Contract furniture giant Haworth Inc. said it has sold its wholly-owned subsidiary Groupe Lacasse to an independent investment group headed by Sylvain Garneau, president of the Saint-Pie, QUE-based company since 2010.
Office furniture giant Steelcase Inc. has been recognized by the Michigan Green Leader awards and Michigan's 101 Best & Brightest Sustainable Companies for its efforts in sustainability.
GRAND RAPIDS, MI - Steelcase Inc., a manufacturer of wood and metal office furniture, saw profits soar 178% to $56.7 million for its fiscal year ended February 24.
Haworth Inc. announced that its 2011 global sales for office furniture and workspaces reached $1.38 billion, an increase of 15 percent over 2010. The company noted that acquisitions and strategic partnerships also had a positive impact on growth for the year.
HNI Corp.'s reported fiscal 2011 net sales of $1.8 billion, a 9 percent increase from the prior year, with an income from continuing operations of $45.7 million, a 54 percent increase.