Cloudflare Forecasts Strong Revenue Growth as AI Fuels Cloud Services Demand 
American Airlines CEO to Meet Pilots Union Amid Storm Response and Financial Concerns 
Petrobras Posts Record Oil Exports as Production Surge Fuels Global Expansion 
Amazon Explores AI Content Marketplace With Media Publishers 
Standard Chartered Names Peter Burrill as Interim Group CFO Following Diego De Giorgi’s Exit 
Air New Zealand Cabin Crew Strike Set for February 12–13 Amid Failed Talks 
SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision 
DBS Expects Slight Dip in 2026 Net Profit After Q4 Earnings Miss on Lower Interest Margins 
FDA Rejects Review of Moderna’s Flu Vaccine Application, Shares Slide 
Trump Administration Plans Chip Tariff Exemptions for Big Tech Amid AI Data Center Push 
Russia Signals Further Restrictions on Telegram Amid Ongoing Regulatory Disputes 
Macquarie Group Shares Jump as Third-Quarter Trading Conditions Improve Across Key Units 
AST SpaceMobile Joins MSCI ACWI Index as Largest New Addition, Boosting Market Visibility 
FAA Confirms $1.5 Billion Peraton Contract as U.S. Air Traffic Control Overhaul Accelerates 
Innovent Biologics Shares Rally on New Eli Lilly Oncology and Immunology Deal 
ByteDance Advances AI Chip Development With Samsung Manufacturing Talks 
xAI Co-Founder Jimmy Ba Departs as Elon Musk’s AI Startup Faces Turbulence 
LOS ANGELES, Jan. 09, 2018 -- Versa Products, Inc., America’s leading manufacturer for electric-lift standing desk solutions, saw the Tax Cuts and Jobs Act as an opportunity to invest over $1 million in new machinery after having experienced their largest growth year to date in 2017. The increased consumer and business demand is predicted to continue in 2018 across all Versa brands and the new business tax reform allows Versa Products to make necessary investments in technology and expand their team accordingly.
The L.A.-based ergonomic furniture company designs and assembles electric sit-to-stand desks and desktop converters like the Zero Gravity Tables and VersaDesk Power Series. These flagship products are then sold on the company’s well-known eCommerce properties such as VersaDesk.com and VersaTables.com, in addition to third-party retailers.
Investments in high-speed laser machines and a progressive backend infrastructure will maximize the company’s scalability in terms of e.g. production planning, supply chain and inventory management, and accounting. “The sit-to-stand desks and desktop converters market continues to grow which is why the opportunities being afforded to us are exciting,” says Chris Laudadio, CEO. “These investments allow us to remain at the forefront of the ergonomic furniture industry.”
In addition to investments in manufacturing, Versa Products is continuing to expand their presence in the digital space, as well as product design and development. “Investments in machines and technology are important for Versa’s growth, but building the right team is key in utilizing our new tools to fullest,” says Laudadio.
About Versa Products, Inc.
Founded in 2000, Versa Products quickly became a leader in the ergonomic furniture industry by improving the design of conventional office furniture. All Versa brands have the objective of creating an enjoyable user experience with their furniture while also promoting healthier behaviors. The hardworking team designs and assembles quality ergonomic products in sunny southern California using eco-friendly techniques and sustainable materials. To demonstrate a strong commitment to customer satisfaction, a limited lifetime warranty is included with the purchase of any Versa brand product.
Media: Emily Simonson
Sales: Robert Laudadio
Employment: Miles Davis
