Herman Miller Says Trade War Could Lead It to Move Manufacturing
A Herman Miller Cosm officer chair.
Source: Herman Miller
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The brewing trade war between the U.S. and its major trading partners may lead furniture maker Herman Miller Inc. to relocate some of its manufacturing if costs become prohibitive, Chief Financial Officer Jeff Stutz said.
“We are obviously feeling the effects of tariffs that are putting pressure on our business as it stands today and have been all fiscal year,” Stutz said Tuesday in a phone interview.