Armstrong Holdings Inc. reported that its chief operating subsidiary, Armstrong World Industries, had eliminated 56 corporate and line-of-business staff positions as a result of streamlining the organization to more accurately reflect staffing needs for current business conditions.
Building-products manufacturer Johns Manville, which recently called off a planned sale to an investment group, has agreed to be acquired for more than $1.9 billion by Berkshire Hathaway Inc., an investment company headed by billionaire Warren Buffett.
Foamex International Inc. announced that Virginia A. Kamsky, chairman of the board of Kamsky Associates Inc., has been elected to the Foamex board of directors.
Forbo Holding AG, a manufacturer of linoleum flooring, said it agreed to sell its coated textile business to closely held Ferrari Group of France to focus on its main products.
The board of directors of American Biltrite Inc. has authorized the purchase, from time-to-time, of as much as $5 million of the outstanding Class A common shares of Congoleum Corp.
Randy Gum, vice president of sales for Midwest distributor Misco Shawnee Inc., will become the company’s president this month when Paul Murfin departs to assume the reins as new president of Bona Kemi USA.