Armstrong Flooring Completes Sale of South Gate, California Property for $76.7 Million
March 11 2021 - 7:00AM
Armstrong Flooring, Inc. (NYSE: AFI) (“Armstrong Flooring” or the
“Company”), a leader in the design and manufacture of innovative
flooring solutions, announced today that it has completed the
previously announced sale of its production facility, warehouse and
real estate property located in South Gate, California on March 10,
2021.
About Armstrong Flooring
Armstrong Flooring, Inc. (NYSE: AFI) is a
leading global manufacturer of flooring products and one of the
industry’s most trusted and celebrated brands. The company
continually builds on its resilient, 150-year legacy by delivering
on its mission to create a stronger future for customers through
adaptive and inventive solutions. Headquartered in Lancaster,
Pennsylvania, Armstrong Flooring safely and responsibly operates
eight manufacturing facilities globally. Learn more at
www.armstrongflooring.com.
Forward-Looking Statements
Disclosures in this release, including those
relating to the sale, proceeds and expected closing of the
transaction, as well as expected operational synergies, and in our
other public documents and comments contain forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995. Those statements provide our future
expectations or forecasts and can be identified by our use of words
such as “anticipate,” “estimate,” “expect,” “project,” “intend,”
“plan,” “believe,” “outlook,” “target,” “predict,” “may,” “will,”
“would,” “could,” “should,” “seek,” and other words or phrases of
similar meaning in connection with any discussion of future
operating or financial performance. Forward-looking statements, by
their nature, address matters that are uncertain and involve risks
because they relate to events and depend on circumstances that may
or may not occur in the future. As a result, our actual results may
differ materially from our expected results and from those
expressed in our forward looking statements. A more detailed
discussion of the risks and uncertainties that could cause our
actual results to differ materially from those projected,
anticipated, or implied is included in our reports filed with the
U.S. Securities and Exchange Commission. Forward-looking statements
speak only as of the date they are made.
Contact
InformationInvestors:Amy TrojanowskiSVP, Chief Financial
Officerir@armstrongflooring.com
Media: Alison van HarskampDirector, Corporate
Communicationsaficorporatecommunications@armstrongflooring.com
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