HOLLAND, Mich. – Workplace furniture manufacturer Fellowes Brands is set to begin shutting down and laying off workers at its Trendway furniture plant, a decision announced in February.
Fellowes will begin laying off 117 workers later this month, with layoffs concluding Oct. 10, according to a company letter to the state of Michigan.
South Korean furniture manufacturer KOAS Co. announced that it officially launched its new brand Space in April 2024. The brand allows customers to design their working spaces with a minimalist vibe.
DUBUQUE, Iowa — Auction house Heritage Global Partners, in partnership with Integra Asset Solutions, announced that they were conducting an online auction featuring woodworking and furniture manufacturing equipment from Flexsteel Industries’ Dublin, Georgia, plant that was closed earlier this year.
MillerKnoll, a collective of dynamic design brands, announces that it has won a 2024 SEAL Business Sustainability Award. Presented annually, SEAL (Sustainability, Environmental Achievement and Leadership) Awards honor innovation, commitment to sustainable business practices, and leadership.
MONROE, Mich., May 01, 2024 — La-Z-Boy Incorporated (NYSE: LZB), a global leader in the manufacture and retail of residential furniture, today declared a quarterly cash dividend on the company’s common stock of $0.20 per share. The dividend will be paid on June 14, 2024 to shareholders of record as of June 4, 2024.
GRAND RAPIDS, Mich. – Office and contract furniture giant Steelcase has teamed up with Fnatic, a U.K.-based esports group and one of the largest competitive gaming organizations in the world. This marks the company’s second esports partnership in a year.
DUBUQUE, Iowa, April 29, 2024—Flexsteel Industries, Inc. (NASDAQ:FLXSN), announces the appointment of Derek P. Schmidt to the position of President and Chief Executive Officer effective July 1, 2024. Mr. Schmidt will succeed Jerald K. Dittmer who has announced his resignation from the position of Chief Executive Officer effective June 30, 2024, and retirement from Flexsteel on December 31, 2024.
DUBUQUE, Iowa–Flexsteel Industries, Inc. (NASDAQ: FLXS) (“Flexsteel” or the “Company”), one of the largest manufacturers, importers, and marketers of residential furniture products in the United States, today reported third quarter fiscal 2024 results.
MUSCATINE, Iowa – Office and contract furniture giant HNI reported $588 million in first quarter sales, a 22.7% increase over the same period last year. Just like last quarter, however, it should be noted a bulk of this increase is due to HNI’s purchase of competing contract furniture giant Kimball in March of last year. When looking at organic sales without Kimball, sales fell 8.1%.
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