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The expansion is a result of increased demand and a reorganization of the company, according to a news release. It also comes after the plant temporarily shut down in March because of the COVID-19 pandemic.
HOLLAND — Office furniture maker Haworth Inc. has finalized a deal that added yet another high-profile name to its portfolio of international brands. Through Haworth’s Italy-based Poltrona Frau Group, the Holland-based company said that it acquired Luxury Living Group, an Italian furniture maker and interior design company that produces and distributes high-end furniture in Italy, […]
HNI Corporation (NYSE: HNI) today announced sales for the second quarter ended June 27, 2020 of $417.5 million and net income of $12.6 million. GAAP net income per diluted share was $0.29, compared to $0.36 in the prior year. Non-GAAP net income per diluted share was $0.20, compared to $0.38 in the prior year. GAAP […]
GRAND RAPIDS, Mich. —Steelcase has entered into a relationship with Italian furniture brand Mattiazzi to offer customers access to Mattiazzi’s complete catalog of hand-finished wood furniture with immediate availability in North America. “As workers return to the office now and in the future, a range of informal spaces will be even more desirable as people […]
We know that hedge funds generate strong, risk-adjusted returns over the long run, which is why imitating the picks that they are collectively bullish on can be a profitable strategy for retail investors. With billions of dollars in assets, professional investors have to conduct complex analyses, spend many resources and use tools that are not […]
HNI Corporation (HNI) had a good day on the market for Thursday July 16 as shares jumped 1.19% to close at $30.72. About 160,925 shares traded hands on 1,846 trades for the day, compared with an average daily volume of n/a shares out of a total float of 42.65 million. After opening the trading day […]
In uncertain economic times, dividends play a crucial role in the total return that investors get from shares like Herman Miller Inc (NSQ:MLHR). These payouts – when they remain intact – can compensate for volatile market conditions. When share prices come under pressure, stocks with robust finances continue to offer a regular cash return to […]
GRAND RAPIDS, Mich., July 08, 2020 (GLOBE NEWSWIRE) — Recently, Steelcase was named a 2020 honoree of The Civic 50, an initiative of Points of Light. The company’s expansive involvement in community programs – including a mix of volunteered time, product/service donations and financial gifts, as well as the integration of community commitment into business policies […]
GRAND RAPIDS, Mich. – BIFMA has appointed Deirdre Jimenez as its first president and CEO. She will succeed Tom Reardon, who is retiring after 22 years as executive director of BIFMA, the not for profit trade association for business and institutional furniture manufacturers.
This year’s Orgatec trade fair in Cologne, which was set to take place 27 to 31 October, has been cancelled in response to the coronavirus pandemic. The organisers of the Orgatec office furniture announced that the 2020 event will not take place as numerous exhibitors and visitors cancelled their tickets to the event. “The situation of this trade […]
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