Armstrong Flooring Inc. is selling its the wood flooring business, including the Bruce and Homewood, brands, to an affiliate of American Industrial Partners.
american industrial partners
American Industrial Partners named Larry Denbrock president and CEO of acpi. Formerly known as Armstrong Cabinets, acpi is one of the largest kitchen cabinet manufacturers in North America, selling under the Echelon Cabinetry and Advanta Cabinets brands.
Armstrong World Industries, Inc. (NYSE: AWI) third quarter earnings rose 5% to $729.7 million, the increase driven primarily by residential wood flooring sales.
Painted Cabinets from Armstrong Cabinet Products, recently purchased by American Industrial Partners and operating under the name of ACProducts, Inc. offers 2013 color choices that make for some good-looking kitchens.
The parent company of Armstrong Cabinet/ACProducts and Northwest Hardwoods has added another firm to its building products portfolio. American Industrial Partners has acquired the operating assets of Potomac Supply Corp., a softwood mill and wood treatment service supplier in Kinsale, VA.
ACProducts, formerly Armstrong Cabinets, has an exclusive contract with Home Properties Inc. to supply cabinetry for its apartment buildings. This is the first major contract announced since AIP acquired Armstrong World's cabinet business.
Armstrong Cabinet Products becomes ACProducts as investor group American Industrial Partners, owners of Northwest Hardwoods, acquires Armstrong's 750 employee operation.