Armstrong World Industries : ® Templok® Energy Saving Ceilings Unlock Federal Tax Credits in Swinerton Builders’ Northwest Office

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Press Release July 09, 2026 Armstrong® Templok® Energy Saving Ceilings Unlock Federal Tax Credits in Swinerton Builders' Northwest Office LANCASTER, Pa. (July 9, 2026) - Armstrong World Industries, Inc., an Americas leader in the design and manufacture of innovative interior and exterior architectural applications, announced the Swinerton Inland Northwest office in Spokane, Washington, has leveraged federal tax credits through the installation of Templok® Energy Saving Ceilings. This installation marks a significant milestone in sustainable construction, demonstrating that phase change material (PCM) technology used in the Templok ceiling tiles can not only reduce operational energy use and carbon emissions but also provide a compelling financial benefit through the § 48E Clean Electricity Investment Tax Credit. Located within the Scott Morris Center for Energy Innovation on Spokane's South Landing Campus, owned by McKinstry-affiliate Emerald Initiative, LLC, the 9,000-square-foot Swinerton office features Armstrong® Ultima® Templok Energy Saving Ceilings. A 2025 study prepared by Ryan LLC, a global tax services firm, supports the view that Templok ceiling tiles may be a qualifying "thermal energy storage property" for purposes of the § 48E Clean Electricity Investment Tax Credit. The study evaluated Templok ceiling tiles and the associated suspension system, trim and labor, along with documents showing Templok ceiling tiles meet domestic content and Foreign Entity of Concern ("FEOC") requirements. Factors specific to this project brought the § 48E tax credit for the Swinerton renovation to more than $25 per square foot, resulting in savings of approximately 37% of the final project costs. "Phase change materials are listed as a qualifying thermal energy storage technology in the § 48E tax credit regulations," said Scott Stogsdill, Director of Federal Income Tax Consulting, Green Energy Incentives, Ryan LLC. "We were excited to see a taxpayer realize a dollar-for-dollar reduction in its tax liability after installing Templok ceiling tiles, in addition to the ROI from the efficiency benefits of this project." A Blueprint for Financial and Environmental Sustainability The installation was made possible through a strategic partnership between Armstrong and Overcast Innovations, a McKinstry-owned subsidiary. Swinerton piloted the Modular Grid Platform assembl...

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