At the union’s request, bidding procedures were amended to make sure a “going-concern” buyer states its position on employee contracts, retiree benefits and pensions.
The former Flexsteel furniture plant in East Lampeter Township has been sold to a growing Lancaster County logistics firm, Way Services Inc., for $5.3 million, more than twice what an
Armstrong Flooring Inc. faces increasing pressure to sell or make another “strategic transaction” as financial deadlines loom, leaving the future of 500 local jobs and the 160-year-old company in question.