Indiana Governor Honors Indiana Furniture for Business Longevity and Service to Hoosier Workforce

/0 Comments/in , /by

Thursday, 23 July, 2020

On July 21, Indiana Governor, Eric J. Holcomb honored Indiana Furniture with the Governor’s Century Business Award in recognition of the company’s longevity and service to its employees, community, and the state.

“It’s an honor to recognize Hoosier business leaders who have been creating quality opportunities for Hoosiers and running their businesses in Indiana for more than 100 years,” Gov. Holcomb said. “Through a strong dedication to their employees, their businesses, and their communities, this company exemplifies the pioneering spirit and perseverance that will keep Indiana on the path to success for centuries to come.”

Read full article here: (FURNITURE WORLD)

Full Article

La-Z-Boy Creating 125 Jobs in Siloam Springs

/0 Comments/in , /by

Wednesday, 22 July, 2020

The expansion is a result of increased demand and a reorganization of the company, according to a news release. It also comes after the plant temporarily shut down in March because of the COVID-19 pandemic.

Read full article here: (ARKANSAS BUSINESS)

Full Article

Haworth acquires Italian furniture maker, adds to Lifestyle Design Group

/0 Comments/in , /by

Wednesday, 22 July, 2020

HOLLAND — Office furniture maker Haworth Inc. has finalized a deal that added yet another high-profile name to its portfolio of international brands.

Through Haworth’s Italy-based Poltrona Frau Group, the Holland-based company said that it acquired Luxury Living Group, an Italian furniture maker and interior design company that produces and distributes high-end furniture in Italy, working under licensing agreements with such brands as Fendi Casa, Bentley Home and Bugatti Home.

Read full article here: (MIBIZ )

Full Article

 

HNI Corporation Reports Earnings for Second Quarter Fiscal Year 2020

/0 Comments/in , /by

Wednesday, 22 July, 2020

HNI Corporation (NYSE: HNI) today announced sales for the second quarter ended June 27, 2020 of $417.5 million and net income of $12.6 million. GAAP net income per diluted share was $0.29, compared to $0.36 in the prior year. Non-GAAP net income per diluted share was $0.20, compared to $0.38 in the prior year. GAAP to non-GAAP reconciliations follow the financial statements in this release.

Steelcase announces relationship with Italian furniture maker Mattiazzi

/0 Comments/in , /by

Tuesday, 21 July, 2020

GRAND RAPIDS, Mich. —Steelcase has entered into a relationship with Italian furniture brand Mattiazzi to offer customers access to Mattiazzi’s complete catalog of hand-finished wood furniture with immediate availability in North America.

“As workers return to the office now and in the future, a range of informal spaces will be even more desirable as people look for collaborative settings that support their emotional and physical wellbeing,” said Allan Smith, Steelcase vice president of global marketing. “Mattiazzi designs are innovative and offer a fresh aesthetic that works well in a range of indoor and outdoor spaces and are easy to clean.”

Read full article here: (FURNITURETODAY)

Full Article

 

Did Hedge Funds Make The Right Call On Steelcase Inc. (SCS) ?

/0 Comments/in , /by

Friday, 17 July, 2020

We know that hedge funds generate strong, risk-adjusted returns over the long run, which is why imitating the picks that they are collectively bullish on can be a profitable strategy for retail investors. With billions of dollars in assets, professional investors have to conduct complex analyses, spend many resources and use tools that are not always available for the general crowd. This doesn’t mean that they don’t have occasional colossal losses; they do. However, it is still a good idea to keep an eye on hedge fund activity. With this in mind, let’s examine the smart money sentiment towards Steelcase Inc. (NYSE:SCS) and determine whether hedge funds skillfully traded this stock.

Read full article here: (Yahoo Finance)

Full Article

HNI Corporation (HNI) Soars 1.19% on July 16

/0 Comments/in , /by

Thursday, 16 July, 2020

HNI Corporation (HNI) had a good day on the market for Thursday July 16 as shares jumped 1.19% to close at $30.72. About 160,925 shares traded hands on 1,846 trades for the day, compared with an average daily volume of n/a shares out of a total float of 42.65 million. After opening the trading day at $30.20, shares of HNI Corporation stayed within a range of $30.93 to $30.06.

Read full article here: (Equities)

Full Article

Key reasons why dividend hunters should check out Herman Miller Inc

/0 Comments/in , /by

Thursday, 09 July, 2020

In uncertain economic times, dividends play a crucial role in the total return that investors get from shares like Herman Miller Inc (NSQ:MLHR). These payouts – when they remain intact – can compensate for volatile market conditions. When share prices come under pressure, stocks with robust finances continue to offer a regular cash return to shareholders. But finding these reliable payouts is a challenge. With so many ways of assessing dividends – and so many potential traps – it’s important to focus on the most useful measures. To help you find the best dividends possible, there are a few key areas to consider. Let’s take a look at Herman Miller Inc as an example of how this works.

Read full article here: (UK Yahoo Finance)

Full Article

 

Steelcase Recognized as One of the 50 Most Community-Minded Companies in the United States

/0 Comments/in , /by

Wednesday, 08 July, 2020

GRAND RAPIDS, Mich., July 08, 2020 (GLOBE NEWSWIRE) — Recently, Steelcase was named a 2020 honoree of The Civic 50, an initiative of Points of Light. The company’s expansive involvement in community programs – including a mix of volunteered time, product/service donations and financial gifts, as well as the integration of community commitment into business policies and practices – led to the recognition.

Read full article here: (GLOBE NEWSWIRE)

Full Article

BIFMA names new CEO, board

/0 Comments/in , /by

Wednesday, 08 July, 2020

GRAND RAPIDS, Mich. –  BIFMA has appointed Deirdre Jimenez as its first president and CEO. She will succeed Tom Reardon, who is retiring after 22 years as executive director of BIFMA, the not for profit trade association for business and institutional furniture manufacturers.

Read full article here: (WOODWORKING NETWORK)

Full Article