Displaying items tagged: Steelcase Inc
Steelcase sales underperform expectations for third quarter
Grand Rapids-based Steelcase (NYSE: SCS) this week reported preliminary sales of $772 million for its third quarter of the 2018 fiscal year. That compares with sales of $787 million for the same three-month period a year earlier, and with the company’s expectations for sales of $785 million to $810 million.
Steelcase to acquire California furniture maker
Office furniture maker Steelcase Inc. plans to acquire a California-based maker of height adjustable desking, benching and seating for workstations.
Data center operator Switch to pay $25 million for Pyramid campus south of Grand Rapids
GAINES TOWNSHIP — Technology firm Switch Inc. plans to buy the 700,000-square-foot Pyramid campus that’s home to its data center in southern Kent County, MiBiz has learned.
GR investors lead funding round for artificial intelligence-based wellness app
An Ann Arbor company that wants to take traditional workplace wellness to an entirely new level using artificial intelligence has drawn a large share of capital from Grand Rapids-based investors.
Anxiety and uncertainty: Fallout from Trump administration’s plan to rescind DACA
West Michigan educators and at least one business group say the Trump administration’s plan to rescind the Deferred Action of Childhood Arrivals program already is leading to anxiety and uncertainty.
Compounding just in time: Manufacturers focus on logistics as global supply chains grow, product complexity increases
Manufacturers are finding they increasingly have to focus on an aspect of their business that doesn’t involve making a product.
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Staying the course: Manufacturers’ R&D spending expected to remain steady through 2018
West Michigan manufacturers continue to take a steady yet conservative approach to research and development spending.
As real estate market surges, West Michigan creatives ponder their place
When Brian Kelly first heard about a suburban space to move his Grand Rapids-based photography studio, he ignored the idea for one simple reason: It was in Kentwood.
Office furniture companies embrace coworking, variety of spaces
With an increasingly mobile workforce and an ever greater need for technology investments, companies and entrepreneurs continue to seek out new designs for their offices.
Shifting to Services? Office furniture makers shake up business model with new data offerings
CHICAGO — When Herman Miller Inc. first introduced the Aeron chair during the dawn of the dot-com era in 1994, it took the office furniture industry by storm.
Bringing Home to Work: ‘Resimercial’ office products dominate at NeoCon
CHICAGO — After years of shifting between private spaces and open office floor plans, the office furniture industry seems to have settled on a happy medium.
Volatile order environment continues to impact Steelcase in start of new fiscal year
Despite an erratic environment for orders, Steelcase Inc. reported earnings on par with the previous year.
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GVSU’s new Design Thinking Academy aims to embed design culture in local companies
GRAND RAPIDS — Over his storied career, John Berry has advocated for the benefits of incorporating design principles outside of traditional creative industries. Now, Berry is taking that vision one step further at Grand Valley State University with the new Design Thinking Academy, where he serves as director. The academy spun off from the university’s Design Thinking Initiative that launched in 2014.
With Hackett, Ford hopes for another visionary CEO
When Jim Hackett retired from the corner office at Steelcase Inc. in 2014, he told MiBiz the “narrative is still being written” about what he planned to do in the next phase of his professional life.
Partnership drives tech sector training
A new partnership and grant dollars aim to help train future technology sector employees.
Office furniture manufacturers report stagnant earnings in latest quarters
West Michigan-based contract furniture companies have muddled through the recent period of political uncertainty and mixed international demand.
Steelcase flat for 2017 fiscal year despite rocky first two quarters
Bolstered by increased order volume from the Americas and Asia, Steelcase Inc. managed to close its 2017 fiscal year on par with the previous year’s results.
Electric choice customers, suppliers optimistic despite recent federal ruling
Federal regulators this month rejected a plan by the multi-state electric grid operator to redesign the capacity auction process for parts of Michigan and Illinois, a move that would have affected electric choice customers and providers.
Unknowns cloud 2017 outlook for West Michigan office furniture makers
HOLLAND — Backed by strong growth in the European market and synergies created through its residential business unit, Haworth Inc. closed 2016 with better sales growth than the company had in the prior year.
Reality based: Video game design educational programs help tech firms compete in VR/AR
People don’t often associate West Michigan with video game design, and for good reason.
Steelcase performance flat in third quarter
Steelcase Inc. reported flat earnings in its third quarter, but still met analyst predictions and the guidance the company issued earlier in the year.
Global design firm executive joins Steelcase board of directors
Tim Brown, president and CEO of Palo Alto, Calif-based IDEO has joined the board of directors at Steelcase Inc.
Human Rights Campaign lists 5 West Michigan firms as top LGBT-inclusive workplaces
Five West Michigan companies rank among the top performing organizations in the nation for providing an inclusive environment for lesbian, gay, bisexual and transgender (LGBT) workers.
Weak orders drive down earnings for Steelcase in Q2 2017
Declining order volumes hampered revenues for office furniture maker Steelcase Inc. in its second quarter of its 2017 fiscal year, which ended Aug. 26, 2016.
WMCAT announces new HQ on Grand Rapids’ West Side; $7.5 million capital raise
Nonprofit education organization West Michigan Center for Arts + Technology (WMCAT) today announced a plan to move its headquarters to the emerging Bridge Street corridor.
AUTO FOCUS: Automotive suppliers equipped for free trade
The mood of the country as reflected in the major political parties suggests a sharp turn against global free trade.
Post-Brexit, West Michigan public company stocks take a beating
Stock prices of West Michigan’s publicly traded companies tumbled on Friday as Wall Street succumbed to the uncertainty caused by the U.K.’s decision to exit the European Union.
Amid flat growth, Steelcase projects declining revenue ahead
While Steelcase Inc.’s first quarter earnings largely met executives’ expectations, the company projects a decline in revenues and orders in its second quarter, driven largely by uncertainty in the global market.
Companies increasingly see office environments as key to worker well-being
Employers who are increasingly paying attention to the overall well-being of employees are generating opportunity for West Michigan office furniture makers to create the type of workspaces that contribute to workers’ health.
As office spaces change, design remains top of mind for employers
Grand Rapids-based law firm Miller Johnson Snell & Cummiskey PLC recently joined the growing ranks of companies ditching aging, inefficient offices for modern space better suited for collaboration.