Armstrong World Industries Completes Acquisition of Steel Ceilings, Inc.

October 2018

Armstrong World Industries, Inc. has completed the acquisition of Steel Ceilings, Inc., a manufacturer of standard and custom aluminum and stainless metal ceilings that include architectural, radiant and security solutions. SCI has annual sales of approximately $10 million. This acquisition advances AWI’s strategy to aggressively penetrate the architectural specialties segment and provide additional capabilities to sell into more spaces and sell more into every space. SCI is located in Johnstown, Ohio, near Columbus.
    
AWI will continue to serve existing SCI customers out of the Ohio facility. AWI funded the acquisition with available cash. Financial terms of the transaction were not disclosed.