Welcome to JSA Consultancy Services

A business consultancy, based in London, England, which provides its clients with expert advice and guidance for exporting and importing office furniture from overseas to tap the growth opportunities available in furniture and interiors markets in Europe, north America, Australasia and Japan.

' ?> Welcome to JSA Consultancy Services

A business consultancy, based in London, England, which provides its clients with the latest updates on office furniture exhibitions and office furniture trade shows to help them exploit successfully furniture and interiors markets in Europe, North America, Australasia and Japan

' ?> Welcome to JSA Consultancy Services

A business consultancy, based in London, England, provides its clients with a complete list of office furniture trade associations of different countries and information guidance as to how to exploit successfully furniture and interiors markets in Europe, North America, Australasia and Japan.

' ?> Welcome to JSA Consultancy Services

A business consultancy, based in London, England, John Sacks\' JSA Consultancy Services provides expert, in-depth, information advice and guidance as to how to exploit successfully the office furniture and interiors markets in Europe, North America, Australasia and Japan.

' ?> Welcome to JSA Consultancy Services

A business consultancy, based in London, England, JSA offers monthly office furniture league table to provide its clients with in-depth information & major office furniture strategic alliance news to exploit successfully office furniture and interiors markets in Europe, North America, Australasia and Japan.

' ?> Welcome to JSA Consultancy Servicesdd

A business consultancy, based in London, England, JSA provides its clients with latest office furniture news from different corners of the world to help them exploit successfully office furniture and interiors markets in Europe, North America, Australasia and Japan.

' ?> Welcome to JSA Consultancy Servicesdd

A business consultancy, based in London, England, which provides clients with expert, in-depth, information advice and guidance as to how to exploit successfully the office furniture and interiors markets in Europe, north America, Australasia and Japan.

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Herman Miller to cut dividend and consolidate manufacturing operations

Friday 15 May 2009

Herman Miller, Inc.today announced further steps in its comprehensive and ongoing plan to reduce fixed costs and strengthen its balance sheet. The actions include a reduction in the company\'s quarterly cash dividend to 2.2 cents ($0.022) per share from the 8.8 cents ($0.088) that the company declared and paid in each of the past 9 quarters. The company said the new dividend rate will enable it to retain approximately $14 million annually. The company also commented that it has paid a dividend for more than 120 consecutive quarters.

Also announced was a plan to consolidate manufacturing operations with the closure of its Integrated Metal Technologies (IMT) subsidiary in Spring Lake, Michigan. Under the plan, Herman Miller will retain existing production capacity and will enhance operational efficiency, with the majority of work and equipment moving to other newer, larger facilities in the area. Relocation is targeted to begin in August 2009, with the work completed and final closure targeted for spring 2010. The anticipated one-time cost for this action is $9 million to $12 million, with anticipated operational savings thereafter of $5 million to $7 million annually.

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Contact Us

JSA Consultancy Services
4-5 Gray’s Inn Square, Gray’s Inn,
London, WC1R 5AH, England


+44 (0) 20 7688 1928