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In late April, Herman Miller and Knoll announced their forthcoming union. Two months later, the shape of the merger is starting to become clear. Among other key details, we now know that the two have set a date for the design wedding of the century. In internal emails obtained by Business of Home, Herman Miller CEO Andi Owen wrote to staff on June […]
JASPER, Ind., June 24, 2021 (GLOBE NEWSWIRE) — Kimball International, Inc. (NASDAQ: KBAL) today issued its inaugural ESG Summary Report. It includes a comprehensive summary of the Company’s strategy and performance on environmental, social and governance (ESG) initiatives and introduces performance targets for 2021. This review was prepared using the Sustainability Accounting Standards Board (SASB) […]
NEOSHO, Mo. — Officials with La-Z-Boy Inc. plan on expanding the company’s Neosho plant and will request tax breaks to help pay for the new construction. The Neosho Board of Education on Monday gave approval for Superintendent Jim Cummins to vote in favor of the tax breaks when the city’s Enhanced Enterprise Zone Committee meets […]
Last month saw 15 of the UK’s most exicting clean tech entrepreneurs pitch their prospective businesses to investors at BusinessGreen’s Technology & Investment Forum, which was hosted online this year in association with Innovate UK. A vast range of businesses and ideas were on show covering renewable energy, sustainable agriculture, green buildings, ultra-efficient toilets, and much […]
Sun European Partners has agreed to sell U.K. furniture company Sharps, its second major exit in a matter of weeks. The private equity firm is selling the group to funds advised by Epiris for an undisclosed amount, according to a statement Monday. During its ownership, Sun shifted Sharps’s focus toward direct-to-consumer sales and advertising and made what it […]
As a transformational merger between two office furniture giants heads for final approval, the details of their seven-month courtship offer insight into a deal that could change the industry’s landscape. Zeeland-based Herman Miller Inc. in April shocked the industry when it announced it would purchase long-time competitor Knoll Inc. in a $1.8 billion cash-and-stock deal. The pending deal, which […]
GRAND RAPIDS, Mich. – Office furniture manufacturer Steelcase has been recognized for its community involvement as a 2021 honoree of The Civic 50, part of the Points of Light volunteer service initiative. The company was recognized for a number of service initiatives such as providing volunteer time, product and service donations and financial gifts as […]
The COVID-19 pandemic has completely changed the way we live, work, play and study. The impact has been particularly disruptive in our teaching and learning environments, with the pandemic highlighting the growing crisis surrounding equity and wellbeing, affecting both teachers and students. Steelcase has responded to this issue by creating the Steelcase Social Innovation Lab to identify […]
MONROE — La-Z-Boy Inc., one of the nation’s leading furniture makers, on Tuesday reported a fiscal 2021 profit of $106.5 million, or $2.30 a share, as it began restarting then expanding its manufacturing operations to meet increasing demand across all of its business units. Sales for fiscal 2021 totaled $1.73 billion, compared with $1.704 billion […]
Herman Miller Inc. (NASDAQ: MLHR) shares gained 0.8940% to end trading Tuesday at $48.53 per share – a net change of $0.43. Shares traded between $48.61 and $47.73 throughout the day.
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