Armstrong Announces Purchase of Minority Interest in Armstrong World Industries A.B.
Armstrong Enterprises was not part of Armstrong World Industries' Chapter 11 filing in December 2000.
Armstrong's plant in Umea, Sweden produces vinyl flooring products, including the successful Timberline and Translations lines for the North American market, and safety floors for the European market.
Gerard L. Glenn, CEO of Armstrong DLW Europe said, ``This investment by Armstrong is evidence of Armstrong's long-term commitment to flooring in Europe and a sign of our confidence in the management and employees of our European flooring operations. We at Armstrong have appreciated the cooperation of Skanska in improving the value of our business in Sweden for both Skanska and Armstrong.''