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Armstrong Produce history
Armstrong Produce company history timeline
In 1980 the corporate name was changed to Armstrong World Industries, Inc. to reflect its growing international operations and the fact that it was no longer based on the cork business.
In July 1989 Armstrong learned that the Belzberg family of Canada had acquired 9.85 percent of its stock and had announced the intention of gaining control of the company and selling its furniture and industrial products divisions.
In December 1989 Armstrong completed the sale of its carpet division, abandoning that business which was not producing an adequate return on investment, thus reducing annual sales by about $300 million.
In addition, in 1989 the company sold Applied Color Systems, a small digital color-processing-control business.
The Belzberg's stock ownership increased in 1990 to 11.7 percent.
In 1992 the company posted $165.5 million in restructuring charges, mainly to close four major manufacturing plants--two in the United States, one each in Canada and Belgium.
Momentous events proved to transform Armstrong during 1995.
When its numbers were adjusted to reflect only these ongoing businesses, Armstrong posted record net sales of $2.16 billion in 1996, while net earnings hit $155.9 million, an increase of 26 percent over the previous year.
In 1996 the company completed a joint venture ceiling plant in Shanghai and entered into joint ventures in Europe for the manufacture of soft-fiber and metal ceilings.
Photo: Kula Produce employees in 1996
In 1997 the company entered into a battle with Sommer Allibert S.A. over which company would take over Domco Inc., a Quebec-based maker of flooring products.
Photo: Armstrong Produce Honolulu's office in 2006
2006 - With the success of Kula Produce, Armstrong Produce expands into Hawaii Island, beginning Armstrong Produce Kona’s operations.
Photo: Armstrong Produce Kona's new warehouse groundbreaking in 2014
Photo: Armstrong Produce Kona's new warehouse in 2016
Photo: Sysco & FreshPoint executive team in 2019
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Armstrong Produce competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| United Salad Co. | 1941 | $170.0M | 400 | - |
| Global Produce Sales | - | $40.0M | 30 | - |
| Bunzl Distribution | 1983 | $450.0M | 3,625 | 218 |
| Western Power Sports | 1960 | $378.5M | 398 | - |
| Tsf Sportswear | 1975 | $97.7M | 50 | - |
| Krasdale Foods | 1908 | $110.0M | 530 | - |
| Southeast Foods LLC | - | $5.9M | 30 | - |
| Unified Grocers | 1922 | $3.8B | 2,400 | - |
| Greco and Sons | 1990 | $121.0M | 200 | - |
| Big Rock Sports | 1996 | $50.0M | 550 | - |
Armstrong Produce history FAQs
Zippia gives an in-depth look into the details of Armstrong Produce, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Armstrong Produce. The employee data is based on information from people who have self-reported their past or current employments at Armstrong Produce. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Armstrong Produce. The data presented on this page does not represent the view of Armstrong Produce and its employees or that of Zippia.
Armstrong Produce may also be known as or be related to Armstrong Produce, Armstrong Produce Ltd and Armstrong Produce, Ltd.