Herman Miller Inc.


MLHR

Price

39.04


Change

NA


High

39.11


Low

38.43


Avg Volume

591,846


PE Ratio

61.92


52 Week High

51.03


52 Week Low

30.13



Profile

Herman Miller, Inc., based in Zeeland, Michigan, is an American company that produces office furniture and equipment, and home furnishings. Its signature products include the Equa chair, Aeron chair, Noguchi table, Marshmallow sofa, and the Eames Lounge Chair. Herman Miller is credited with the invention of the office cubicle in 1968 under then-director of research Robert Propst. Herman Miller was founded in 1905 as the Star Furniture Co. in Zeeland, Michigan. Initially the company produced high quality furniture, especially bedroom suites, in historic revival styles. In 1909, Dirk Jan De Pree began working for the company as a clerk, and became its president by 1919, when it was renamed the Michigan Star Furniture Co. De Pree and his father-in-law, Herman Miller, purchased 51% of the company stock in 1923 and renamed it the Herman Miller Furniture Company. The company reformed as Herman Miller, Inc. in 1960.


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