Kimball International, Inc. (KBAL) announced the completion of the sale of its Idaho facility which was idled by the consolidation of the production from this facility into its existing Indiana facilities. Proceeds from the sale, after deducting selling costs and paying taxes on an estimated pre-tax gain of $2.1 million, were approximately $10 million and will be used towards funding up to $25 million in share repurchases over approximately the next 12-14 months.  

Inscape Thursday announced for the first quarter ended July 31, 2016, revenues grew 57.9% versus the same quarter in the prior year as sales increased 18% over the previous quarter.

Imagine a space with the ambience of a modern boutique hotel’s lounge, but the functionality of an A&D office and curated showroom, and you’ll start to picture Studio-Tag. This gorgeous space, built by Fifield Piaker Elman Architects, was created to serve designers every step of the creative process, from the conceptual-design phase to the product-selection phase.

Read about this project on workdesign.com >

Safco Products Company Thursday announced plans to acquire the business assets of Wisconsin-based Mayline® Company, LLC. 

The acquisition is expected to close by September 2016. 

"The addition of Mayline products to the Safco Portfolio further strengthens our reach and capabilities for customers across the country," said Paul Griffiths, Safco General Manager. "We are building a powerful set of commercial furniture and office product solutions for our customers."

First, there’s the name of the company: Dirt. Short, snappy, pithy, a four-letter, one-syllable word that cuts to the chase.

In truth, the name is DIRTT. Just as good. Only better. Especially when you learn what DIRTT stands for: Doing It Right This Time. Five words, six syllables. It’s strong and affirmative. It’s an oath, an assertion. Rather brilliant, really. Isn’t that what we all want — from ourselves and others, from people who are working for us? Just do it right. Don’t mess around. Don’t waste my time. Don’t be sloppy.

Read the article on savannahnow.com >

Revenue growth of 15.9% to $61.3 million versus the same prior year quarter. Gross profit % increased by 410 basis points from 40.5% to 44.6% over Q2 2015, and adjusted gross profit % also increased by 410 basis points to 46.1% over Q2 2015.

Net sales in the fourth quarter of fiscal year 2016 increased 4% from the prior year fourth quarter.  The increase was primarily driven by the healthcare and government verticals (both up 17%), the education vertical (up 11%), and the hospitality vertical (up 6%).

Trendway has built furniture in West Michigan — specifically, Holland Township — for 48 years, but did you know the machines that build the furniture are also built in West Michigan?

"As a West Michigan-based organization we do feel it's important to support our peers in the marketplace, and look first to local suppliers because it's good for the community,” said Mark Kinsler, Trendway president. “We hope others do as well."

Read the article on hollandsentinel.com >

What exactly does a company town look like in the 21st century? Curbed trekked to Grand Rapids, Michigan, to take a look at furniture manufacturing through the eyes of Herman Miller’s 3,700-strong workforce.

Read the article on curbed.com >