While revenues declined slightly in the fourth quarter, Steelcase Inc. benefited from a tax restructuring and the partial sale of an investment to drive earnings.

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Ford Motor Co. has tapped board member and longtime Steelcase Inc. CEO Jim Hackett to lead and launch a new mobility subsidiary.

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After a series of tax restructurings in the company’s Europe, Middle East and Africa (EMEA) market, Steelcase Inc. executives increased revenue projections for the company’s fourth quarter, which ended Feb. 26, 2016.

Published in Breaking News
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