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Saturday, 02/25/2012 6:19:24 AM

Saturday, February 25, 2012 6:19:24 AM

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Armstrong World Industries, Inc. (AWI) is a global producer of flooring products and ceiling systems for use primarily in the construction and renovation of residential, commercial and institutional buildings. The Company designs, manufactures and sells flooring products (primarily resilient and wood) and ceiling systems (primarily mineral fiber, fiberglass and metal) around the world. AWI also designs, manufactures and sells kitchen and bathroom cabinets in the United States. The Company operates in five business segments: Resilient Flooring, Wood Flooring, Building Products, Cabinets, and Unallocated Corporate. Its Resilient Flooring, Wood Flooring, Building Products and Cabinets segments sell products for use in the home. Its products are used in new home construction and existing home renovation work. Ceilings and Resilient Flooring, are used in commercial and institutional buildings. In November 2011, it acquired Intalite Inc.

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Never, invest with money you need to survive. Diversify, patience, set tight stops. $20 or less in commission fees is almost always cheaper than a 5-40%+ drop in share value.

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