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In 2011, Armstrong's net sales were $2.86 billion, with operating income of $239.2 million. [17] Armstrong Cabinets was sold by Armstrong World Industries to American Industrial Partners on October 31, 2012. Armstrong spun off its flooring business into a new company, Armstrong Flooring (NYSE: AFI) on April 1, 2016.
Armstrong Flooring is a Pennsylvania corporation incorporated in 2016. It was spun off as an independent entity from Armstrong World Industries in April 2016. The company manufactures flooring products in the US in Beech Creek, Pennsylvania; Jackson, Mississippi; Kankakee, Illinois; Lancaster, Pennsylvania; South Gate, California; and Stillwater, Oklahoma; and internationally in Shanghai ...
A related government intervention to price floor, which is also a price control, is the price ceiling; it sets the maximum price that can legally be charged for a good or service, with a common example being rent control. A price ceiling is a price control, or limit, on how high a price is charged for a product, commodity, or service.
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A price ceiling is a government- or group-imposed price control, or limit, on how high a price is charged for a product, commodity, or service. Governments use price ...
In 2012, Armstrong offered 2016: Obama's America for free to its customers. In that same year, Armstrong donated over $1 million in the form of "in-kind cable access" to American Crossroads, a Republican Super PAC. [2] Armstrong also donated $40,000 to Fight for the Dream PAC, a Super PAC that opposed the re-election of Senator Bob Casey. [3]
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