Steelcase today announced Catherine “Triona” C.B. Schmelter has been appointed to its board of directors. Ms. Schmelter is President, Meal Solutions of TreeHouse Foods, Inc., a $4.3B Fortune 500 manufacturer of packaged foods and beverages.
Microsoft has begun shipping the new Surface Hub 2S, its video conferencing digital whiteboard platform that aims to address the emerging desire among customers to create mobile huddle rooms on the fly. Introduced earlier this year, Microsoft has partnered with office furniture maker Steelcase to develop a custom cart on wheels optimized to move and create ad hoc video conferences.
Inscape (TSX: INQ), a leading designer and manufacturer of furnishings for the workplace, today announced its fourth quarter financial results ended April 30, 2019. Sales in the fourth quarter of fiscal year 2019 were $18.6 million, an increase of 7.7% compared to the same quarter of the prior year on a comparable basis when excluding prior year sales from an exited business unit. Including prior year sales from the exited business unit, sales were down 13.4% compared to the same quarter of the prior year. Sales for fiscal year 2019 were 9.2% higher than the prior year sales excluding an exited business unit.
After 80 years at the riverfront giant, the furniture company is moving its showroom to a new development in the trendy corridor.
Herman Miller, which opened its first Mart showroom in 1939, leased an entire mixed-use development planned at 1100 W. Fulton Market, where it will move late next year, the company confirmed.
CARROLLTON, Texas – Office furniture giant Steelcase, number 2 on the FDMC 300 list of largest wood firms in North America, will hire nearly 400 seasonal workers for new operations in Texas.
Steelcase is hoping to grow its footprint in Northern Texas and has purchased two industrial buildings in the area – adding more than 600,000 square feet of production space. The company will use the buildings for manufacturing and distributing beginning this summer.
Martela continues the cost efficiency improvements started in 2018 in order to improve its profitability. Target for the cost efficiency program is to reach EUR 4 million annual savings. Purpose of the planned actions is to align company’s cost base to meet current market conditions and to secure set profitability targets. In addition to decrease fixed costs, company is also investigating other alternatives to change cost base to be more flexible. Planned savings will start to materialize gradually from the beginning of 2020 and will have full impact by the first quarter of 2021.
Lista Office Group (LO) with production facilities in Degersheim (SG) and Arnegg (SG,) and sales
offices and logistics hubs in various locations throughout Switzerland, was recently sold to the
Chinese furniture manufacturer Henglin. The sale forms part of the eastern Swiss group’s targeted strategy for internationalisation and growth.
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