Armstrong Flooring is contemplating filing for bankruptcy, as of May 2, 2022. Company said that it is failed to find a buyer for the East Lampeter Township-headquartered company. There are interested buyers but unable to complete a deal and it now has a May 8, 2022, deadline.

Company further stated that no definitive decision has been made and no action has been approved by its board of directors but based on the discussions with company's lenders and the liquidity needs of the company, it is likely that the company will seek bankruptcy protection under Chapter 11 and will seek to implement one or more such transactions through a competitive sale process in bankruptcy.