Haworth shuts down North Carolina furniture plant in consolidation effort

HIGH POINT, N.C. – Office furniture giant Haworth – number 7 on the FDMC 300 – has closed one of its furniture manufacturing facilies in North Carolina. The closure is part of a consolidation effort.
“This decision was motivated by
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Kimball International Inc. (KBAL) Soars 2.3% on February 24

Kimball International Inc. (KBAL) had a good day on the market for Wednesday February 24 as shares jumped 2.3% to close at $12.92. About 255,806 shares traded hands on 2,763 trades for the day, compared with an average daily volume … Read more

HNI Corporation (HNI) Soars 3.46% on February 24

HNI Corporation (HNI) had a good day on the market for Wednesday February 24 as shares jumped 3.46% to close at $37.67. About 243,951 shares traded hands on 3,249 trades for the day, compared with an average daily volume of … Read more

Herman Miller Inc. (MLHR) Soars 3.07% on February 24

Herman Miller Inc. (MLHR) had a good day on the market for Wednesday February 24 as shares jumped 3.07% to close at $39.60. About 288,352 shares traded hands on 3,873 trades for the day, compared with an average daily volume … Read more

Trendway adds independent reps in Canada

Trendway added a pair of independent sales rep groups in Ontario and Quebec, continuing its expansion into Canada.

The Holland-based furniture manufacturer, which is part of Itasca, Illinois-based Fellowes Brands through its Fellowes Contract Interiors division, said last week that … Read more

La-Z-Boy ramps production to shorten up to 9-month lead times

Dive Brief:

  • La-Z-Boy is working to cut down “unprecedented” lead times of five to nine months by increasing production capacity “as quickly as possible,” CEO Kurt Darrow said on an earnings call this month.
  • The company said it is communicating
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La-Z-Boy elevates CFO Melinda Whittington to CEO

Furniture manufacturer La-Z-Boy Incorporated has named its chief financial officer Melinda D. Whittington to succeed retiring President and Chief Executive Officer Kurt L. Darrow, effective April 25.

Darrow will remain chairman of the Monroe, Michigan-based company’s board of directors. Whittington … Read more

Net zero Steelcase announces goal to be carbon negative by 2030

After achieving carbon neutrality across its operations, Steelcase is now targeting new goals to be carbon negative by 2030.

Motivated by the urgency of climate change, Steelcase expanded upon its existing renewable energy commitments with the purchase of carbon offsets. … Read more

La-Z-Boy’s CFO Prepares to Become CEO Amid Surge in Furniture Buying

La-Z-Boy Inc.’s finance chief is preparing to take the furniture maker’s helm as the company confronts a surge in demand and faces longer-term questions on how it will continue growing after the pandemic home-improvement craze ends.

The Monroe, Mich.-based … Read more

La-Z-Boy keeps adapting

MONROE, Mich. – La-Z-Boy’s recently announced fiscal third-quarter results again painted a picture of the opportunities and challenges facing the furniture industry as a whole.

In a conference call with analysts and a follow-up interview with Furniture Today, outgoing CEO … Read more