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Armstrong wood flooring division sold; sale will not cause staff reduction at Beverly

By TIM MacVEAN

The Inter-Mountain

BEVERLY, W.Va.  — Armstrong Flooring officials announced Thursday the wood flooring division of the company has been sold to a private equity firm.

“Today, Armstrong Flooring announced a definitive agreement to sell its wood flooring business to an affiliate of American Industrial Partners (AIP), a private equity firm,” a Thursday press release from Armstrong Flooring officials stated. “AIP plans to operate the wood flooring business as a separate company and to continue to operate our six U.S. wood floor manufacturing plants with their current staff, including the plant in Beverly.”

“Armstrong Flooring, Inc., will become a resilient-focused flooring company, operating six U.S. resilient manufacturing plants, as well as plants in China and Australia,” the release continues.

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