Watson Launches New Meeting Tables As Part Of Its Award-Winning C9 Furniture System

Tuesday, 04 August, 2020

POULSBO, Wash.Aug. 4, 2020 /PRNewswire/ Watson, the premier manufacturer of commercial office furniture and public safety dispatch consoles, has launched a collection of C9 Meeting Tables as part of its award-winning C9 furniture system.

“On the heels of the release of Olli, the personal work trolley, our C9 Meeting Tables can stand alone or provide endless runs. They are adaptable to any sized conference room,” said Lucas Pearl, VP of Product Development at Watson. “Overall, they will make it easier to collaborate at a distance in the new normal workplace.”

Tangent Furniture assets to go under the hammer

Tuesday, 04 August, 2020

Extensive machinery, vehicles and stock of Tangent Furniture Ltd are to be auctioned off by Hilco on August 12.

CNC woodworking technology, metalworking equipment and timber stocks are among the items being auctioned after Oxfordshire-based Tangent went into administration on July 28.

Administrators James Sleight & Peter Hart of Geoffrey Martin & Co were appointed as joint administrators.

Knoll second quarter results hit hard by pandemic

Thursday, 23 July, 2020

EAST GREENVILLE, Pa. – In a letter to shareholders, Knoll, Inc. Chairman and Chief Executive Officer, Andrew B. Cogan, and Senior Vice President and Chief Financial Officer, Charles W. Rayfield, reported decreases in every financial measurement and outlined their game plan to restore the company when the COVID-19 pandemic passes.

HERMAN MILLER AND LOGITECH TEAM FOR $1,500 EMBODY GAMING CHAIR

Thursday, 23 July, 2020

Herman Miller, best-known for making luxury ergonomic desk chairs like the “Cosm,” is swiveling to the world of gaming with a new model created in collaboration with Logitech G.

The Embody Gaming Chair is based on the Embody, which was developed using the collective expertise from a team of physicians and PhDs from the fields of biomechanics, vision, physical therapy and ergonomics.

Indiana Governor Honors Indiana Furniture for Business Longevity and Service to Hoosier Workforce

Thursday, 23 July, 2020

On July 21, Indiana Governor, Eric J. Holcomb honored Indiana Furniture with the Governor’s Century Business Award in recognition of the company’s longevity and service to its employees, community, and the state.

“It’s an honor to recognize Hoosier business leaders who have been creating quality opportunities for Hoosiers and running their businesses in Indiana for more than 100 years,” Gov. Holcomb said. “Through a strong dedication to their employees, their businesses, and their communities, this company exemplifies the pioneering spirit and perseverance that will keep Indiana on the path to success for centuries to come.”

La-Z-Boy Creating 125 Jobs in Siloam Springs

Wednesday, 22 July, 2020

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.

Haworth acquires Italian furniture maker, adds to Lifestyle Design Group

Wednesday, 22 July, 2020

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, working under licensing agreements with such brands as Fendi Casa, Bentley Home and Bugatti Home.

 

HNI Corporation Reports Earnings for Second Quarter Fiscal Year 2020

Wednesday, 22 July, 2020

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 to non-GAAP reconciliations follow the financial statements in this release.

Steelcase announces relationship with Italian furniture maker Mattiazzi

Tuesday, 21 July, 2020

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 look for collaborative settings that support their emotional and physical wellbeing,” said Allan Smith, Steelcase vice president of global marketing. “Mattiazzi designs are innovative and offer a fresh aesthetic that works well in a range of indoor and outdoor spaces and are easy to clean.”

 

Did Hedge Funds Make The Right Call On Steelcase Inc. (SCS) ?

Friday, 17 July, 2020

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 always available for the general crowd. This doesn’t mean that they don’t have occasional colossal losses; they do. However, it is still a good idea to keep an eye on hedge fund activity. With this in mind, let’s examine the smart money sentiment towards Steelcase Inc. (NYSE:SCS) and determine whether hedge funds skillfully traded this stock.