Herman Miller, Inc. researches, designs, manufactures, and distributes interior furnishings for use in various environments, including office, healthcare, educational, and residential settings. The company also provides related services that support organizations and individuals worldwide. The company's products are sold primarily through the following channels: owned and independent contract furniture dealers, direct customer sales, owned and independent retailers, direct-mail catalog program, and the company's online stores. The company offers office furniture systems, seating products, other freestanding furniture elements, textiles, and related services. Most of these systems and products are designed to be used together. The company’s modular systems include Canvas Office Landscape, Locale, Metaform Portfolio, Public Office Landscape, Layout Studio, Action Office, Ethospace, Arras, and Resolve. The company also offers a range of seating, including Embody, Aeron, Mirra2, Setu, Sayl, Celle, Equa, and Ergon office chairs; storage, including Meridian and Tu products; wooden casegoods, including Geiger products; freestanding furniture products, including Abak, Intent, Sense and Envelop; healthcare products, including Palisade, Compass, Nala, and other Nemschoff products; the Thrive portfolio of ergonomic solutions; and the textiles of Maharam Fabric Corporation. The company's products are marketed worldwide by its own sales staff, independent dealers and retailers, its owned dealer network, and via its e-commerce Website. The company's furniture systems, seating, freestanding furniture, storage, casegood and textile products, and related services are used in institutional environments, including offices and related conference, lobby, and lounge areas, and general public areas, including transportation. The company sells to the U.S. Government both through a General Services Administration (GSA) Multiple Award Schedule Contract and through competitive bids. The company estimated that the major single end-user customer, the U.S. federal government, accounted for $97 million of the company's net sales in fiscal year ended May 30, 2015. Acquisitions In 2014, the company acquired Design Within Reach, Inc. (DWR) and formed a new consumer-focused business unit comprised of DWR and the company's existing eCommerce and retail wholesale business. International Operations The company's sales in international markets are made primarily to office/institutional customers. Foreign sales consist mostly of office furniture products such as Abak, Aeron, Mirra, Celle, Sayl, Layout Studio, Arras, and other seating and storage products (including Sun Hing POSH Holdings Limited products). The company conducts business in various major international markets: Europe, Canada, the Middle East, Latin America, South America, and the Asia/Pacific region. The company's products sold in international markets are manufactured by wholly owned subsidiaries in the United States, the United Kingdom, and China. Sales are made through wholly owned subsidiaries or branches in Canada, France, Germany, Italy, Japan, Mexico, Australia, Singapore, China (including Hong Kong), India, and the Netherlands. The company's products are offered in the Middle East, Europe, South America, Africa, and Asia through dealers. Patents and Trademarks The company has 138 active United States utility patents on various components used in its products and 54 active United States design patents. Various trademarks, including the name and stylized Herman Miller and the Herman Miller Circled Symbolic M trademark are registered in the United States and many foreign countries. Research and Development The company uses both internal and independent research resources and independent design resources. Exclusive of royalty payments, the company spent approximately $56.7 million on research and development activities in fiscal 2015. Competition In the United States, the company's most significant competitors are Haworth, HNI Corporation, Kimball International, Knoll, and Steelcase. History Herman Miller, Inc. was founded in 1905. The company was incorporated in Michigan in 1905.
herman miller inc (MLHR:NASDAQ GS)
855 East Main Avenue
PO Box 302
Zeeland, MI 49464
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