office furniture

Almanac Market Data

Commercial furniture index remains strong

Business remains strong for the commercial furniture industry and its suppliers, according to the quarterly MADA / OFI Trends survey. The January 2016 overall survey index was 57.25, exceeding the October 2015 index, which was 56.05. Three index values in quarterly MADA/OFI survey reach record highs.

Furniture

Wood and steel: Iron Age Office launches furniture production business

Iron Age Office is a joint collaboration between Sean Dineen and Michael Stephens. With Stephen’s extensive experience as a 2nd generation steel fabricator and Dineen’s influential upbringing in the “steel city” (Sheffield England), the two share a passion for fabricating raw materials into beautiful, bold structures.

Furniture

HNI 2Q Office Furniture Sales Up 12%

HNI’s office furniture sales for the second quarter jumped 12% compared to last year’s figures, reaching $568.2 million. The company says $25 million can be attributed to the acquisition of the Vermont Castings Group.