Wood products manufacturer will create 73 jobs in Russell County

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Friday, 15 January 2021

Rambler Wood Products is investing $7.6 million to establish a wood products manufacturing facility in Saint Paul, creating 73 jobs in the Russell County area, Gov. Ralph Northam announced Friday.

“As Virginia’s third-largest private sector industry, forestry supports thousands of quality jobs in our rural communities and contributes $21 million in economic impact each year,” Northam said in a statement. “We continue to prioritize bringing high-paying jobs and capital investment to all corners of our commonwealth while supporting working landscapes, and I am thankful to Rambler Wood Products for helping to create economic opportunity in Russell County.”

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Kimball International, Inc. to Announce Second Quarter Fiscal Year 2021 Financial Results

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Thursday, 14 January 2021

JASPER, Ind., Jan. 14, 2021 (GLOBE NEWSWIRE) — Kimball International, Inc. (NASDAQ: KBAL) will announce its second quarter fiscal year 2021 financial results on Thursday, February 4, 2021, after the close of the market.

The Company will host a conference call on Thursday, February 4, 2021, at 5:00 p.m. ET to review its financial performance.

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Herman Miller Named to Newsweek’s List of America’s Most Responsible Companies 2021

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Wednesday, 13 January 2021

HERMAN MILLER ANNOUNCED THAT IT HAS BEEN NAMED to Newsweek’s list of America’s Most Responsible Companies 2021. This is the second consecutive year the company has earned this recognition.

OFS Awarded Prestigious WELL Certification At The Platinum Level

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Tuesday, 12 January 2021

HUNTINGBURG, Ind., Jan. 12, 2021 /PRNewswire/ — OFS — a family-owned manufacturer of contract furniture for workplace, healthcare, education, hospitality and government settings — today announced a platinum certification for its corporate office by the International WELL Building Institute (IWBI). Platinum certification is the highest designation a project can receive. The company’s 49,000 square-foot headquarters is the first in Indiana to receive the leading health and wellness certification.

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Knoll Inc. (KNL) Soars 4.03% on January 12

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Tuesday, 12 January 2021

Knoll Inc. (KNL) had a good day on the market for Tuesday January 12 as shares jumped 4.03% to close at $15.75. About 233,111 shares traded hands on 2,316 trades for the day, compared with an average daily volume of n/a shares out of a total float of 50.68 million. After opening the trading day at $15.17, shares of Knoll Inc. stayed within a range of $15.97 to $15.16.

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La-Z-Boy Incorporated (LZB) Soars 1.37% on January 12

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Tuesday, 12 January 2021

La-Z-Boy Incorporated (LZB) had a good day on the market for Tuesday January 12 as shares jumped 1.37% to close at $43.59. About 189,618 shares traded hands on 3,391 trades for the day, compared with an average daily volume of n/a shares out of a total float of 46.14 million. After opening the trading day at $42.87, shares of La-Z-Boy Incorporated stayed within a range of $43.64 to $42.87.

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La-Z-Boy appoints Sundy chief commercial officer

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Tuesday, 12 January 2021

MONROE, Mich.— La-Z-Boy Inc. has appointed Robert Sundy as senior vice president and chief commercial officer, effective Jan. 27. Sundy will be responsible for all facets of sales, merchandising and marketing for the La-Z-Boy branded business in North America, and will report to Kurt Darrow, La-Z-Boy Inc. chairman, president and CEO.

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Herman Miller Inc. (MLHR) Soars 4.79% on January 12

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Tuesday, 12 January 2021

Herman Miller Inc. (MLHR) had a good day on the market for Tuesday January 12 as shares jumped 4.79% to close at $35.90. About 518,402 shares traded hands on 7,288 trades for the day, compared with an average daily volume of n/a shares out of a total float of 58.98 million. After opening the trading day at $34.26, shares of Herman Miller Inc. stayed within a range of $35.93 to $34.26.

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Flexsteel Industries Inc. (FLXS) Soars 3.01% on January 11

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Monday, 11 January 2021

Flexsteel Industries Inc. (FLXS) had a good day on the market for Monday January 11 as shares jumped 3.01% to close at $35.98. About 22,849 shares traded hands on 482 trades for the day, compared with an average daily volume of n/a shares out of a total float of 7.32 million. After opening the trading day at $34.30, shares of Flexsteel Industries Inc. stayed within a range of $36.71 to $34.30.

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Bel Furniture: Furnishing Homes During the Pandemic

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Tuesday, 11 January 2021

How this Texas furniture retailer leveraged their business model to solve supply chain issues in a pandemic

When brothers Sid and Jamal Mollai started Bel Furniture 20 years ago, their business model looked very different than it does today. What began as a liquidation business quickly pivoted to become one of the biggest furniture retailers in the state of Texas.

“We used to travel the country, just like a carnival,” Sid says about when they first started out as business owners. “We used to be liquidating furniture, office furniture, and some bank assets, computers, jewelry—all that in nature.”

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