Small, new companies created by Steelcase Inc. to outfit hospitals and doctors offices are among the latest indicators that the once-ailing U.S. office furniture industry both on the road to recovery.
Maintain by Steelcase, launched this month with 23 employees, which occurred after a certain market to grow as baby boomers and Gen Xers require more medical attention. Will offer furniture for patient rooms, nursing stations, laboratories, waiting areas and other medical environments.
Will also foster more diversified income stream Steelcase, something many successful office furniture companies do when they continued to rebound from the unprecedented, industrywide sales decline that lasted for nearly four years beginning in 2001.
Some furniture makers are finding sources of new revenue by expanding into new product categories. Another has focused on the high price of goods to major companies to sell more items to midprice smaller businesses. However, others are exploring the possibility of expansion into developing markets in Asia.
Steelcase and Herman Miller Inc. said they continue to put more money into product innovation during the slump. Herman Miller, perhaps best known for its Aeron ergonomic office chair, will introduce the largest collection in the history of the product during the Neocon World's Trade Fair, spokesman Mark Schurman said.
Office of the future may be illuminated by Herman Miller's new LED lighting that will be introduced in between the products in the industry's largest annual trade show.
This event will be held 12-14 June in Chicago.
Will also foster the Neocon to introduce some product designs.
After three decades of constant growth, the industry enjoys best year ever in 2000, recording $ 13.3 billion worth of orders, according to the Business and Institutional Furniture Manufacturers Association International, a trade group based in Grand Rapids, Mich.
Then orders slide, bottoming out at $ 8.5 billion in 2003 and increased only to $ 8.9 billion in the next year. Expansion plans the company cease and desist order furniture because of concerns about the economy and terrorism.
"This clearly wasn'ta fun time to go through," said Joe Nowicki, treasurer and Vice President of investor relations for Herman Miller.
In 2005, things started looking up. Industrywide orders increased to $ 10.1 billion, up 12.7 percent from the previous year. www.azcentral.com
Maintain by Steelcase, launched this month with 23 employees, which occurred after a certain market to grow as baby boomers and Gen Xers require more medical attention. Will offer furniture for patient rooms, nursing stations, laboratories, waiting areas and other medical environments.
Will also foster more diversified income stream Steelcase, something many successful office furniture companies do when they continued to rebound from the unprecedented, industrywide sales decline that lasted for nearly four years beginning in 2001.
Some furniture makers are finding sources of new revenue by expanding into new product categories. Another has focused on the high price of goods to major companies to sell more items to midprice smaller businesses. However, others are exploring the possibility of expansion into developing markets in Asia.
Steelcase and Herman Miller Inc. said they continue to put more money into product innovation during the slump. Herman Miller, perhaps best known for its Aeron ergonomic office chair, will introduce the largest collection in the history of the product during the Neocon World's Trade Fair, spokesman Mark Schurman said.
Office of the future may be illuminated by Herman Miller's new LED lighting that will be introduced in between the products in the industry's largest annual trade show.
This event will be held 12-14 June in Chicago.
Will also foster the Neocon to introduce some product designs.
After three decades of constant growth, the industry enjoys best year ever in 2000, recording $ 13.3 billion worth of orders, according to the Business and Institutional Furniture Manufacturers Association International, a trade group based in Grand Rapids, Mich.
Then orders slide, bottoming out at $ 8.5 billion in 2003 and increased only to $ 8.9 billion in the next year. Expansion plans the company cease and desist order furniture because of concerns about the economy and terrorism.
"This clearly wasn'ta fun time to go through," said Joe Nowicki, treasurer and Vice President of investor relations for Herman Miller.
In 2005, things started looking up. Industrywide orders increased to $ 10.1 billion, up 12.7 percent from the previous year. www.azcentral.com
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