Jessica Perry//May 9, 2017
A Salem County maker of flooring products has sold a product line, resulting in 80 layoffs, according to multiple published reports.Reports said Mannington Mills has sold its vinyl composition tile line to Lancaster, Pennsylvania-based Armstrong Flooring. As a result, some 40 hourly workers at its Mannington Township plant, and 40 salaried workers companywide, will lose their jobs.
“The decision to sell the business is in line with our long-term growth strategy, and opens up opportunities for us to invest in high-growth, high-profit markets and categories,” NJ Advance Media quoted CEO and President Russell Grizzle as saying. “It’s a good business decision. It would be a greater business decision if it didn’t affect people and the community.”
Mannington Mills has about 2,700 employees worldwide, the NJ.com report said.