Steelcase Inc. (NYSE:SCS) fourth quarter revenue was $747.9 million and net income of $77.5 million. Results include significant favorable impact from reversal of French tax valuation allowance and gain on partial sale of unconsolidated affiliate
Steelcase Inc. signed a 12-year power purchase agreement with Apex Clean Energy for 25 megawatts of wind power. This makes up about half of the business furniture maker's renewable energy buys and directly supports construction of a new clean energy facility to open this year.
Stocks of U.S. furniture makers rebounded on Monday, Aug 31 after a dip in late August brought on by the Chinese stock crises, which has roiled global financial markets over the past month. Although continued concerns about the Chinese manufacturing sector sent the market plummeting again on Tuesday.
Steelcase says the Brody WorkLounge is “the first and only microenvironment designed for the brain and the body” — enabling people to remain focused on what’s important.
My favorite thing at Neocon 2015 was this work station from Steelcase that has the best foot rest ever. You can pull your electronic device towards you for ergonomic comfort. There's storage on the side for bags or files. It has lumbar support, but mostly looks really cool.
Target sold its office furniture division, Target Commercial Interiors (TCI), an interior design firm with six showrooms in four states, to Minneapolis-based Omni Workspace Co. TCI is one of Steelcase's largest dealers.
Ecovative Design has made a mission of replacing synthetic plastic polymers with natural mushroom based polymers, called mycellium. First used in packaging and OSB-alternatives, new applications are being developed to replace plywood in furniture.