[Regarding "Armstrong Flooring enters bankruptcy, blames rising costs," Page 13]: This could be an opportunity for a U.S. company or Armstrong to reorganize and do something smart.
They can move operations back to the USA where most of their customers are and eliminate expensive ocean transportation forever. In our study ocean shipping is a major cost for this kind of product a U.S. producer can avoid.
Their feedstock and energy costs outside the USA today are much higher than inside the USA.
Eliminating the 7,000 miles of transportation of energy to China from Middle East and the 10,000-15,000 miles of dirty ocean transportation to send finished product to the USA makes it more sustainable.
Thoughts to ponder. We have data to help justify.
Shale Crescent USA