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Armstrong World Industries, Inc. - AWI STOCK NEWS

Welcome to our dedicated page for Armstrong World Industries news (Ticker: AWI), a resource for investors and traders seeking the latest updates and insights on Armstrong World Industries stock.

Armstrong World Industries, Inc. (AWI) is a global leader in the design and manufacture of innovative commercial and residential ceiling, wall, and suspension system solutions. With over 3,700 employees and fiscal 2015 revenues from ceiling operations exceeding $1.2 billion, AWI operates from a global manufacturing network of 24 facilities, including nine plants dedicated to its WAVE joint venture.

AWI’s commitment to collaboration and innovation has consistently driven the development of advanced ceiling solutions that significantly enhance everyday environments. Their products are not only aesthetically pleasing but also provide acoustical properties to control sound and noise within various spaces. AWI's portfolio includes mineral fiber, fiberglass wool, metal, wood, wood fiber, glass-reinforced gypsum, and felt.

The company also manufactures ceiling suspension systems through its joint venture with Worthington Industries, Inc., known as Worthington Armstrong Venture (WAVE). AWI's solutions enhance comfort, save time, improve building efficiency, and create beautiful spaces, making a positive impact in settings where people live, work, learn, heal, and play.

As a key player in the interiors market, AWI’s products are integral to numerous construction projects, ranging from offices and schools to healthcare facilities and entertainment venues. The company's latest achievements and ongoing projects reflect its dedication to quality and innovation in creating environments that are both functional and visually appealing.

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Armstrong World Industries (NYSE: AWI), a key player in ceiling and wall solutions, has been named one of the Best Companies to Work For in Manufacturing by U.S. News & World Report for the second straight year.

CEO Vic Grizzle attributes this recognition to the company's focus on fostering teamwork, inclusivity, and well-being. U.S. News assessed several workplace factors, including compensation, benefits, work-life balance, and career development, across 549 companies in the Russell 3000 index.

This achievement underscores Armstrong's commitment to creating a supportive work environment that enhances employee satisfaction and contributes to long-term success.

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Armstrong World Industries (AWI) has released its fourth annual sustainability report, 'Building Better Together.' The 2023 report showcases notable progress towards AWI's 2030 sustainability targets, focusing on Healthy and Circular Products, Healthy Planet, and Thriving People and Communities.

Key achievements include 61% of total product sales and 80% of Mineral Fiber product sales being free of chemicals of concern, a 12% reduction in Scope 1 and Scope 2 emissions from the 2019 baseline, and increasing renewable electricity sourcing to 17% from 0% in 2019.

Additional highlights include support for 75 community organizations and a 21% reduction in the total recordable injury rate compared to the previous year. The introduction of energy-saving Ultima® Templok® ceiling panels marks AWI's commitment to innovative and sustainable solutions.

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Armstrong World Industries (NYSE: AWI) has introduced new Ultima® Low Embodied Carbon (LEC) ceiling panels, aimed at reducing the environmental impact of commercial buildings.

These panels, along with the recently launched Ultima® Templok®, focus on minimizing operational and embodied carbon through innovative technologies like wood-based biochar. Ultima LEC panels offer a 43% reduction in embodied carbon and are USDA-verified as 100% biobased content.

These products support decarbonization and circularity in building design, construction, and operation. AWI also provides tools and services like ProjectWorks™ to enhance labor efficiency and reduce material waste. The company has a longstanding commitment to sustainability, including a ceiling tile recycling program that has diverted 220 million square feet of old materials from landfills.

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Armstrong World Industries, a leader in ceiling and wall solutions, will attend the Bank of America Transportation, Airlines and Industrials Conference on May 15, 2024. President & CEO Vic Grizzle and CFO Chris Calzaretta will host investor meetings. An updated Investor Presentation will be available on May 15 on the company's Investor Relations website.

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Armstrong World Industries, Inc. (NYSE:AWI) reported record-setting first-quarter 2024 results with a 5% increase in net sales, 23% rise in operating income, and 31% surge in diluted net earnings per share. The company announced the acquisition of 3form, to expand Architectural Specialties portfolio. Full-year 2024 guidance has been raised, reflecting strong sales and earnings growth.

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Armstrong World Industries, Inc. (NYSE:AWI) has acquired 3form, , a leading designer of architectural resins and glass, to enhance its Architectural Specialties portfolio. 3form brings unique materials, design capabilities, and sustainable solutions to transform spaces, expanding Armstrong's ability to provide innovative solutions to architects and designers.

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Armstrong World Industries, Inc. (NYSE:AWI) has announced a quarterly cash dividend of $0.28 per share of common stock. The dividend will be paid on May 23, 2024, to stockholders of record as of May 9, 2024. Future dividends and capital allocations are subject to the Board of Directors' discretion based on the company's financial performance.
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Armstrong World Industries, Inc. (NYSE:AWI) will announce its first-quarter 2024 results on April 30, followed by a conference call. The company specializes in ceiling and wall solutions in the Americas.
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Armstrong World Industries, Inc. appoints Dawn Kirchner-King as SVP, chief human resources officer, bringing over 30 years of experience to lead the company's people strategy and foster a culture of excellence and inclusivity.
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Armstrong World Industries, Inc. (AWI) President & CEO Vic Grizzle and CFO Chris Calzaretta will host virtual investor meetings at the 5th Annual Loop Investor Conference. Armstrong has released an updated Investor Presentation for the event.
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FAQ

What is the current stock price of Armstrong World Industries (AWI)?

The current stock price of Armstrong World Industries (AWI) is $142.88 as of December 20, 2024.

What is the market cap of Armstrong World Industries (AWI)?

The market cap of Armstrong World Industries (AWI) is approximately 6.2B.

What does Armstrong World Industries, Inc. specialize in?

Armstrong World Industries specializes in the design and manufacture of innovative commercial and residential ceiling, wall, and suspension system solutions.

How many employees does Armstrong World Industries, Inc. have?

Armstrong World Industries has over 3,700 employees.

What are some of the materials used in AWI’s products?

The materials used include mineral fiber, fiberglass wool, metal, wood, wood fiber, glass-reinforced gypsum, and felt.

What is the Worthington Armstrong Venture (WAVE)?

The Worthington Armstrong Venture (WAVE) is a joint venture between Armstrong World Industries and Worthington Industries, Inc. that manufactures ceiling suspension system (grid) products.

How many manufacturing facilities does AWI operate?

AWI operates a global manufacturing network of 24 facilities, including nine plants dedicated to the WAVE joint venture.

What are some benefits of AWI's ceiling solutions?

AWI's ceiling solutions help enhance comfort, save time, improve building efficiency, control sound and noise, and create beautiful spaces.

In which sectors are AWI’s products commonly used?

AWI's products are commonly used in offices, schools, healthcare facilities, and entertainment venues.

What was AWI's revenue from ceiling operations in 2015?

AWI's revenue from ceiling operations exceeded $1.2 billion in 2015.

How does AWI contribute to building efficiency?

AWI contributes to building efficiency by providing interior solutions that enhance overall performance and functionality.

What are the acoustical properties of AWI’s ceilings?

AWI's ceilings have acoustical properties that help control sound and noise within various spaces.

Armstrong World Industries, Inc.

NYSE:AWI

AWI Rankings

AWI Stock Data

6.20B
42.96M
1.44%
102.06%
1.46%
Building Products & Equipment
Plastics Products, Nec
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United States of America
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