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Yesterday, a Director at Virco Manufacturing (VIRC), Donald Rudkin, sold shares of VIRC for $73.59K. In addition to Donald Rudkin, 2 other VIRC executives reported Sell trades in the last month. VIRC’s market cap is $35.04 million and the company has a P/E ratio of 44.60. Currently, Virco Manufacturing has an average volume of 16.25K. The […]
Office furniture manufacturer Herman Miller Inc. (NASDAQ: MLHR) has voted to add an Amway Corp. executive to its board of directors. The Zeeland-based company recently announced that Amway’s Chief Reputation Officer Candace Matthews would join the board effective Aug. 21 and also will serve on the company’s Governance and Corporate Responsibility Committee.
Six months into a global health crisis that has redefined where and how many of us work, Ethan Pearl is ready to talk about what we’re missing at the office. Specifically, the office furniture designer wants us to reimagine what it will mean to go back, how we can do it safely and where everyone […]
If you took a walk through the average office space in the recent past, you could hardly make it from the front desk to the conference room without seeing a fleet of Herman Miller Aeron or Steelcase Leap chairs. These brands represent the gold standard in corporate ergonomics and design, and are seen everywhere from […]
MINNEAPOLIS – Safco Products Co. announced it will acquire office furniture manufacturer Mayline Co. LLC. Terms of the transaction, which is expected to close by September, were not disclosed. Headquartered in Sheboygan, Wisconsin, Mayline manufactures workspaces, desks and storage systems, seating, tables and other contract furniture items. Products are manufactured primarily in Sheboygan, and the […]
America’s biggest office furniture manufacturers got the rug pulled out from under them by the COVID-19 pandemic. For decades, producers like Herman Miller Inc. and Steelcase Inc. focused on selling through their own dealers to companies that bought ergonomic chairs and desks by the truckload and employed teams of designers and technicians to deliver and […]
HOLLAND, Mich. — Trendway has announced the addition of the AeraMax Pro air purifiers to its nationwide distribution channel of over 350 dealers. With a four-stage filtration system, AeraMax Pro blocks, captures and traps airborne particles, including viruses, bacteria and fungi, through its True HEPA filter, It reportedly removes up to 99.97 percent of contaminated airborne […]
NEW CASTLE, Ind. – North Carolina-based furniture component maker Hickory Springs Manufacturing (HSM) will lay off 59 workers at one of its Indiana plants. HSM says the pandemic forced its hand, citing “unforeseen business circumstances associated with COVID-19.” The affected employees amount to around half of the total workforce at the plant. Layoffs will be […]
SAN ANTONIO – Glenn Gonzales’ school supplies list for his fourth-grade son includes more than paper and pencils. He needs a place for his child to learn without distractions from home while learning virtually. “We wanted to set up a little area, ‘Hey, you are in school, not playing. You don’t get up and go to […]
Last week, Kimball International announced it would be reorganizing the company to address changes in the industry brought about by the pandemic. The new organization is comprised of four market-centric business units; Workplace, Health, Hospitality, and eBusiness. According to the company, the new organization will enable it to maximize growth opportunities in today’s marketplace. This […]
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