Baker Interiors promotes new vice president of supply chain

12 January, 2023

HIGH POINT – High-end case goods and upholstery manufacturer Baker Interiors Group has promoted Larry Obsorne to the role of vice president of supply chain and engineering data services.

Osborne will oversee the network of all products, resources and general supply chain activity within the company, as well as data integrity.

“We are thrilled to promote Larry to his new role as vice president of supply chain and EDS. With more than two decades as an integral part of the team, he truly brings world-class expertise and an unmatched caliber in his leadership, drive, and work ethic,” said Mike Jolly, Baker CEO.

 

 

 

Frank Bucher Assumes Role of Formaspace CEO

12 January, 2023

AUSTIN, TEXAS, UNITED STATES, January 12, 2023 /EINPresswire.com/ — Formaspace CEO Jeff Turk announced today that the company’s President, Frank Bucher, will assume the role of Formaspace CEO effective immediately. Jeff Turk will remain active with the company as the Chair of the Formaspace Board of Directors.

Bucher is a long-time furniture industry professional with sales, marketing, and business development leadership experience at both small and large manufacturers, as well as at a large Steelcase dealer. Bucher joined Formaspace in 2017 as Executive Vice President of Sales and was promoted to Formaspace COO in 2020 and Formaspace President in 2022.

 

 

Herman Miller Continues Expansion of Pioneering Use of Ocean-Bound Plastic With Updated Sayl Chair

11 January, 2023

LONDON–(BUSINESS WIRE)–Jan 11, 2023–

Herman Miller is continuing to increase the use of ocean-bound plastic within the modern furniture maker’s portfolio. The Sayl Chair, designed by esteemed Swiss Designer Yves Béhar will now include up to 1.36 kg (3 pounds) of mismanaged plastic waste found near waterways. This change builds upon the momentum created by the introduction of ocean-plastic in the iconic Aeron Chair in 2021 and will divert 95 metric tons*, the equivalent of approximately 9.6 million plastic water bottles, from the ocean annually.

 

 

 

La-Z-Boy Incorporated (NYSE:LZB) Stock Position Lowered by State of Alaska Department of Revenue

11 January, 2023

State of Alaska Department of Revenue lessened its position in La-Z-Boy Incorporated (NYSE:LZB) by 8.1% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 30,056 shares of the company’s stock after selling 2,639 shares during the period. State of Alaska Department of Revenue owned approximately 0.07% of La-Z-Boy worth $678,000 at the end of the most recent reporting period.

 

 

 

 

Versor Investments LP Acquires Shares of 8,861 La-Z-Boy Incorporated (NYSE:LZB)

11 January, 2023

Versor Investments LP acquired a new stake in shares of La-Z-Boy Incorporated (NYSE:LZB) during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 8,861 shares of the company’s stock, valued at approximately $200,000.

 

 

 

La-Z-Boy (LZB) Shares Cross Above 200 DMA

11 January, 2023

In trading on Wednesday, shares of La-Z-Boy Inc. (Symbol: LZB) crossed above their 200 day moving average of $25.54, changing hands as high as $26.02 per share. La-Z-Boy Inc. shares are currently trading up about 1.6% on the day.

 

 

 

Ace Office Furniture Houston Prepares for 2023

11 January, 2023

Houston, TX – (NewMediaWire) – January 11, 2023 – Ace Office Furniture Houston is a family owned and operated company selling new and used furniture to businesses and individuals in the Houston area, as well as in surrounding states and countries. In addition to their ever-changing pre-owned inventory, they represent over 50 manufacturers and can source any other brand a customer might want. Customers can select a single used desk or furnish a 500+ office complex, working with design consultants who can guide them through the process of conceptualizing, designing, selecting, delivering, and installing the furniture.

According to Kevin Astala, owner, “Because Ace Office is a family-owned business with an interest in the community around us, we have tried to give back by supporting local non-profits, including The 1960 Hope Center, as well as offering discounts to military veterans, religious organizations, victims of natural disasters, Future Farmers of America FFA, and other groups in local schools. One of our employees is given time-off to mentor a student in an elementary school near our business. We plan to extend the reach of the Ace Office brand and provide new jobs and opportunities for community outreach in our three new Texas hub cities.” These locations include:

Ace Office Furniture Dallas

Ace Office Furniture San Antonio

Ace Office Furniture Austin

 

 

 

Inside Europe Arab Bank’s First Recycled Office Fit-Out

10 January, 2023

Workplace design, strategy architects and interior designers, WILL+Partners, completed the project, which has resulted in significant reductions in the bank’s waste and energy use.

Europe Arab Bank is part of the Arab Bank Group. Established 90 years ago, the group has a global network of more than 600 branches across five continents.

WILL+Partners retained, reused, and repurposed design elements and has created a consistent design scheme throughout the building. No furniture was obtained from second-life dealers but instead 85 per cent of Europe Arab Bank’s furniture was reused. The remaining usable and unwanted furniture was donated to charities and is now being used in offices across the UK. Almost all blinds were reused in their existing locations, and 67 per cent of meeting room carpets were reused.

 

Martin Furniture hires a new vice president of imports

10 January, 2023

SAN DIEGO – Office and entertainment furniture resource Martin Furniture has hired Gustavo Velez has its new vice president of imports.

Velez has more than 30 years of experience in the furniture manufacturing industry, first starting off as an owner of a case goods manufacturer in Tijuana, Mexico. The company sourced products from many countries.

 

 

 

Indiana Furniture announces healthcare-oriented options and other product enhancements

10 January, 2023

Indiana Furniture announced today they would begin taking orders for a new healthcare-focused seating line, Gleem+, and enhancements to their Natta and Canvas Reception series. These additions provide enhanced flexibility and functionality to better accommodate today’s ever-changing working and patient spaces.