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Profile: Armstrong World Industries Inc (AWI.N)

AWI.N on New York Stock Exchange

86.78USD
18 Apr 2019
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Armstrong World Industries, Inc. (AWI), incorporated on December 30, 1891, is a global producer of ceiling systems. The Company owns and operates the Building Products (Ceilings) segment. The Company designs, manufactures and sells ceiling systems (primarily mineral fiber, fiberglass wool and metal) around the world. Its products are used in commercial and institutional buildings. The Company's geographical segments include Americas (including Canada); Europe, Middle East and Africa (including Russia) (EMEA), and Pacific Rim. Its Americas segment sells products for use in single and multi-family housing. As of December 31, 2016, it had 15 manufacturing plants in eight countries, including six plants located throughout the United States.

The Company sells commercial products to building materials distributors re-selling its products to contractors, subcontractors' alliances, architect and design firms, and facility owners. Residential ceiling products are sold in the Americas primarily to wholesalers and retailers (including large home centers). Each segment also includes its Worthington Armstrong Venture (WAVE) joint venture, which manufactures suspension system (grid) products that are invoiced by both the Company and WAVE. In each of its segments, WAVE primarily sells its suspension system products directly to customers, for which it provides sales and administrative support. WAVE sells its suspension systems products to it for resale to customers.

The Company competes with Saint-Gobain, Rockwool International, Georgia-Pacific Corporation, Knauf AMF GmbH & Co. KG, Lafarge SA, Odenwald Faserplattenwerk GmbH and USG Corporation.

Company Address

Armstrong World Industries Inc

2500 COLUMBIA AVE
LANCASTER   PA   17603-4117
P: +1717.3970611

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