Posted on 03/29/2007 6:22:00 PM PDT by Mr. Brightside
Who cares?
Should be breaking news. LOL
No more kidding around. Let's get serious.
:-(
Related?
when cheapo office furniture just won't do...
No offense meant to anyone, really. It is more a structural integrity thing.
I was thinking about putting "NOT A WILLIE GREEN POST" in the title so people would not get confused and think he was back.
I'm certain willie is back, just undercover.
It's always good news to see manufacturers kickin butt. Here in the NW, its a fantastic economy, with Boeing leading the way again.
Dude!
Hey, you better stop being so "graphic"!
Well, sarbanes-oxley had to end up being good for somebody. Just like they used to say that ISO9000 was just a plot by SteelCase to sell more filing cabinets.
It worked. For a while.
:-)
Who is Herman Miller and where is Zeeland? Is that New Zeeland?
I have worked at the microscope while sitting on 50 year-old office chairs (doubtless at one time graced by far more attractive derrierres (8^D)).
Quality construction holds up. Junk is junk.
I also wonder if, in the age of international terror, there is a market for 'bulletproof' cubicle panels...
That profit is obscene.
They need to be slapped with a windfall profits tax.
/s
But the bad thing is that if you try and move one of their file cabinets by yourself, you'll bust a nut.
I am sure that they only lost all that money so that they could take a tax deduction.
Kramer: "Jerry, all these big companies, they write off everything."
Jerry : How is it a write off?
Kramer : They just write it off.
Jerry : Write it off what?
I do! I work at the company that's been doing very well for the past two years. LOL. Steelcase still has a LOT to do though. Reducing their footprint will help, and they are on their way. Reducing their almost total vertical integration will also help. They also need to take their capital and invest it in R&D.
Nope, that's Zeeland, Michigan just outside Holland, Michigan. Zeeland/Holland is 25 min. west of Grand Rapids. Holland is on the Lake Michigan shore. The West Michigan area is one of the few remaining conservative areas of Michigan, though we are getting our share of immigration/illegals now.
No, they really lost all that money because they were way too fat when 9-11 hit, and they had no plan post 9-11 to cut costs immediately for future growth. In order to sell, they deep discounted their furniture, more than usual, just to stay afloat. They also do the majority of their own manufacturing instead of actual assembly. So, being fat for them was something that was across the board, which is why it has taken so long for them to recover. They still have much to do. Big Blue, as they are called around here, will be much better as Medium-sized Blue.
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