HNI To Acquire HBF
3.24.08 | What a difference a decade makes. Ten years ago when the word was out
that HNI (then named HON INDUSTRIES) was bidding to acquire
Knoll from Westinghouse, one would have thought the world was
coming to an end, or at least the sky was falling. Now, everyone in the
know is breathing a huge sigh of relief that the treasured brand of
HBF is going to be safely tucked neatly near the warm, financially
sound hearth of HNI.
Haworth Hits $1.66 Billion
2.11.08 | Haworth is an interesting study in cautious but consistent
progress and risky, radical moves forward. From the electrified panel, to
mobile products and then the imaginative Crossings to the stunning
renovation of its Chicago showroom and the even more ambitious
headquarters renovation and complete showroom revitalization strategy to
demonstrate its total commitment to sustainability and a new vision for
the workplace. Last week Haworth announced that its 2007 sales
increased 12% to $1.66 billion. The company said that its was its fifth
consecutive year of growth, and included market share gains in North
America, Asia Pacific, Europe and Latin America.
DIRTT To Acquire Spider Manufacturing
2.11.08 | Mogens Smed sure made a timely selection for the name of his
3-year old enterprise, DIRTT Environmental Solutions. Of course,
Mr. Smed, as ardent as he may be about sustainability in his products,
his company and his industry, is a true-believer envrionmentalist whose
long-time projects have included the salmon, grizzly bears, and now
whales.
Teknion Restructure and Announces Management Changes
1.14.08| Teknion Corporation of Canada was very busy during 2007, and appears
to have achieve several successes. But few of these have been
apparent in its stock price. Now, it is undergoing a restructuring,
of which the details remain sketchy, but the general outlines are now
being disclosed.
At the end of last week, Teknion announced that Frank Delfino, Senior Vice President and most recently, President, of Canadian and International Markets, was appointed to the newly created position of President, Worldwide Markets. Simultaneously, Teknion announced that Stephen L. Silver, President of Teknion LLC (Teknion's U.S. business operation) has resigned.


