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In 2009, Armstrong's annual net sales total was US$2.8 billion. [15] Matthew Espe became AWI president and CEO in July 2010. [16] In 2011, Armstrong's net sales were $2.86 billion, with operating income of $239.2 million. [17] Armstrong Cabinets was sold by Armstrong World Industries to American Industrial Partners on October 31, 2012.
Armstrong Flooring is a Pennsylvania corporation incorporated in 2016. It was spun off as an independent entity from Armstrong World Industries in April 2016. The company manufactures flooring products in the US in Beech Creek, Pennsylvania; Jackson, Mississippi; Kankakee, Illinois; Lancaster, Pennsylvania; South Gate, California; and Stillwater, Oklahoma; and internationally in Shanghai ...
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Armstrong Cork Company eventually moved its headquarters to Lancaster, Pennsylvania. The company's product lines evolved from cork products and Linoleum, to vinyl floors, acoustical ceiling products, and glassware in each of which industries it was at one time a leading producer and brand.
Still, Lowe's is trading below its target prices and not everyone is on board with the company's recent financial performance. Lowe's is trading at about $100 per share, with a consensus one-year ...
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