Lendmark Financial opens York office 

Lawrenceville, Georgia-based Lendmark Financial Services, a provider of household credit and consumer loans, has opened a branch in York at 2180 White St. 

This is the company’s 29th location in Pennsylvania. Overall, it operates more than 430 branches in 19 states. Lendmark also numbers more than 11,000 retailers and independent auto dealerships among its clients. 

In addition to its digital and online banking offerings, Lendmark expects to serve more than 500 customers in the new branch during the first year while following social distancing and other Centers for Disease Control and Prevention COVID-19 guidelines. 

The manager of the branch is Chalana Southerland, who was promoted from within Lendmark. 

“Planned and unplanned life events still happen, causing many consumers to look for financial resources to meet these needs,” Bobby Aiken, CEO of Lendmark, said in a release. “Our team will be laser-focused on serving the York community, delivering personalized and convenient household credit solutions that meet their respective financial needs.” 

2021 net sales up 18% for Armstrong World Industries  

Armstrong World Industries Inc. reported Tuesday that its fourth-quarter net sales rose 18.3% from the year before and its operating income jumped 25.9%. 

For the full year 2021, net sales grew 18.1% — from $936.9 million to $1.107 billion — for the Lancaster-based designer and manufacturer of commercial and residential ceiling, wall and suspension system solutions. 

Adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) climbed 12.6% from 2020 to 2021. 

Operating income posted a smaller, 2% increase, going from $254.8 million to $260 million. 

“We delivered strong results in the fourth quarter that contributed to double-digit growth in full year net sales and EBITDA,” Vic Grizzle, Armstrong World Industries’ president and CEO, said in a release. “These results were driven by effective execution through an uneven market recovery and the continued strength of our total value proposition. These hallmarks of our company support our ability to more than offset inflationary pressures with our pricing strategies while maintaining investments in longer-term growth opportunities.” 

The company’s chief financial officer, Brian MacNeal, said in the release that Armstrong World Industries projects net sales growth of 10% to 13% and adjusted EBITDA growth of 10% to 16% in 2022.