Company Research Report: Henricksen
Company Overview
- Name: Henricksen
- Mission of the Company: Henricksen is committed to providing best-in-class, full-service contract furniture and architectural solutions with a focus on delivering an extraordinary experience where clients' needs are at the forefront.
- Founded: 1962
- Founder: Shirley Henricksen
- Key People:
- Russell Frees, President & CEO
- Jorge Anaya, Principal & CFO
- Tegin Roche Woods, Vice President, Marketing & Communications
- Ryan Esche, Principal & Vice President, Sales - IL
- Others listed with specific roles and contacts
- Headquarter: Itasca, Illinois
- Number of Employees: No information is available
- Revenue: Over $300 million annually
- What is the Company Known For: Henricksen is known as a leading full-service contract furniture and architectural solutions provider and is one of the largest furniture dealers in the United States.
Products
Overview of Offerings
- Furniture
- Architectural Walls
- Floor Coverings
- Lighting
- Acoustic Solutions
- Window Treatments
- Installation & Move Management
High-Level Descriptions and Key Features
Furniture
- High-Level Description: Henricksen provides comprehensive furniture solutions encompassing various styles and manufacturers.
- Key Features: Extensive network of over 500 major and specialty manufacturers offering industry-leading discounts and diverse aesthetics, function, and budget options.
Architectural Walls
- High-Level Description: Customizable wall solutions tailored to the needs of different workspaces.
- Key Features: Effective communication and coordination, innovative design, and thorough product research to stay ahead of market trends.
Floor Coverings
- High-Level Description: Full-range commercial flooring solutions, covering carpet tile, hardwood, and polished concrete.
- Key Features: Estimation to installation services, support for Union and Non-Union labor, dedicated project management, and subfloor preparation expertise.
Recent Developments
New Products and Features
- New Showroom and Rebranding: COFCO, a Henricksen Company, opens a new Experience Center in Washington, DC and rebrands to Henricksen (May 1, 2024).
- Enhanced Flooring Team: Expansion and restructuring of the Henricksen Flooring Team with new roles and leadership responsibilities (September 24, 2024).
New Partnerships and Acquisitions
- Acquisition of Synergy Business Environments: A strategic acquisition to enhance Henricksen's national presence and broaden product offerings (February 8, 2023).
- Acquisition of COFCO: Further expansion and enhancement of Henricksen's client experience and capabilities (March 28, 2023).
Key Personnel Updates
- Holly Clarke: Recognized for her extensive experience and new leadership role in managing complex projects across various sectors (September 25, 2024).
- Brian Homiak: Currently the Managing Director of Architectural Solutions, highlighting his successful projects and continuous learning (May 6, 2024).
Achievements and Certifications
- Fitwel Certification: Henricksen Minneapolis Showroom awarded the prestigious Fitwel 1 Star Rating for creating healthier workplaces (January 26, 2024).
Industry Contributions
- Leadership Recognition: Nicole Urista appointed as 2024 Board President of MNCREW (Minnesota Commercial Real Estate Women) (February 2, 2024).
- Supporting DIFFA: Henricksen celebrated its 18th consecutive year as a supporter and sponsor of DIFFA Chicago (June 7, 2023).
Locations
Henricksen operates out of 12 cities across various regions in the United States, including:
- Itasca, IL
- Chicago, IL
- Peoria, IL
- Madison, WI
- Brookfield, WI
- Minneapolis, MN
- New York, NY
- Nashville, TN
- Knoxville, TN
- Chattanooga, TN
- Washington, DC
- Philadelphia, PA
Conclusion
Henricksen is a dynamic and expansive furniture dealership and architectural solutions provider, distinguished by its extensive history, robust product offerings, recent advancements, and strategic industry positioning. Henricksen continues to evolve, responding to market demands and fostering significant relationships within the industry to maintain its standing as a leader in the commercial furniture and architectural solutions sector.
