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Armstrong Flooring Inc. said in Delaware bankruptcy court Monday that it had settled objections from nonunion retirees regarding benefits, a move that allowed a judge to give final approval to
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.
The company is working with the Lancaster Chamber of Commerce to organize a job fair for displaced workers.
By July 7, it appears likely Armstrong Flooring Inc. will either have named new owners or face a massive shutdown as its finances dwindle and it continues a bankruptcy auction
East Lampeter-Township-based Armstrong Flooring Inc. said this morning it has adjourned negotiations with bidders for its North American assets and the company as a whole.