Displaying items by tag: Herman Miller Inc

As someone born and raised in Holland, Trent Ramos noticed a divide among fellow residents.

Here is the growth report for November 9, 2019.

ZEELAND — Office furniture maker Herman Miller Inc. has acquired the remaining shares of U.K.-based furniture designer and manufacturer Naughtone for $46.1 million.

This is the growth report for Oct. 12.

HOLLAND TOWNSHIP — A trio of industrial companies are planning expansions on the lakeshore in Holland Charter Township. 

ZEELAND — Office furniture manufacturer Herman Miller Inc. plans to increase its ownership stake in Denmark-based Hay A/S by an additional 34 percent. 

Steelcase Inc. and Herman Miller Inc. each recorded strong sales results for their most recent quarters.

Pi Optima Manufacturing Inc., a Zeeland-based machine shop that supplies the aerospace and automotive industries, is under new ownership. 

After a 40-year career at direct-selling giant Amway Corp., former Vice Chairman Bill Payne wanted to find a way to stay involved in the West Michigan business community. 

Despite slowing national economic growth, U.S. demand for office space continues to rise above forecasts. 

GRAND RAPIDS — The tight labor market that many CEOs across the nation worry about these days cut into Steelcase Inc.’s quarterly sales growth.

Former Herman Miller Inc. President and CEO Brian Walker joined Detroit-based private equity firm Huron Capital as a partner in charge of strategic leadership for portfolio companies.

West Michigan-based contract furniture makers Steelcase Inc. and Herman Miller Inc. expect to maintain sales momentum going into 2019.

Whether the West Michigan manufacturing industry continues on an ongoing growth trend in 2019 or veers into a contraction remains uncertain. Economist Paul Isely, associate dean for undergraduate programs in the Seidman College of Business at Grand Valley State University, uses automotive, furniture, agriculture, and “amazingly nowadays” aerospace manufacturing to find the pulse of where the region’s economy is headed in the coming months and years. 

Contract furniture manufacturer Herman Miller Inc. today reported strong quarterly sales and earnings gains.

As the U.S. wades deeper into a trade war with countries including China, West Michigan-based office furniture manufacturers have been forced to raise prices and re-evaluate their supply chains to mitigate risks.

Steelcase Inc. and Herman Miller Inc. each posted strong sales and earnings for their most recent quarters and expect growth to continue into the current period.

Andi Owen will become the first female president and CEO to lead Herman Miller Inc.

Before Landscape Forms Inc. acquired Kornegay Design last year, the Kalamazoo-based designer and manufacturer of site furniture, accessories and lighting mulled several acquisition targets that shared its design culture and core beliefs.

New tariffs and an escalating global trade war in recent weeks have stoked fears that global manufacturers will move production outside of the United States to protect their margins. 

Industry headwinds such as steel and aluminum tariffs and new disruptors are forcing many West Michigan office furniture makers to deal with new challenges. 

Inside Chicago’s Merchandise Mart at NeoCon earlier this month, office furniture manufacturers displayed new products that both showcased and contradicted the renewed shift to more private office spaces.

Whether via acquisition or partnership agreements, West Michigan’s office furniture makers are looking to fill product holes with their recent spate of deals.

Here is the MiBiz Growth Report for June 11, 2018:

In the second investment announced in as many days, Herman Miller Inc. acquired a minority stake in a Danish furniture maker.

A West Michigan office furniture company is partnering with an investor group to acquire a Dutch manufacturer of modular walls.

A handful of West Michigan executives find that practical business experience can carry over from the boardroom to the classroom.

A member of the executive team at Herman Miller Inc. has announced plans to retire.

GRAND RAPIDS — With the new AMP Lab @WMU that’s set to open this fall, Western Michigan University wants to leverage public- and private-sector partnerships to help local manufacturers innovate and access talent.

Brian Walker will retire from Herman Miller Inc. by Aug. 31, ending a 29-year career at the office furniture manufacturer, including 14 years as president and CEO.