MLHR, GRHU, – CRWESelect’s Stocks To Watch are Herman Miller Inc. and
Crweselect Newsletter
__ Herman Miller Inc. (NASDAQ:MLHR) previously reported results for its second quarter ended November 27, 2010 which was highlighted by improved customer demand, which drove solid year-over-year and sequential-quarter growth in both orders and sales. Consolidated orders in the second quarter of $461.8 million increased 33.6% compared to the same period last year. Net sales in the quarter, which totaled $412.2 million, were up 19.9% compared to the prior year period. On a sequential-quarter comparison, orders and sales were up 17.3% and 8.3%, respectively.
Herman Miller works for a better world around youwith inventive designs, technologies and related services that improve the human experience wherever people work, heal, learn, and live. Its curiosity, ingenuity, and design excellence create award-winning products and services, resulting in more than $1.3 billion in revenue in fiscal 2010.
For more information about this company please visit http://www.hermanmiller.com ****
GreenHouse Holdings, Inc. (OTCQB:GRHU) is a leading provider of energy efficiency solutions and sustainable infrastructure products. The company, previously has been engaged to utilize Southern California Edison`s (SCE) Automated Demand Response (Auto-DR) program in Gulfstream Aerospace Corporation`s Long Beach, CA facility.
The Auto-DR program offers significant financial incentives and technical support to SCE customers with automated load control systems that participate in demand response events. Auto-DR uses control systems to automatically achieve specified energy demand reductions (kW and duration) during periods of peak energy consumption. In utilizing the Auto-DR system, Gulfstream will reduce electric consumption during costly peak energy periods when the demand is highest. Additionally, the system provides Gulfstream the ability to reduce operating costs by curtailing the use and purchase of electricity. Gulfstream will then receive financial incentives from SCE.
GRHU is a qualified service provider of SCE`s Auto-DR program, providing site assessment, feasibility studies, project development, engineering, and installation of enabling technologies and complete processing of all incentives.
The company revenues for the three months ended September 30, 2010 were approximately $1,724,000 compared to approximately $1,671,000 for the three months ended September 30, 2009, an increase of approximately $53,000 or 3%. This increase was due to increased sales of their energy efficient products and services to residential customers as a result of their expansion of our sales and marketing infrastructure.
GreenHouse Holdings, Inc. designs, engineers and installs disparate products and technologies with visible return on investment, enabling their clients to reduce their energy costs. Their target markets for their energy efficiency solutions include residential, commercial and industrial, as well as government and military markets. In addition, they develop, design and construct rapidly deployable, sustainable infrastructure primarily for use in disaster relief and security in austere regions.
For more information about this company please visit http://www.greenhouseintl.com/
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