The Lancaster-based Armstrong floor sells for $ 107 million

Armstrong Floring is for sale. The Lancaster-based company has announced a $ 107 million deal with buyers. The trial is set to begin on Tuesday. Armstrong said the deal would open a Lancaster factory. The company went bankrupt in May. He hoped not to close any facilities, but jobs in Mississippi and Oklahoma were to be closed.

Armstrong Flooring is on sale.

The Lancaster-based company said it had reached a $ 107 million deal with the buyers’ association.

Under the terms of the agreement, AHF, LLC and Gordon Brothers will take over most of the company’s North American assets.

A Delaware bankruptcy court judge must approve the sale before it can end.

A hearing is scheduled for Tuesday.

Armstrong said the deal would open the Lancaster plant.

The company went bankrupt in May. He hoped not to close any facilities, but jobs in Mississippi and Oklahoma were to be closed.

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