Entries by jsa

Knoll adjusts office furniture mix during bumpy 2020

EAST GREENVILLE, Pa. – Knoll Inc. said it is well positioned for 2021 after adjusting its marketing and manufacturing strategies to meet the needs of post-pandemic hybrid workplaces. Knoll, ranked No. 14 in the FDMC 300, reported net earnings of $7.7 million for 2020, a precipitous drop from $59.8 million in 2019. The company’s 2020 sales totaled […]

Knoll Names Esohe Omoruyi as Executive Vice President, Consumer & Digital Commerce

EAST GREENVILLE, Pa., Feb. 16, 2021 (GLOBE NEWSWIRE) — Knoll, Inc. (NYSE: KNL), a constellation of design-driven brands and people, working together with clients in person and digitally to create inspired modern interiors for workplaces and homes, today announced the appointment of Esohe Omoruyi as Executive Vice President of Consumer & Digital Commerce, reporting to Andrew […]

Pandemic sends furniture manufacturers’ work from home plans into overdrive

For the large West Michigan-based office furniture manufacturers, remote working was a familiar concept and a demand they were prepared to fulfill. While names like Steelcase Inc., Herman Miller Inc. and Haworth Inc. were keeping an eye on the transition to higher percentages of remote workers, the COVID-19 pandemic and ensuing mass exodus from traditional offices lurched that evolution […]

La-Z-Boy Foundation makes $100,000 donation to United Way

The La-Z-Boy Foundation has increased its campaign contribution to the United Way of  Monroe/Lenawee Counties; with this year’s donation to be $100,000. This is in support of the 2020-21 United Way annual fundraising campaign, with the money meant to help the agency and its partners manage increased needs relating to the COVID-19 pandemic.

HNI Corporation (HNI) Soars 8.01% on February 11

HNI Corporation (HNI) had a good day on the market for Thursday February 11 as shares jumped 8.01% to close at $36.95. About 1.15 million shares traded hands on 11,654 trades for the day, compared with an average daily volume of n/a shares out of a total float of 42.71 million. After opening the trading day […]

Amkor Technology Set to Join S&P MidCap 400; HNI to Join S&P SmallCap 600

NEW YORK, Feb. 10, 2021 /PRNewswire/ — Amkor Technology Inc. (NASD: AMKR) will replace HNI Corp. (NYSE: HNI) in the S&P MidCap 400 and HNI Corp will replace Virtusa Corp. (NASD: VRTU) in the S&P SmallCap 600 effective prior to the opening of trading on Tuesday, February 16. Baring Private Equity Asia is acquiring Virtusa in a deal that […]

Toronto architects share their design solutions to working and learning at home

With offices closed during the pandemic and many kids kept out of the classroom, families have scrambled to carve out functional remote-learning spaces in homes that weren’t designed for the job. Faced with space constraints, acoustic challenges, and shortages of office furniture, even architects — experts in conceptualizing interior spaces with time and budget constraints […]