The Business and Institutional Furniture Manufacturers Association launched the BIFMA Compliant product registry to provide clarity in the market about products that meet established industry standards.
The Grand Rapids-based nonprofit trade association BIFMA said Monday that it launched BIFMA Compliant, an industrywide registry of furniture products conforming to BIFMA safety and durability standards.
Herman Miller, a Zeeland-based (northeast of Holland) home and office furniture company, has introduced a sustainable textile collection, including fabric entirely made from recycled and ocean-bound plastic materials as well as a 100 percent post-consumer biodegradable polyester.
MUSCATINE, Iowa (March 1, 2021) – HNI Corporation (NYSE: HNI) today announced sales for the full year ended January 2, 2021 of $1.955 billion and net income of $41.9 million. GAAP net income per diluted share was $0.98, compared to $2.54 in the prior year. Non-GAAP net income per diluted share was $1.79, compared to $2.59 in the prior year. GAAP to non-GAAP reconciliations follow the financial statements in this release.
Kimball International Inc. (KBAL) had a good day on the market for Wednesday February 24 as shares jumped 2.3% to close at $12.92. About 255,806 shares traded hands on 2,763 trades for the day, compared with an average daily volume of n/a shares out of a total float of 36.88 million. After opening the trading day at $12.73, shares of Kimball International Inc. stayed within a range of $13.00 to $12.60.
HNI Corporation (HNI) had a good day on the market for Wednesday February 24 as shares jumped 3.46% to close at $37.67. About 243,951 shares traded hands on 3,249 trades for the day, compared with an average daily volume of n/a shares out of a total float of 42.71 million. After opening the trading day at $36.88, shares of HNI Corporation stayed within a range of $37.72 to $36.38.
Herman Miller Inc. (MLHR) had a good day on the market for Wednesday February 24 as shares jumped 3.07% to close at $39.60. About 288,352 shares traded hands on 3,873 trades for the day, compared with an average daily volume of n/a shares out of a total float of 58.98 million. After opening the trading day at $38.64, shares of Herman Miller Inc. stayed within a range of $39.85 to $38.54.
Trendway added a pair of independent sales rep groups in Ontario and Quebec, continuing its expansion into Canada.
The Holland-based furniture manufacturer, which is part of Itasca, Illinois-based Fellowes Brands through its Fellowes Contract Interiors division, said last week that it added Hamilton, Ontario-based Green River Furniture and Montreal, Quebec-based Major Design Furniture to its sales team as independent rep groups.
Furniture manufacturer La-Z-Boy Incorporated has named its chief financial officer Melinda D. Whittington to succeed retiring President and Chief Executive Officer Kurt L. Darrow, effective April 25.
Darrow will remain chairman of the Monroe, Michigan-based company’s board of directors. Whittington also was elected to serve on the board.
Bob Lucian, the company’s vice president of finance, will succeed Whittington in the role of CFO.
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