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Martela Oyj (HEL:MARAS) is possibly approaching a major achievement in its business, so we would like to shine some light on the company. Martela Oyj operates in the office interior industry primarily in Finland, Sweden, Norway, and internationally. With the latest financial year loss of €4.8m and a trailing-twelve-month loss of €3.7m, the €14m market-cap company […]
A group of former Flexsteel employees who are suing the Iowa-based company for allegedly enriching top executives at the direct expense of laid-off workers have added to their complaint in federal court. The original complaint that forms the basis of the lawsuit was filed in early March in U.S. District Court for the Northern District of Iowa. […]
DOGERN, Germany, June 1, 2021 /PRNewswire/ — With a turnover of EUR 184.0 million, the Sedus Stoll Group faced a total drop in turnover of -12.4% in the first year of the pandemic. Despite all the difficult circumstances, the 2020 business year ended with a solid profit of EUR 2.54 million. In the 2020 financial year, which was characterised by a […]
Furniture designer and manufacturer Herman Miller rolled out a new online purchasing experience for its customers. Zeeland-based Herman Miller (Nasdaq: MLHR) earlier this month unveiled a newly renovated retail website tailor-made for customers looking for a supported and seamless purchasing experience.
Kimball International announced 10 scholarships were awarded to local students pursuing their higher education. The Kimball International Scholarships Program awards multiple $2,000 scholarships to high-achieving young women and men each year and is funded by the Kimball International-Habig Foundation. Since the scholarship program was established in 1963, a total of over $3.5 million in scholarship […]
La-Z-Boy Furniture Galleries of Toledo was started in 1974 by Don Durocher and continues to be a leader in home furnishings for northwest Ohio and southeast Michigan. But La-Z-Boy Furniture Galleries, a licensee of the national company headquartered in Monroe, Michigan, is much more than a furniture store for every room in your house. Supporting […]
Corporate dining may be undergoing challenges but that doesn’t mean some employers don’t continue to value it as an amenity and benefit for their employees. For instance, Herman Miller, the manufacturer of high-quality office furniture based in Michigan, recently made a significant commitment to onsite dining at its sites by deciding to operate the service […]
GRAND RAPIDS, Mich. -Michigan governor Gretchen Whitmer visited office and contract furniture giant Steelcase to say that employees may return to work. Whitmer also said that vaccinated workers are no longer required to wear masks on the job. Rules forcing employees to work from home if possible were lifted across the state. Michigan is home […]
DUBUQUE, Iowa–(BUSINESS WIRE)–Flexsteel Industries, Inc. (NASDAQ:FLXS) (“Flexsteel” or the “Company”), today posted a new investor presentation on the Company’s website at https://ir.flexsteel.com/events-and-presentations. The presentation outlines key elements of the Corporation’s business model, investment thesis, growth strategies, and financial objectives.
The formerly family-owned company was acquired in late 2018 by Kimball, a large, Indiana-based furniture manufacturer. Kimball International Inc. (NASDAQ: KBAL) filed a Maryland Work Adjustment and Retraining Notification on May 17 notifying the state that the 75-employee office at 1407 Parker Road will shut down. A spokesperson for Kimball confirmed via email that the last production […]
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