Business owner honors nonprofit with office makeover

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6 January, 2023

CHICAGO — No matter their cause, nonprofit organizations everywhere raise money with a focus on giving back to those they service, often putting their needs last. But in December, a Chicago organization found themselves on the receiving end, thanks to the generosity of a business owner.

Concordia Place is a nonprofit that focuses on childhood education. It was the recent grand prize winner of an office makeover.  Valued at $23,000 dollars was all courtesy of Wurkwel Ventures founder and CEO Mason Awtry.

Founded in 2004, Wurkwel is comprised of several businesses including the Office Furniture Center on the city’s West Side.   Passionate about sustainability, the company salvages, cleans and repurposes office furniture that might otherwise end up in a landfill.

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Young Office acquires office furniture store McWaters

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6 January, 2023

Young Office, an office furniture store based in Greenville, announced Jan. 4. it has acquired McWaters, an office furniture business based in Columbia.

“We are excited to announce the acquisition of McWaters,” Young Office President and CEO Thomas Young IV said. “Like Young Office, the McWaters brand has been highly respected for decades. Going forward, we will continue to focus on creating only the highest quality office environments for our clients across South Carolina, Western North Carolina and Georgia.”

Read full article here: UPSTATE BUSINESS JOURNAL

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Office furniture recycler Coggin Sustainable Office Solutions has appointed Preston’s Fifty2M to handle its new PR account

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6 January, 2023

Having recently rebranded from The Coggin Group to Coggin Sustainable Office Solutions, the family business helps divert redundant office furniture away from landfill by either repairing and repurposing desks and chairs to resell as better than new, by recovering components to use for spares or repair, or by breaking down furniture that is unfit for reuse into material form such as metal, plastic, wood and foam.

Director Sam Coggin said it’s been a challenge raising awareness of reuse and dedicated furniture recycling when it’s so easy to just throw unwanted furniture items into a skip destined for landfill or crude forms of recycling.

Read full article here: WGNTV

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Circular is the future: How NORNORM is redesigning office furniture for remote work and subscription generation

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5 January, 2023

At the start of the pandemic, a number of people went shopping for office furniture. While some had to shop online, others got these furniture directly from their employers. In essence, a lot of people tried to recreate their office space at home or bought into inflexible reality.

As these employees return to offices, they are also facing the grim reality of what to do with these furniture. For decades, furniture has been seen as an investment that gets discarded for new furniture overtime. NORNORM, a fully circular Danish startup, is rethinking this notion with its subscription-based furnishing model.

Read full article here: SILICON CANALS

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Inscape and HUK 121 Announce Expiry of Offer

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4 January, 2023

HOLLAND LANDING, Ontario, Jan. 04, 2023 (GLOBE NEWSWIRE) — Inscape Corporation (“Inscape” or the “Company”) (TSX: INQ), and HUK 121 Limited (the “Offeror”), jointly announce that no additional shares were deposited during the mandatory 10-day extension period under the offer dated November 17, 2022 (the “Offer”) made to shareholders of Inscape.

The Offer, which initially expired on December 23, 2022 and was subsequently extended until 5:00 p.m. (Toronto time) on January 3, 2023, has now expired and will not be further extended by the Offeror.

Read full article here: MARKET SCREENER

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Three-Year Loss For MillerKnoll Shareholders Driven By Shrinking Earnings

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4 January, 2023

MillerKnoll, Inc. (NASDAQ:MLKN) shareholders should be happy to see the share price up 19% in the last quarter. But that doesn’t help the fact that the three year return is less impressive. In fact, the share price is down 48% in the last three years, falling well short of the market return.

The recent uptick of 3.8% could be a positive sign of things to come, so let’s take a look at historical fundamentals.

Read full article here: SIMPLY WALL ST

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Affordable Office Interiors names new president

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Roselle, IL – Affordable Office Interiors, a 100% ESOP, full-service office furniture dealership, announced the promotion of Jessica Platt to president.

Platt started with AOI, in Madison, Wisconsin as a showroom manager and designer in November of 2010. She quickly demonstrated organizational, sales and leadership qualities that developed into numerous promotions throughout her career. She cultivated and nurtured the largest clients for AOI, while managing teams in Madison, Milwaukee and ultimately Illinois, culminating in her well-deserved promotion to president in January of 2023.

Read full article here: DAILY HERALD

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Cactus Announces Agreement to Acquire FlexSteel

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03 January, 2023

HOUSTON–(BUSINESS WIRE)–Cactus, Inc. (NYSE: WHD) (“Cactus” or the “Company”) announced today that it has entered into a definitive agreement (the “Agreement”) to acquire FlexSteel Technologies Holdings, Inc. and its affiliates through a merger with its holding company, HighRidge Resources, Inc. (“FlexSteel”) and Atlas Merger Sub, LLC, a newly formed subsidiary of Cactus, Inc. FlexSteel is a market-leading manufacturer of spoolable pipe technologies primarily purchased by customers during the production phases of a well’s lifecycle.

Read full article here: BUSINESS WIRE

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Inscape Announces Director Resignations

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3 January, 2023

HOLLAND LANDING, Ontario, Jan. 03, 2023 (GLOBE NEWSWIRE) — Inscape Corporation (“Inscape” or the “Company”) (TSX: INQ), announces that, following the successful take-over bid by HUK 121 Limited, Neil McDonnell, Tracy Tidy, Tania Bortolotto, and David LaSalle resigned from the board of directors of the Company effective 5:00 p.m. (Toronto time) on December 23, 2022.

Inscape would like to express its sincere gratitude to the outgoing directors for their contribution to the board of directors and the Company.

Read full article here: GLOBE NEWSWIRE

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Homelegance taps Hooker veteran for new executive role

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3 January, 2023

HIGH POINT – Full line furniture and case goods supplier Homelegance has hired industry veteran David Gusler as its new senior vice president of operations. Gusler will directly lead the company’s overseas operations, while also working in product development and major account sales.

Prior to joining Homelegance, Gusler worked as the senior vice president of international operations at HMI before taking the same role at Hooker Furnishings.

Read full article here: FURNITURE TODAY

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