Armstrong Union Workers Step Up Pressure

Beverly, W VA, March 18, 2011 -- Armstrong union workers in West Virginia rallied at a key production facility today to warn that labor problems could hurt the company's recovery.

In a press release, the union said that Armstrong's new management, directed by private equity, continues to make unacceptable demands.

The majority of Armstrong shares are held by TPG Capital, a Texas-based private equity and venture capital firm.

The protest comes on the heels of a warning letter sent to TPG Capital's institutional investors by C. Thomas Keegel, Teamsters General Secretary-Treasurer, detailing the potential for widespread work stoppages and product shortages.

At issue are employees' health care premiums and benefits.