Herman Miller Acquires Knoll for $1.8 Billion

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Monday, 19 April, 2021

During what is an already unique time for the office-furniture market comes a splashy move from major player Herman Miller.

Today, Herman Miller announced its $1.8 billion acquisition of Knoll Inc., one of its leading competitors in the design, manufacturing, and retailing of office and home furniture. The move is a cash-and-stock deal, with Knoll shareholders receiving the equivalent of $24.18 per share in the form of $11 in cash and 0.32 of a Herman Miller share, according to Bloomberg.

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Teknion CIO on the importance of fostering multi-generational talent

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Friday, 09 April, 2021

Ahead of the Women in IT Summit USA, Information Age spoke to John Comacchio, senior vice president and CIO at Teknion, about the importance of fostering multi-generational talent.

John Comacchio, senior vice president and CIO at Teknion, will be taking part in a panel session, focusing on the importance of fostering multi-generational talent, during the Women in IT Summit USA 2021 on the 28th April.

Read full article here: (Information Age)

Knoll Inc (KNL) gains 2.14% for April 08

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Thursday, 08 April, 2021

Knoll Inc (NYSE: KNL) shares gained 2.14% to end trading Thursday at $16.70 per share – a net change of $0.35. Shares traded between $16.71 and $16.13 throughout the day.

338752 shares of Knoll Inc exchanged hands.

Visit Knoll Inc’s profile for more information.

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Herman Miller joins the Future Forum to redesign work at home and in the office

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Tuesday, 06 April, 2021

ZEELAND, Mich., April 6, 2021 /PRNewswire/ — Herman Miller (NASDAQ: MLHR), the globally recognized leader in furniture and office design, is joining the Future Forum, the Slack-backed consortium that’s helping executives at leading companies deliver on the transformation needed to thrive in the post-pandemic world.

Read full article here: (CISION PR Newswire)

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Commercial office giant Steelcase eyes home segment as growth opportunity

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Monday, 05 April, 2021

GRAND RAPIDS, Mich. — For many years, Steelcase has been known for its commercial office lineup, mostly in office chairs, but also desks, workstations and storage units such as lateral files and book cases. In addition, the manufacturer produces a line of contract grade furniture for classrooms and health care facilities.

Read full article here: (Furniture Today)

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Herman Miller Named to Fast Company’s Annual List of the World’s Most Innovative Companies for 2021

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Sunday, 04 April, 2021

(MENAFN – Mid-East.Info) Luxury Furniture Maker among top-ranked in the Gaming Category

UAE: Herman Miller (NASDAQ:MLHR) has been named to Fast Company’s prestigious annual list of the World’s Most Innovative Companies (MIC) for 2021.

The list honors businesses that have not only found a way to be resilient in the past year, but also turned those challenges into impact-making processes. These companies did more than survive, they thrived—making an impact on their industries and culture as a whole. This year’s MIC list features 463 businesses from 29 countries. Herman Miller was selected for the gaming category.

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Kimball International Announces Changes to its Board of Directors

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Tuesday, 30 March, 2021

JASPER, Ind., March 30, 2021 (GLOBE NEWSWIRE) — Kimball International, Inc. (NASDAQ: KBAL) today announced the Company has appointed Valerie R. Love as an independent member of its Board of Directors, effective April 1, 2021. Ms. Love will also serve on the Compensation and Governance Committee and stand for election at the Company’s 2021 annual meeting of shareholders.

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Furniture retailer Bob Berman dies at 65

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Tuesday, 30 March, 2021

ORCHARD LAKE, Mich. — Robert “Bob” Berman, principal of Furniture Factory Liquidators in Livonia, Mich., died March 26. He was 65.

Berman was the son of Jimmy and Bernice Berman. He graduated from West Bloomfield High School in 1973 and from Western Michigan University in 1976.

Former workers sue Flexsteel, claim denied severance pay

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Sunday, 28 March, 2021

A group of former Flexsteel Industries employees is suing the company, alleging it used the pandemic to collect millions in federal aid while newly installed executives enriched themselves and denied severance pay to hundreds of laid-off, long-term workers.

The six plaintiffs, including three that worked in Dubuque, seek class-action status for their lawsuit, filed recently in federal court. They claim the Dubuque-headquartered company has violated the Iowa Wage Payment Collection Act, as well as the federal Worker Adjustment and Retraining Notification Act of 1988 and Employee Retirement Income Security Act of 1974.

Read full article here: (Telegraph Herald)

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Herman Miller opens new multistory location in Chicago

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Friday, 26 March, 2021

CHICAGO — Home furnishings design company Herman Miller has opened a new five-story standalone location in Chicago’s Fulton Market that brings its family of eight brands together under one roof in a new retail, showroom and exhibition space.

Read full article here: (Furniture Today)

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