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 company has a one-year high of $4.53 and a one-year low of $1.82.
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 will sit.
As an industrial designer for Poulsbo, Wash.-based Watson Furniture Group, Pearl’s job is to bring ideas to life, sketching, computer modeling and hand crafting physical prototypes. Our latest Geek of the Week is a Pacific Northwest native who graduated from the Industrial Design program at the University of Washington.
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 Fortune 500 boardrooms to open floor plan startups looking to make a good first impression.
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 company has a distribution center in North Little Rock, Arkansas. Mayline employs approximately 220 people.
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 install them. None of them were prepared for a flood of orders for a single adjustable desk from stay-at-home workers suddenly trying to figure out how to conduct Zoom meetings from spare bedrooms.
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 particles as small as 0.3 microns in an environment. Trendway’s parent organization, Fellowes, has been providing award-winning air purification solutions for over a decade.
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 the fridge,’ We wanted structure where he knows he’s in class,” Gonzales said.
Classes will look different for many kids who will be logging in virtually from kitchens and bedrooms. Slouched on the couch or floor is not the most conducive environment for learning.
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 next phase of the Kimball International Connect Strategy designated Connect 2.0, specifically addresses the changing industry dynamics brought about by the COVID-19 health crisis and its aftermath.
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