armstrong Flooring Were interviewing folks right now, because we will have needs, but candidly well have more needs in the plants than we will in the offices., We wont use those facilities for our businesses. Even if you cant find stock locally, our flooring See available pickup and shipping options. Some former Armstrong Flooring employees have already began working for AHF Products. It might be a little clunky for awhile but its essential that we get this business to be profitable.. Some of those employees may move to AHF Products headquarters in West Hempfield Township, but most will not be needed, Carson said. Acquisition expands AHF footprint and sets the company & its customers up for profitability and growth. ArmstrongImperial Texture VCT 12 in. FlexStep Pro Vinyl Sheet G2921 - Armstrong Flooring Gordon Brothers Completes Armstrong Flooring Purchase - Yahoo Finance Store Directory - Armstrong Flooring 0 Stores Found Within 25 0 Stores Found View Map Back to List Oops! Its the newest ChicagoNeoCon opens for its 54th edition here at The Mart June 12-14, 2023, offering tens of thousands of attendees an insider look into the St. Marys, Ga.The National Wood Flooring Association (NWFA) has provided flooring for its 68th home in support of the Gary Sinise Foundation R.I.S.E. The decision to purchase certain assets of Armstrong Flooring keeps the venerable, century-old brand viable while simultaneously bolstering AHFs burgeoning portfolio. Gordon Brothers lends against and invests in brands, real estate, inventory, receivables, machinery, equipment and other assets, both together and individually, to provide clients liquidity solutions beyond its market-leading disposition and appraisal services. Armstrong - Vinyl Flooring - Flooring - The Home Depot I believe we can use these three plants into our other brands, or I wouldnt have made the investment., For those folks in the plant, were going to be bringing most of the folks back. Ceilings from Armstrong World Industries | Flooring from Armstrong Flooring ", "Today AHF offers 14 brands, including Armstrong Flooring, which allow us to expand our customer base and grow these manufacturing facilities," added Carson. | Ready to purchase? Among the best features of Armstrong floors is their adherence to low emission standards. The Armstrong Flooring assets and brand license is the latest for AHF Products. As of May, Armstrong Flooring had 606 employees in Lancaster County, which included about 390 who were assigned to the companys Greenfield headquarters and R&D center. 2021 AWI Licensing LLC and AFI Licensing LLC, All rights reserved. We prefer to see high levels of insider ownership. MOUNTVILLE, Pa., July 27, 2022 /PRNewswire/ -- AHF Products announced that it has closed the purchase of certain assets of Armstrong Flooring, Inc., including the rights to license the Armstrong Flooring brand name as well as the purchase of three U.S. manufacturing facilities, in Lancaster and Beech Creek, PA and in Kankakee, IL. . About Vion InvestmentsVion Investments, www.vioninv.com, headquartered in Atlanta, is a global provider of receivable investment services to businesses managing consumer and commercial receivables. Armstrong Flooring and the Armstrong Flooring logo are under license from AWI Licensing, LLC. With this purchase, AHF said it now operates 11 manufacturing facilities, 10 in the U.S. and one in Cambodia with four domestic distribution facilities to serve customers through a multi-channel strategy that includes dealers, home centers and distributors around the world. 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 Completes Armstrong Flooring Purchase - GlobeNewswire Free shipping for many products! The firm acquired Armstrong Floorings real estate in Stillwater, Oklahoma. A number of insiders bought Armstrong Flooring, Inc. (NYSE:AFI) stock Gordon Brothers Completes Armstrong Flooring Purchase The firm conducts more than $100 billion worth of dispositions and appraisals annually and provides both short- and long-term capital to clients undergoing transformation. Further, the companys domestic production capacity provides insulation from volatility around tariffs, duties and high shipping costs, which positions AHF Products to continue providing superior customer service given the dislocated global supply chain.AHF Products is well situated to continue its remarkable growth trajectory through continued innovation and industry-leading customer service. Save up to $100 on your qualifying purchase . AHF Products Completes Purchase of Certain Assets of Armstrong Flooring The Armstrong Flooring assets and brand license is the latest for AHF Products as it continues to grow both organically and through acquisition, continuing a strategy of serving its customers through sought-after products, outstanding service, and innovation. What Might The Insider Transactions At Armstrong. Domestic 1-yearDomestic 2-yearForeign 1-yearForeign 2-yearCanada 1-year. from 8 AM - 9 PM ET. Our global expertise and integrated service offering enables us to step into difficult situations requiring rapid decision making and a deep understanding of our clients business., 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. During his career he developed the (digital) marketing strategies of multinationals as 3M, Hasbro, Center Parcs, Euler Hermes, Coface,. Our global expertise and integrated service offering enables us to step into difficult situations requiring rapid decision making and a deep understanding of our clients business., 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. An additional shipping charge will apply if a convenient pickup location is unavailable in your area. Headquartered in Mountville, Pennsylvania, with manufacturing operations across the United States and in Cambodia, AHF Products employs over 2,600 dedicated team members.Armstrong is a trademark of Armstrong World Industries, Inc. All other marks are owned by AHF, LLC, its affiliates, or subsidiaries. Theres a sheet vinyl line in Lancaster that runs today, and we plan on continuing to run it. With its concentrated, no-rinse formula, you can mop your no-wax vinyl, ceramic, marble and stone floors without dulling them or leaving behind sticky residue. July 25, 2022 AHF Products announced today that it has closed the purchase of certain assets of Armstrong Flooring, Inc., including the rights to license the Armstrong Flooring brand name as well as the purchase of three U.S. manufacturing facilities, in Lancaster and Beech Creek, PA and in Kankakee, IL. Our advantage is having more flooring in stock than local big-box stores. Were trying to finalize shift schedules right now, but I think were going to need the vast, vast majority of them., Our business is a full business today. Please enable JavaScript to properly view our site. Headquartered in Mountville, Pennsylvania, with manufacturing operations across the United States and in Cambodia, AHF Products employs over 2,600 dedicated team members. | FlexStep Pro G2921 Selur Travertine Vinyl Sheet - Icing Baron 12 ft. What's next for Armstrong Flooring after it filed for bankruptcy? Here The companys commercial brands include Bruce Contract, Hartco Contract, AHF Contract and Parterre. Brian Carson, CEO and President, AHF Products said: "AHF is primed to benefit from a strong long-term outlook in both residential repair and remodel spend and new residential housing construction, and the benefits afforded by our strong domestic manufacturing capabilities. Armstrong is a trademark of Armstrong World Industries, Inc. All other marks are owned by AHF, LLC, its affiliates, or subsidiaries. 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 . x 1/8 in. floor covering retailers and distributors seeking a North American producer of laminate flooring and SPC will soon have a viable option Washington, D.C.As the National Association of Home Builders (NAHB) celebrates National Homeownership Month in June, more Americans are turning to new homes as existing Aliquippa, Pa.Ardex launched the Ardex System Selector, billed as an easy way to create a complete product system in no time. program AHF completes purchase of Armstrong Flooring. Its another brand that allows us to broaden our customer base and broadening our customer base is what allows us to bring more volumes to the plants to grow the plants.. Mit Ihrer Anmeldung erklren Sie sich damit einverstanden, Inhalte von uns zu erhalten. With decades of experience in award-winning wood flooring design, product development, manufacturing, and service, we create quality flooring to last for generations through inspiring designs, product innovation and a deep commitment to outstanding customer service. An email has been sent to with a link to confirm list signup. Our customers are distributors, retailers and foreign contractors. Armstrong Flooring Inc. Armstrong Flooring Portfolio Builder/Pro Flooring Flooring solutions for the professional. Simply Wall St Simply Wall St Published Jan 4, 2022 04:09AM EST Some of the losses seen by insiders who purchased US$201k worth of Armstrong Flooring, Inc. (NYSE:AFI) shares over the past year. Some products have minimum order quantities, but we ship to any commercial or residential location in the United States. 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. Even if you cant find stock locally, our flooring specialists are on standby, ready to help you locate flooring and immediately ship what you need direct to your home or job site. Click here to learn more about the role the Lancaster County Local Journalism Fund plays in Lancaster County and to make a tax-deductible donation. The Armstrong Flooring assets and brand license is the latest for AHF Products as it continues to grow both organically and through acquisition, continuing a strategy of serving its customers through sought-after products, outstanding service, and innovation. We will continue to be a leader and a one-stop-shop for our customers, said Carson.AHF Products continues to invest in U.S. manufacturing and this purchase expands AHF Products domestic footprint, enhancing the companys customer base, production efficiencies and logistical capabilities. AHF Products Completes Purchase of Certain Assets of Armstrong Flooring Armstrong brings a 14th brand. This purchase also significantly increases our position in the commercial flooring segment, which is expected to grow. AHF Products finalizes $107M sale of Armstrong Flooring assets We have seen incredible growth since our inception in 2019, and we are thrilled to be adding the venerable Armstrong Flooring brand to our powerful portfolio, he said. The firm acquired Armstrong Floorings real estate in Stillwater, Oklahoma. Armstrong VCT sheets and other products are known for their quick and easy installation and resilience to high-traffic and high-moisture areas. Find many great new & used options and get the best deals for Pokemon Action Replay DS Ultimate Cheats - Nintendo DS at the best online prices at eBay! The company manufactures flooring products in the US in Beech Creek, Pennsylvania; Jackson, . All rights reserved. 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 . The cost of Armstrong industrial flooring solutions starts at $1 per square foot for commercial vinyl flooring. October 26, 2022 14:00 ET At the end of the day, the Lancaster plant, the Kankakee plant and the Beech Creek plant make important products for this industry, they make necessary products. AHF Products announced today that it has closed the purchase of certain assets of Armstrong Flooring, Inc., including the rights to license the Armstrong Flooring brand name as well as the purchase of three U.S. manufacturing facilities, in Lancaster and Beech Creek, PA and in Kankakee, IL.Headquartered in Mountville, Pennsylvania, AHF Products is the largest hardwood flooring manufacturer in North America and has experienced rapid growth across a range of additional flooring categories, including vinyl plank, laminate, and commercial flooring products. The purchase includes the purchase and operation of three U.S. manufacturing facilities, in Lancaster and Beech Creek, PA and in Kankakee, IL.Our investments in new brands, products and capabilities, both organically and through acquisitions, has fueled our growth. For Brian Carson, the $107 million sale of Armstrong Flooring to AHF Products and Gordon Brothers Commercial & Industrial puts him in charge of an operation he knows from earlier in his career when Armstrong Flooring was part of Armstrong World Industries. AHF Products $107 million purchase of Armstrong Flooring was finalized on July 26, bringing to close a tenuous period of negotiations over the past few weeks.

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