
Virco Mfg. Corporation reported strong financial results for the second quarter of fiscal 2024. Revenue for the second quarter grew 30% YOY, generating improved profitability on the higher volume. Gross Margin for the second quarter improved from 38.5% to 45.3%, due to moderating raw material costs and improved operating efficiencies. Interest expense was $1,083,000 for the current quarter compared to $698,000 for the same period last year. Year-to-date, interest expense was $1,795,000, or 1.3% of revenue. The company has adequate availability under its current facility and is able to finance its growth organically. Management observes that timely deliveries have contributed to timely collections on accounts receivable, leading to strong cash flows through the middle of the Company’s busy season. Other key balance sheet items such as inventories, accounts payable, and accounts receivable remain favorably balanced with the increase in revenue and earnings.




Landscape Forms, the top designer and maker of high-end outdoor furniture, lighting, and accessories in North America, has been ranked as the number one Best Small and Medium Workplace in the Manufacturing & Production category for 2023 by Fortune Magazine and Great Place to Work®. This is their fourth consecutive year of achieving this recognition.
Fortune Magazine partnered with Great Place to Work® to select the 2023 Best Workplaces in Manufacturing & Production list, analyzing anonymous employee survey feedback from across the country.
Michael Blum, Chief Strategy Officer and President of Studio 431, attributes Landscape Forms' success to the collective and dedicated efforts of their team. He says, "We believe in designing and working hard to create a great company culture. It's our priority to create an outstanding workplace, and all our members work hard to make sure it stays that way. This is a crucial factor in being recognized as a Fortune Best Workplace, and we are honored to be a finalist again in 2023.”
Marjorie Simmons, Landscape Forms CEO, believes that this award is a testament to the commitment and pursuit of excellence of their manufacturing team. She says, "Receiving our fourth Fortune Best Workplace award is a testament to the enduring passion, dedication, and relentless pursuit of excellence that defines our manufacturing team. This recognition reflects our commitment to creating a workplace where people feel they belong and can thrive, and where continuous improvement drives us forward.”

COE Distributing was named one of the 2023 Top Workplaces by the Pittsburgh Post-Gazette for the fourth year in a row. The company achieved the highest ranking for employee confidence in leadership in the small business category and ranked 13th overall in small companies. COE's culture of engagement, empowerment, and support was praised by CEO J.D. Ewing. The Top Workplaces Award highlighted 100 companies in southwestern Pennsylvania of various sizes and industries, based on responses to a third-party employee survey. COE Distributing offers career development opportunities, employee recognition, profit sharing, financial workshops, volunteer paid time off, and virtual book clubs to over 100 employees. COE is also the official employee engagement partner of the Pittsburgh Penguins, sharing Core Values and a culture of winning to create unique learning and development programs for their employees.
“We’re always thrilled to receive the Top Workplaces Award but earning top marks for confidence in leadership in 2023 is especially meaningful,” said CEO J.D. Ewing. “COE is dedicated to creating a culture of engagement, empowerment and support and our leadership team is so proud to receive this vote of confidence from our team members.”
According to a report by Allied Market Research, the North America furniture market is expected to grow at a CAGR of 4.9% from 2021 to 2030, with the residential segment having the highest market share. The surge in infrastructure and real estate markets boosts demand for residential furniture, while the commercial segment is expected to grow faster due to investments in furnishing and interiors of office spaces. The specialty stores segment was prominent, but e-commerce is expected to be the fastest-growing distribution channel. The U.S. dominates the market, with Ralph Lauren Home, Knoll, and Bassett Furniture Industries among the key players.

ACX has a reduced backrest and a warm array of upholstery colors, suitable for both home offices and open-plan workspaces. The mechanism automatically adjusts to a wide range of user weights, with seamless control elements and a compact design.
ACX has a limited number of components, making service and maintenance simple. The parts are made of recycled materials whenever possible and can be easily separated and recycled again at the end of the product’s life. The backrests of the ACX Mesh and ACX Soft models have a three-dimensional form-fitted knit cover, which is pulled over the frame, making it easy to exchange.
ACX is available in three versions: ACX Light, ACX Mesh, and ACX Soft. ACX Light is the entry-level model, available only in black, with a standard netweave backrest cover. ACX Mesh features a knitted fabric backrest cover, while ACX Soft has a padded knit backrest cover. Both the Mesh and Soft versions are available in a selection of seven colors and can be combined with a light or dark chair frame, allowing for a variety of configurations.
Chemetal has released a new collection of 10 black and darkened metals that are perfect for commercial interiors. The collection features subtle variation, embossed textures, and industrial metal looks within the dark grey to black color range.
One popular selection is the Alu designs, which emulate blackened steel but are lighter and easier to fabricate because they are made of aluminum. The designs have a sublime and gentle linear variation that is created by brushing and darkening the aluminum sheets with manufacturing consistency.
The curated Blackened Metals Collection provides an array of options for different budgets and design needs. They are all made of aluminum, making them 100% recyclable at the end of their useful life. Design professionals can order a free sample pack of these popular metal designs at chemetal.com.









