Employees will own Norwalk Furniture on September 1

Thursday, 19 August, 2021

NORWALK, Ohio – Norwalk Furniture has entered into an agreement to transition to an employee stock ownership program (ESOP), effective Sept. 1. The custom upholstered furniture manufacturer currently has 275 full-time employees at the 440,000-square-foot facility located in Norwalk, Ohio.

Steelcase, Kontrol Team Up To Provide Air Quality Monitoring, Viral Detection Technology

Monday, 16 August, 2021

Steelcase has formed an exclusive agreement with Kontrol Technologies Corp. to offer customers in the U.S. and Canada access to Kontrol BioCloud® viral detection technology. Kontrol will offer its air quality monitoring device exclusively in the contract furniture market through Steelcase’s extensive dealer network. BioCloud provides real-time detection of airborne pathogens such as SARS-CoV-2.

Martela Corporation’s Half Year Report 1 January – 30 June 2021

Friday, 13 August, 2021

The January–June 2021 revenue and operating result decreased compared to previous year.

April–June 2021

  • Revenue was EUR 18.6 million (20.6), representing a change of -9.8 %
  • Operating result was EUR -2.0 million (0.0)
  • Operating profit per revenue was -10.6 % (0.0%)
  • The result for the period was EUR -2.1 million (0.1 )
  • Earnings per share amounted to EUR -0.46 (0.02)

La-Z-Boy holds groundbreaking for two-year, $30 million investment in Neosho campus

Thursday, 12 August, 2021

On Aug. 11, leadership from the project and development teams, La-Z-Boy Midwest and corporate gathered at the 550,000 sq. ft. Neosho campus for the official groundbreaking of massive improvements to the facility.

About a year and a half ago, La-Z-Boy, the Michigan based furniture company that has been in Neosho since 1969, announced the closures of all U.S. manufacturing facilities while furloughing 6,800 employees total, or 70 percent of its global workforce.



La-Z-Boy store donates gently used furniture to rescue mission

Thursday, 12 August, 2021

A local nonprofit has received a major donation.

The La-Z-Boy Home Furnishings store in Asheville donated 60 pieces of gently used furniture to Western Carolina Rescue Mission on Wednesday, Aug. 11.

La-Z-Boy collected that furniture during its biannual trade-in sale.


Steelcase targets WFH professionals News Today

Tuesday, 10 August, 2021

Chennai: Steelcase a global office furniture company has said it is reinventing home office by making its products more accessible through its online store. The retail platform offers customers in Chennai Bengaluru Delhi NCR Hyderabad Mumbai and Pune a range of ergonomic chairs. “Our customers in India are naturally concerned about the well-being of their people and many of them have expressed an interest in working with us to set up better workspaces at employees’ homes” said Samantha Giam director Product Marketing Steelcase Asia Pacific.

Virco Manufacturing Corp. (VIRC) gains 1.21% for August 2

Thursday, 02 August, 2021

Today, Virco Manufacturing Corp. Inc’s (NASDAQ: VIRC) stock gained $0.04, accounting for a 1.21% increase. Virco Manufacturing. opened at $3.26 before trading between $3.64 and $3.26 throughout Monday’s session. The activity saw Virco Manufacturing.’s market cap rise to $53,486,637 on 15,637 shares -above their 30-day average of 8,722.