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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.
Design is a particularly white profession. Depending on the poll, only 3% to 4.8% of designers are Black. But a powerful new collective of design companies is looking to change that. Launching today, the Diversity in Design (DID) Collaborative is a group of nearly two dozen companies from across the design world—ranging from the furniture company Herman Miller to the […]
Herman Miller Group, whose high-end commercial and residential brands include Design Within Reach, HAY, Geiger and Maharam, as well as Herman Miller itself, recently opened a standalone destination in Chicago’s Fulton Market. The 45,000 square-foot multi-brand, multi-use development includes a retail level for the Herman Miller, Design Within Reach and Hay brands, each with its […]
What will office spaces look like moving forward? That’s the question on the mind of many landlords, tenants, architects and designers. During the Covid-19 pandemic, remote work has proliferated. But now, as the number of vaccinated people rises and Covid cases decrease, many businesses are pondering the future of their office environments. While some companies […]
La-Z-Boy probably won’t make dental chairs anytime soon, but it helped make a dental school Wednesday. On a day when the Neosho plant produced its 19 millionth product, company officials visited the Joplin campus of Kansas City University and presented a $20,000 donation to its College of Dental Medicine.
Virco Manufacturing Corp. (NASDAQ: VIRC) shares gained 2.5790% to end trading Wednesday at $3.58 per share – a net change of $0.09. The Nasdaq Stock Market is a global leader in trading data and services, and equities and options listing. Nasdaq is the world’s leading exchange for options volume and is home to the five […]
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