Never go wrong when you choose Armstrong for your floor-covering needs. It was spun off as an independent entity from Armstrong World Industries in April 2016. Our customers are distributors, retailers and foreign contractors. . All rights reserved. All rights reserved. Among the best features of Armstrong floors is their adherence to low emission standards. AHF Products finalizes Armstrong Flooring purchase Like in any investment theres risk associated with it and theres risks associated here, but we think we can improve it and we thought it was a good investment. Gordon Brothers Completes Armstrong Flooring Purchase - GlobeNewswire Armstrong Flooring is best for residential and commercial applications, offering high-quality commercial-grade vinyl sheet and luxury vinyl flooring collections with various tile, stone, and slate looks. Browse our new online flooring showroom and take a virtual tour through our interactive Armstrong Flooring catalog. Mountville, Pa.AHF Products 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, Ill.. Headquartered here, AHF Products is the largest hardwood flooring manufacturer in North America and has . from 8 AM - 9 PM ET. 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. AHF 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. Best Things To Do in Grand Est, France | France Bucket List 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. She started at Armstrong in2008 and came over in the carve out. 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. www.AHFProducts.com. 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. Armstrong Flooring Vinyl Flooring at Lowes.com Two distributors reached by FCNews declined comment or said it was premature to ascertain the full scope of the purchase as details were still being sorted out. Since 1903, Gordon Brothers (www.gordonbrothers.com) has helped lenders, management teams, advisors and investors move forward through change. 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. GDPR We have heavy lifting to do to stand this up. The decision to purchase certain assets of Armstrong Flooring keeps the venerable, century-old brand viable while simultaneously bolstering AHF's burgeoning portfolio. Headquartered in Mountville, Pa., AHF Products is a leader in hardwood, vinyl plank, laminate and commercial products. 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. The firm is headquartered in Boston, with over 30 offices across five continents. Boston, MA 02199 Armstrong Flooring to be sold for $107 million; Lancaster plant to 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. By signing up you agree to receive content from us. 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. Carson, meanwhile, is a former 16-year executive for Armstrong World Industries, which spun off Armstrong Flooring in 2016. AHF Products previously acquired LM Flooring in 2019, followed by Parterre Flooring and American OEM in 2021. Lancaster, PA, July 22, 2022-"A court fight over the use of the Armstrong name threatens to derail the $203 million sale of bankrupt Armstrong Flooring, throwing the future of hundreds of. 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. Some former Armstrong Flooring employees have already began working for AHF Products. Mit Ihrer Anmeldung erklren Sie sich damit einverstanden, Inhalte von uns zu erhalten. 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. 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. As the business grows, the jobs grow. 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. 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 . NEW! Armstrong Flooring, Inc. (NYSE:AFI) insiders are still down US$94k 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. First and foremost, AHF Toronto, Ontario, CanadaU.S. AHF Products closes on deal to purchase Armstrong Flooring - PennLive West Hempfield Township-based AHF Products, a hardwood flooring manufacturer, has announced it has closed on the deal to purchase Armstrong Flooring. Armstrong Flooring Gordon Brothers, the global advisory, restructuring and investment firm, has completed the purchase of a substantial portion of Armstrong Flooring Inc.s assets. Its the profitability that enables the growth. , , , , , , Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. 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. Enter your project zip code. 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. The firm brings a powerful combination of expertise and capital to clients, developing customized solutions on an integrated or standalone basis across four services areas: valuations, dispositions, financing and investment. The purchase allowed for continued operation of three Armstrong Flooring 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. FlexStep Pro Vinyl Sheet G2921 - Armstrong Flooring The firm acquired Armstrong Floorings real estate in Stillwater, Oklahoma. However, a Delaware bankruptcy court judge dismissed Armstrong World Industries arguments, saying the company hadnt formally objected in time to the sale of Armstrong Flooring, which included the rights to the storied name. Weekly Lancaster County restaurant inspections from the PA Department of Agriculture. We have customer service, human resources, all those different types of functions, so in many cases some of those support functions are duplicative. 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 . The companys commercial brands include Bruce Contract, Hartco Contract, AHF Contract and Parterre. 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. Our luxury vinyl tile creates stunning floors that are meticulously designed to look like hardwood or stone, and built to endure the busiest lifestyles. 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. The restaurant was where Armstrong Flooring employees used to fill the tables at lunchtime years ago. The bid, auction and sale process was held privately under bankruptcy court rules, but recent documents filed in the case provide insight into how the deal was made. | 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. 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. 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. The firm acquired Armstrong Floorings real estate in Stillwater, Oklahoma. 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. by 1/8 in. 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. Armstrong - Vinyl Flooring - Flooring - The Home Depot AHF Products told Lancasteronline.com that more than 90% of the 200-plus employees at Armstrong Floorings Dillerville Road plant will stay. AHF Products to Purchase Certain Assets of Armstrong Flooring Armstrong Flooring Inc. Armstrong Flooring Portfolio Builder/Pro Flooring Flooring solutions for the professional. Mountville, Pa.AHF Products introduced two new engineered hardwood collections under theHartcobrand:Dutton Pass and Woodland Traditionalist,available this spring and ready to ship. www.AHFProducts.com. Located in Mulhouse, southern Alsace, La Cit de l'Automobile is one of the best Grand Est attractions for kids and adults. There was an error processing your request. 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. AHF would not say how many people might be displaced in the transaction. 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. , . Armstrong was a business we knew. The real estate transactions were posted in August. SUMMARY OF QUALIFICATIONS<br> Staff development and leadership<br> Work closely with technology, operational service (Customer Care, Manual Verification, Sales and Collection), fraud, credit risk and analytics to implement core framework <br> Access the functional solutions, ensure comprehensive user acceptance testing.<br> Successfully in creating and implementing strategic plans, setting and . We share common customers in many cases. The Armstrong brand, and all the other brands are important to the industry and these plants are wonderful assets. Mountville, Pa.AHF Products 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, Ill. Headquartered here, 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. Headquartered in Mountville, Pennsylvania, with manufacturing operations across the United States and in Cambodia, AHF Products employs over 2,600 dedicated team members. Please enable JavaScript to properly view our site. 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. Please Note: Not all retailers carry all products, Check with your retailer for availability. Though Armstrong distributor warehouses are located near most major cities, you can conveniently shop here at Floor City for Armstrong Flooring. A store associate will contact you within 48 hours. read more. Luxury Vinyl Tile - Armstrong Flooring The deal includes the rights to license . Its a business we thought we could bring value to. x 1/8 in. Distances are estimates only and may vary. Armstrong Flooring Imperial Texture VCT 12 in. x 12 in. Gentian Blue Furthermore, it now operates 11 manufacturing facilities10 in the U.S. and one in Cambodiaand four domestic distribution facilities to serve customers through a multi-channel strategy that includes dealers, home centers and distributors around the world. 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. Our advantage is having more flooring in stock than local big-box stores. We use cookies and other tracking technologies to deliver the best experience while on our website. 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. That is, and will continue to be, our strategy moving forward, said Brian Carson, President and CEO, AHF Products. Armstrong - Flooring - The Home Depot The technology will be used in Armstrong products as well as in AHF brands. 800 Boylston Street BLAINE SHAHAN | Staff Photographer Understanding the two new. Domestic 1-yearDomestic 2-yearForeign 1-yearForeign 2-yearCanada 1-year. All rights reserved. Pokemon Action Replay DS Ultimate Cheats - Nintendo DS | eBay AHF Products Completes Purchase of Certain Assets of Armstrong Flooring It looks like your geolocation services are disabled. From time-worn wood to modern marble, enjoy nature's diverse beauty throughout your home in the kitchen, bath, basement and beyond. 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. Morning Dove Amber Sagebrush Putty White Vague Fog Lapis Plush Black Popular Articles. Armstrong brings a 14th brand. 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. This purchase also significantly increases our position in the commercial flooring segment, which is expected to grow. closed the purchase of certain assets of Armstrong Flooring, Inc. Mohawks UltraWood named Good Design Winner, Emser releases outdoor living collections, AHF unveils Hartco Dutton Pass and Woodland Traditionalist, Triforest brand Toucan Flooring takes flight, Low inventory fuels buyer interest in new homes, Ardex releases System Selector digital advisor, NWFA completes 68th home with Gary Sinise Foundation, Armstrong Flooring American Charm now available. By browsing our website, you consent to our use of cookies and other tracking technologies. AHF Products previously acquired LM Flooring in 2019, followed by Parterre Flooring and American OEM in 2021. Succession's Jesse Armstrong, Jeremy Strong on Waystar RoyCo's New CEO Some of those employees may move to AHF Products headquarters in West Hempfield Township, but most will not be needed, Carson said. 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. View original content:https://www.prnewswire.com/news-releases/ahf-products-completes-purchase-of-certain-assets-of-armstrong-flooring-301593923.html, Plus500. Rather than have a plant as a brand, a plant can be many brands, which allows you to really grow and have more pipelines into the marketplace in order to grow the plants. "Purchasing these assets is important and transformative to AHF and to the people that work in the plant locations and in those communities. Armstrong key purchase for AHF | Local News | daily-journal.com 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. We sell Armstrong products directly, with no account required to make a purchase. 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 decision to purchase certain assets of Armstrong Flooring keeps the venerable, century-old brand viable while simultaneously bolstering AHFs burgeoning portfolio. All rights reserved. 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.Today AHF offers 14 brands, including Armstrong Flooring, which allow us to expand our customer base and grow these manufacturing facilities, added Carson.
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