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By Tim Mekeel, Lancaster New Era, Pa. Knight Ridder/Tribune Business News
Nov. 12--On the northern edge of the city sits an industrial ghost town.
Decaying, contaminated and largely vacant, Armstrong World Industries' Lancaster floor plant is an inefficient relic.
Its present is grim. Its future is worse.
Armstrong announced last week that another 450 jobs there will be eliminated, leaving just 250 workers -- less than a tenth of its post-war peak -- on a corner of the sprawling site.
And the chances of any other business redeveloping the vacated section of the site and replacing those lost jobs are bleak at best, company documents suggest.
Citing the property's decrepit condition, Armstrong says the site needs $51 million worth of demolition and environmental cleanup work to become marketable to another company.
And because of its dire shape, Armstrong wants the site's real estate assessment slashed to a token $1, making the floor plant the only major factory here with no…
Source: HighBeam Research, Flooring firm unlikely to refill jobs at Lancaster, Pa., plant.