Italian furniture and design manufacturers push for restarting production

Thursday, 23 April, 2020

A consortium of prominent Italian home furnishing designers and manufacturers are urging Prime Minister Giuseppe Conte to allow their industries to resume production ahead of the country’s gradual re-opening, which is now slated to begin May 3 at the earliest but could likely be pushed back. Italy’s famed and economically vital home design industry—largely centered around Milan but spread across the country—has been at a virtual standstill since at least March 22, when production at the country’s non-essential factories was halted due to the global coronavirus crisis. Italy, an early epicenter of the pandemic, went into nationwide lockdown mode earlier in the month, on March 9.

 

 

10 ways COVID-19 could change office design

Wednesday, 22 April, 2020

  • Millions of people in China have returned to work, and other countries are considering easing lockdowns in phases.
  • Organizations should plan how to adapt offices to comply with social distancing rules.
  • Real estate company Cushman & Wakefield has designed an office where workers can keep six feet apart.

COVID-19 has upended working life, changing how and where people do their jobs.

But with governments and companies around the world looking to ease lockdowns, minimizing virus transmission at work is now at the top of many organizations’ agendas.

 

 

 

 

Humanscale Launches Campaign to Help Remote Workers Stay Healthy

Wednesday, 22 April, 2020

IN RECENT weeks the lockdown and social distancing in India has seen thousands of employees set up an office in their very own homes. In fact, according to many reports, COVID-19 pandemic could lead to Work From Home (WFH) becoming a regular thing. WFH is today an accepted norm in many sectors, especially in the IT sector, as it promotes a good work-life balance and enhances productivity.

 

Office-contract furniture market estimated to be $17 billion

Tuesday, 14 April, 2020

The preliminary estimate developed by IHS Markit of the North American office, education, and healthcare furniture market for 2019 was estimated to be $16.99 billion by the Business and Institutional Furniture Manufacturers Association. That is a gain of 4.3 percent over the actual 2018 market size figure.

The market in the U.S. was estimated to be just under $15 billion for 2019, an increase of 5.5 percent.

HNI Corporation Provides Update Related to COVID-19 Coronavirus Pandemic

Monday, 06 April, 2020

MUSCATINE, Iowa–(BUSINESS WIRE)–HNI Corporation (NYSE: HNI; “the Corporation”) is providing an update related to the ongoing COVID-19 pandemic crisis.

CEO Comment
“First and foremost, our focus during this crisis is on the well-being of our members. To protect our teams, we have implemented workplace measures consistent with guidelines from the Centers for Disease Control and Prevention. While the situation is dynamic, at this point we continue to operate at our primary manufacturing locations,” stated Jeff Lorenger, HNI Corporation, Chairman, President, and Chief Executive Officer. “We entered this crisis in a position of strength. We have low debt levels and possess liquidity equivalent to more than two years of free cash flow. While the ultimate impact of the outbreak is uncertain, we are confident in our ability to effectively weather this crisis.”

HNI Suspends 2020 Outlook

Monday, 6 April, 2020

(RTTNews) – HNI Corp. (HNI) said it has suspended its fiscal 2020 sales and earnings forecast due to the uncertainty caused by the coronavirus pandemic.

At the end of the first quarter 2020, the company had $233 million in total debt.

 

Herman Miller implements cost-cutting measures

Friday, 03 April, 2020

ZEELAND, Mich. — A major office furniture maker is taking “a set of actions” to reduce its costs.

The moves by Herman Miller are in response to the “uncertain economic outlook” amid the coronavirus pandemic, according to the company today.

Herman Miller  said it is reducing “cash compensation” for the majority of its salaried workforce by 10%.

Herman Miller Makes Temporary Business Adjustments in Response to Impact of COVID-19

Friday, 03 April, 2020

/PRNewswire/ — Herman Miller, Inc. (NASDAQ: MLHR), the global designer and furniture manufacturer, announced today a set of actions throughout its global operations in response to the uncertain economic outlook resulting from the COVID-19 pandemic.

“Since the onset of the COVID-19 pandemic, we’ve been carefully considering the right things to do for our people and our company to ensure we have both a healthy employee base and business when we emerge from these uncertain times,” said Andi Owen, President and CEO of Herman Miller. “Just as we entered this crisis in a strong financial position, we are taking immediate actions to reduce expenses and manage liquidity so we can maintain strong financial footing on the other side of it.”

Herman Miller production to include medical protective equipment

Wednesday, 1 April, 2020

HOLLAND — Herman Miller is responding to the shelter-in-place and similar government orders at its headquarters in Zeeland and various locations around the world.

Gov. Gretchen Whitmer’s stay-home executive order requires non-essential businesses to close for three weeks until April 13.

Starting Monday, March 30, Herman Miller announced in a press release it anticipated bringing back as much as 30 percent of its manufacturing employees to help support customers who are “actively engaged in the COVID-10 response.”

Gabriel A/S completes the acquisition of Visiotex GmbH

Friday, 20 December, 2019

Gabriel A/S has today acquired 100% of the share capital of the German fabric-solution manufacturer Visiotex GmbH. The price for the shares is agreed at EUR 0.5 million in cash. In addition hereto bank debt of approx. EUR 2.0 million is taken over.

Visiotex is recognised within the furniture industry for innovative fabric solutions. The patented Wovenit-technology makes it possible, in one process, to design and produce fabric-solutions with built-in functionality without subsequent cutting and sewing.