New book by Larry Connors Click here Improve your trading - See how
Herman Miller is an office furniture and equipment manufacturer.
Henrico County-based Chasen's was one of the largest office furniture dealers in the mid-Atlantic.
Larry Giancaterino, chairman and CEO of Chasen's, did not return several e-mails and phone calls. The company's Web site was down yesterday, but the voicemail system was still in operation.
In addition to its headquarters on Forest Avenue, Chasen's had offices in Alexandria, Norfolk and Charlottesville. It operated warehouses on Dabney Road in Henrico and in Norfolk.
Chasen's, which had operated for 30 years, had about 130 workers. It was not affiliated with the Richmond-based painting contractor N. Chasen & Son Inc. or Chasen Galleries in Richmond.
Baltimore-based American Office already has hired 25 employees and will be adding an additional 25 over the next several months.
David Kuntz, president of American Office, said the company has talked to several former Chasen's employees about joining the company. "We are thrilled with their level of expertise," he said.
Kuntz said the market expansion was an easy decision to make.
"Because of our current organization, this is a natural growth for us," he said.
American Office has four sales offices and two distribution centers in Maryland, Northern Virginia and Washington.
American Office works with commercial, government and health-care clients.
Because of the expansion, it will add three offices. American Office has opened temporary offices in Henrico County and in Hampton Roads, and it is looking for temporary space in Charlottesville.
While taking over the territory once operated by Chasen's, American Office isn't taking over Chasen's accounts or the company, Kuntz said.
"Herman Miller has been working with customers who have existing orders through Chasen's," said Susan Koole, a spokeswoman for Herman Miller. "Going forward we will be introducing them to American Office as the dealer representing their area."
------
Contact Louis Llovio at (804) 649-6348 or LLLovio@timesdispatch.com.
To see more of the Richmond Times-Dispatch, or to subscribe to the newspaper, go to http://www.timesdispatch.com. Copyright (c) 2009, Richmond Times-Dispatch, Va. Distributed by McClatchy-Tribune Information Services. For reprints, email tmsreprints@permissionsgroup.com, call 800-374-7985 or 847-635-6550, send a fax to 847-635-6968, or write to The Permissions Group Inc., 1247 Milwaukee Ave., Suite 303, Glenview, IL 60025, USA.
More News:
Market Updates |
Stock Alerts |
All Trading News |
Stock Index
About TradingMarkets | Contact | Advertise | Careers | Link to Us | Site Map | Help | Terms & Conditions | Privacy Policy | Return Policy | Testimonials | Feedback
The Connors Group, Inc. ("Company") is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. The analysts and employees or affiliates of Company may hold positions in the stocks, currencies or industries discussed here. You understand and acknowledge that there is a very high degree of risk involved in trading securities and/or currencies. The Company, the authors, the publisher, and all affiliates of Company assume no responsibility or liability for your trading and investment results. Factual statements on the Company's website, or in its publications, are made as of the date stated and are subject to change without notice.
It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable or that they will not result in losses. Past results of any individual trader or trading system published by Company are not indicative of future returns by that trader or system, and are not indicative of future returns which be realized by you. In addition, the indicators, strategies, columns, articles and all other features of Company's products (collectively, the "Information") are provided for informational and educational purposes only and should not be construed as investment advice. Examples presented on Company's website are for educational purposes only. Such set-ups are not solicitations of any order to buy or sell. Accordingly, you should not rely solely on the Information in making any investment. Rather, you should use the Information only as a starting point for doing additional independent research in order to allow you to form your own opinion regarding investments. You should always check with your licensed financial advisor and tax advisor to determine the suitability of any investment.
HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING AND MAY NOT BE IMPACTED BY BROKERAGE AND OTHER SLIPPAGE FEES. ALSO, SINCE THE TRADES HAVE NOT ACTUALLY BEEN EXECUTED, THE RESULTS MAY HAVE UNDER- OR OVER-COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN.
The Connors Group, Inc.
10 Exchange Place, Suite 1800
Jersey City, NJ 07302
© Copyright 2009 The Connors Group, Inc.
