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Armstrong Flooring, Inc. announced on December 11, 2020 the closure of its South Gate, California manufacturing facility “in furtherance of its tile manufacturing footprint optimization strategy.” The Company expects the Closure to be completed in the first quarter of 2021 and to result in the separation of approximately 58 employees. The Company estimates that it will incur pre-tax charges of approximately $6 million to $8 million consisting primarily of non-cash charges for the impairment of fixed assets, including related spare parts and contract termination fees. The Company also anticipates cash expenditures primarily related to previously accrued severance and employee separation costs of less than $1 million.
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