Tampa-based office interiors-furniture firm thrives under second-generation leadership and weathers pandemic-related challenges

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15 January, 2023

A few bumps in the road are to be expected for any new business owner.

But what siblings Tyler Davis and Jessica Easterla encountered when they took over Tampa-based Commercial Design Services went well beyond the typical growing pains. They began running the business, founded by their father, Stewart Davis, during the Covid-19 pandemic.

“It was a challenge – keeping people paid, keeping our staff on board, navigating work-from-home,” said Tyler Davis, who serves as president of sales. “But it was a great introduction.

“We probably dealt with more tough decisions than many people would in the first two years of owning a business. It tested our mettle and we realized that if we can do this now, we can do it for the next 30 years.”

Read full article here: TAMPA BAY BUSINESS JOURNAL

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Holland Landing manufacturer lays off more than 80 employees

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13 January, 2023

More than 80 unionized workers with a high-end officer furniture and equipment manufacturer in Holland Landing arrived to work Friday morning to find out they were on permanent layoff.

Inscape, which has been around in various forms for more than 100 years, filed for creditor protection under the company’s Creditors Arrangement Act.

In a statement to CTV News, East Gwillimbury Mayor Virginia Hackson noted, “Inscape has been a key employer in our community and has had a strong relationship with the town. Our team has reached out to their owners to provide support where possible with this transition.”

Read full article here: CTV NEWS BARRIE

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Local Office Supply Business Brant Basics Expands With New Furniture Showroom Space

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12 January, 2023

It showcases a range of furniture, office appliances, employee work space and more. The open house was originally scheduled for Dec. 15 but was postponed due to weather concerns.

Brant Basics celebrated its 58th year in business last year. The showroom was a way to help employees be excited about working in the office building again after working from home for several months from the COVID-19 pandemic.

“We could really show employers to invest in their spaces to make them attractive and make them more attractive for when the employees do return to their workspace,” said Jeff Cox, Brant Basics president and co-owner.

Cox mentioned that lots of new technology for workspaces, offices and at home wanted to be a focal point of the showroom and its look had to replicate the modern products they wanted to sell.

Read full article here: PTBO CANADA

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20,200 Shares in MillerKnoll, Inc. (NASDAQ:MLKN) Acquired by Louisiana State Employees Retirement System

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12 January, 2023

Louisiana State Employees Retirement System bought a new position in shares of MillerKnoll, Inc. (NASDAQ:MLKN) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 20,200 shares of the company’s stock, valued at approximately $315,000.

Read full article here: ETF DAILY NEWS

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Baker Interiors promotes new vice president of supply chain

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12 January, 2023

HIGH POINT – High-end case goods and upholstery manufacturer Baker Interiors Group has promoted Larry Obsorne to the role of vice president of supply chain and engineering data services.

Osborne will oversee the network of all products, resources and general supply chain activity within the company, as well as data integrity.

“We are thrilled to promote Larry to his new role as vice president of supply chain and EDS. With more than two decades as an integral part of the team, he truly brings world-class expertise and an unmatched caliber in his leadership, drive, and work ethic,” said Mike Jolly, Baker CEO.

Read full article here: FURNITURE TODAY

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Frank Bucher Assumes Role of Formaspace CEO

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12 January, 2023

AUSTIN, TEXAS, UNITED STATES, January 12, 2023 /EINPresswire.com/ — Formaspace CEO Jeff Turk announced today that the company’s President, Frank Bucher, will assume the role of Formaspace CEO effective immediately. Jeff Turk will remain active with the company as the Chair of the Formaspace Board of Directors.

Bucher is a long-time furniture industry professional with sales, marketing, and business development leadership experience at both small and large manufacturers, as well as at a large Steelcase dealer. Bucher joined Formaspace in 2017 as Executive Vice President of Sales and was promoted to Formaspace COO in 2020 and Formaspace President in 2022.

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Herman Miller Continues Expansion of Pioneering Use of Ocean-Bound Plastic With Updated Sayl Chair

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11 January, 2023

LONDON–(BUSINESS WIRE)–Jan 11, 2023–

Herman Miller is continuing to increase the use of ocean-bound plastic within the modern furniture maker’s portfolio. The Sayl Chair, designed by esteemed Swiss Designer Yves Béhar will now include up to 1.36 kg (3 pounds) of mismanaged plastic waste found near waterways. This change builds upon the momentum created by the introduction of ocean-plastic in the iconic Aeron Chair in 2021 and will divert 95 metric tons*, the equivalent of approximately 9.6 million plastic water bottles, from the ocean annually.

Read full article here: THE JOPLIN GLOBE

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La-Z-Boy Incorporated (NYSE:LZB) Stock Position Lowered by State of Alaska Department of Revenue

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11 January, 2023

State of Alaska Department of Revenue lessened its position in La-Z-Boy Incorporated (NYSE:LZB) by 8.1% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 30,056 shares of the company’s stock after selling 2,639 shares during the period. State of Alaska Department of Revenue owned approximately 0.07% of La-Z-Boy worth $678,000 at the end of the most recent reporting period.

Read full article here: THE AM REPORTER

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Versor Investments LP Acquires Shares of 8,861 La-Z-Boy Incorporated (NYSE:LZB)

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11 January, 2023

Versor Investments LP acquired a new stake in shares of La-Z-Boy Incorporated (NYSE:LZB) during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 8,861 shares of the company’s stock, valued at approximately $200,000.

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La-Z-Boy (LZB) Shares Cross Above 200 DMA

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11 January, 2023

In trading on Wednesday, shares of La-Z-Boy Inc. (Symbol: LZB) crossed above their 200 day moving average of $25.54, changing hands as high as $26.02 per share. La-Z-Boy Inc. shares are currently trading up about 1.6% on the day.

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