A spokeswoman said employees watched a 12-minute videotape in which Michael D. Lockhart, the company chairman and chief executive officer, explained what the filing means to the company and its employees. They were also handed a booklet which explains the action by answering several frequently asked questions. Naturally, we will continue to review all of our operations as part of the normal process of evaluating our business. Decisions regarding employment and operations will continue to be made on the basis of what is in the best interest of the company. Michael J. Alt, a 25-year employee who works in the tile department, said he isn't concerned about his future with Armstrong .
Business is great.
It's just that the asbestos is killing them. Jim Fry, who has worked for Armstrong for 28 years, blamed the company's problems on the legal system. The courts have allowed everyone to sue companies into oblivion. Jeff Johnson, a marketing manager for commercial flooring, said Armstrong has tried to stave off asbestos lawsuits throughout his 13-year tenure. This is history in the making.