DUBUQUE, Iowa–(BUSINESS WIRE)–Flexsteel Industries, Inc. (NASDAQ:FLXS) (“Flexsteel” or the “Company”), today posted a new investor presentation on the Company’s website at https://ir.flexsteel.com/events-and-presentations. The presentation outlines key elements of the Corporation’s business model, investment thesis, growth strategies, and financial objectives.
The formerly family-owned company was acquired in late 2018 by Kimball, a large, Indiana-based furniture manufacturer.
Kimball International Inc. (NASDAQ: KBAL) filed a Maryland Work Adjustment and Retraining Notification on May 17 notifying the state that the 75-employee office at 1407 Parker Road will shut down. A spokesperson for Kimball confirmed via email that the last production day will be June 30.
ZEELAND, Mich., May 20, 2021 /PRNewswire/ — Herman Miller (NASDAQ: MLHR) has unveiled a newly renovated retail website tailor-made for customers looking for a supported and seamless purchasing experience. Using more than 110 hours of customer research, in-depth feedback, and user testing from over 200 different participants, the site delivers a consistent experience that implements key changes built specifically to make a customer’s journey smooth and easy. The refresh also features additional content that answers common customer questions – all key requests from those surveyed.
JASPER — Indiana Furniture Industries will invest more than $17 million to add a new facility on Jasper’s south side and will close its location on Mill Street.
The Jasper Common Council approved Wednesday a nine-year tax abatement that will phase out in the final four years to help fund the project. The company announced earlier this week that it plans to build a 165,000-square-foot addition that will be used for manufacturing and shipping.
Steelcase (SCS), one of the largest furniture and workspace appliances manufacturers in the United States, has seen some difficult times due to the COVID-19 pandemic. Since millions of office workers have been working from home since early 2020, they haven’t been spending as much in office upgrades and overall workspace improvements as they typically do during the work cycle. As a result, Steelcase has seen a dramatic drop in revenues and earnings in 2020 and they expect 2021 to be just marginally better.
Flexsteel Industries, Inc. (NASDAQ:FLXS) (“Flexsteel” or the “Company”), one of the largest manufacturers, importers and online marketers of furniture products in the United States, today announced that Jerry Dittmer, President and Chief Executive Officer, and Derek Schmidt, Chief Financial Officer and Chief Operating Officer, will present at the Sidoti & Company LLC Microcap Virtual Investor Conference on Wednesday, May 19, 2021, at 10:00 a.m. Eastern Time. The presentation will be webcast live and available for viewing 90 days following the event.
HOLLAND, Mich. – Trendway has entered into a new, three-year partnership with Kinetic GPO, a cooperative purchasing organization established for the broader public sector, nonprofit and municipalities, academics, school boards and health and social services (MASH) entities across Canada.
The contract officially took effect on Feb. 1 and will remain active through Jan. 31, 2024, with an option to extend the term for an additional period of up to two years. It provides exclusive pricing and access to Trendway furniture, installation, and related products and services to public entities in Canada and helps the organizations reduce procurement costs by leveraging group purchasing power and simplifying the overall procurement process. Included in the contract is Trendway’s complete line of furniture-related products such as panel systems, desks, tables, seating, architectural products and accessories.
Since the beginning of April, Philipp Dicke has been the new Country Manager Germany & Austria at office chair specialist Flokk.
He takes over the baton from René Sitter, who focuses on his duties as Senior Vice President Central Western Europe and the Flokk Group Executive Board.
“I am very pleased that Philipp Dicke has recruited someone from our own ranks who, with his broad industry and sales experience as well as his strategic expertise, will continue to drive Flokk’s growth in Germany and Austria,” says René Sitter.
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