World of Investment - Das Finanzportal für Ihren Erfolg an der Börse!

Herman Miller Earns Top Awards at Industry's Largest Market Event

ZEELAND, Mich., June 11 /PRNewswire-FirstCall/ -- Herman Miller, (News) Inc. won with both customers and dealers at the NeoCon 2008 World's Trade Fair, North America's largest exhibition of contract furnishings for the design and management of the built environment, held in Chicago, June 9-11. The annual gathering of design professionals, corporate end users and furniture dealers recognized the company in two separate awards programs, reviewing both new product introductions and also manufacturers' reputations among independent furniture dealers.

The annual Best of NeoCon Awards for product, juried by more than 50 interior design and real estate management professionals who reviewed more than 400 entries, recognized Herman Miller's Teneo(TM) Storage Furniture with both a Gold award in the Filing and Storage category and the coveted overall "Best of Competition" among all category entries. Additionally, Herman Miller received a Silver award in the Healthcare Seating category for its ergonomically advanced Nala(TM) patient room chair, introduced through its Brandrud healthcare subsidiary, while subsidiary Geiger International garnered two Silver awards in Conference Room Casegoods and in Occasional Tables for its Caucus(TM) conferencing suite and Lissome(TM) table.

The Best of NeoCon awards, now in their 19th year, are sponsored and organized by the International Interior Design Association, the International Facility Management Association, Contract magazine, the McMorrow Report, and Merchandise Mart Properties, Inc.

Herman Miller President and CEO Brian Walker noted, "These awards reflect both our expanding markets strategy and Herman Miller's continuing investment in innovation, across our office furniture business and in new growth areas like healthcare. It's particularly meaningful to be recognized by representatives of our key customer audiences -- and a testimony to the talent and dedication of the people of Herman Miller, working closely with a great network of independent designers and suppliers."

In addition to product accolades, Herman Miller also received the "2008 Manufacturer of the Year Gold Award," presented by the Office Furniture Dealers Alliance (OFDA). The industry association for independent U.S. and Canadian office furniture dealers annually surveys its membership for their opinions on industry manufacturers. The awards are then presented in conjunction with the NeoCon gathering. This is the second time in three years that Herman Miller has received the top prize among major manufacturers.

Walker concluded, "Herman Miller's innovation quest goes beyond great product. We think in terms of 'performance innovation,' and strive to continually raise the bar in every aspect of our business and in our larger value chain, from supply to distribution. The OFDA's award is evidence that our efforts are valued by dealers, and we see even greater potential in our shared future."

About Herman Miller, Inc.

The designs and services of Herman Miller enhance the performance of human habitats worldwide, making customers' lives more productive, rewarding, delightful, and meaningful. The company's award-winning products, complemented by furniture management and strategic consulting services, generated over $1.9 billion in revenue during fiscal 2007. Widely recognized both for its innovative products and business practices, Herman Miller is a recipient of the prestigious National Design Award for product design from the Smithsonian Institution's Cooper-Hewitt, National Design Museum, and in 2008 was once again cited by FORTUNE magazine as both the "Most Admired" company in its industry and among the "100 Best Companies to Work For" in America. The company trades on the NASDAQ Global Select Market under the symbol MLHR.

 

Herman Miller, Inc., Repeats as Industry Leader in IndustryWeek's List of 50 Best
June 02, 2008   [E-mail Page]  [Print Page]   Herman Miller once again was selected by IndustryWeek magazine for its annual listing of the 50 Best U.S. Manufacturing Companies. Herman Miller is the only contract furniture manufacturer to appear on the list, which is available in the publication's June 2008 issue .

Each year, IndustryWeek compiles a ranking of the top 50 manufacturers in the United States. The magazine's methodology factors in revenue growth and profit margin over the past three years, with the most recent year's results weighted most heavily. Additionally, they evaluate three-year performance in four other financial ratios; return on equity, return on assets, asset turnover, and inventory turns.

With results from 2007 weighing most heavily in the selection process, Herman Miller's consolidated net sales grew 10.5 percent over the prior year to reach $1.92 billion, while orders were up 11.4 percent. Net sales also improved even as fiscal year 2006 included 53 weeks, versus 52 weeks in its fiscal 2007.

Herman Miller's Executive Vice President of Operations Ken Goodson said, "This last year's results and Industry Week's recognition are a real testament to the dedication and talent of Herman Miller's operations team, and we know we have even more success in front of us."

 

Ganz nettes Portfolio an Möbelstücken haben die. Bin da durch Zufall drauf gestoßen, na und der Kurs scheint auch recht stabil zu sein