Herman Miller Inc.’s Chief Financial Officer Jeff Stutz told Bloomberg that the trade war could force the company to relocate some of it’s manufacturing if costs become prohibitive.
” ‘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.
“The Zeeland, Michigan-based creator of the ubiquitous office chair has plants in the U.S. and abroad, including China and the U.K. While the company has no concrete plans at this time, it could shift some manufacturing to other countries or find third-party companies in those regions to make products for them, Stutz said. He didn’t specify which factories could be moved.
“Chief Executive Officer Brian Walker said the company is keeping an eye on U.S. actions related to tariffs and responses from other countries.”
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