September 12, 2018 - 9:00 AM EDT
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Constellation To Power Herman Miller's Spring Lake Manufacturing Locations With 100 Percent Renewable Energy

Long-term electricity supply agreement leverages innovative CORe offering to help Herman Miller meet its clean energy goals

SPRING LAKE, Mich., Sept. 12, 2018 /PRNewswire/ -- Herman Miller (NASDAQ-NMS: MLHR) and Constellation, an Exelon company and leading retail energy supplier, today announced a four-year agreement to power the furnishings manufacturer's Spring Lake, Mich., manufacturing locations with 100 percent renewable energy. The energy will come from the Harvest II wind project in Elkton, Mich., which is managed by Exelon Generation.

Constellation

The agreement is expected to supply Herman Miller with roughly 25,000 megawatt hours of wind energy annually, which is enough to power more than 2,700 homes for one year, according to U.S. EPA estimates. That's about double the homes in the village of Spring Lake. The Spring Lake campus is responsible for about a quarter of Herman Miller's global energy consumption – and is the biggest consumer of electricity in Spring Lake.

The agreement leverages the innovative Constellation Offsite Renewables (CORe) retail offering -- designed to increase access to renewable energy for commercial and industrial customers – that will match the manufacturing location's annual electricity use with renewable energy certificates from the Harvest II wind project. Structured similarly to standard retail power agreements, CORe allows businesses to gain access to renewable energy without the significant hurdles that accompany offsite renewable Power Purchase Agreements.

"Constellation is committed to the development of clean energy solutions that meet the needs of our customers, and our CORe offering is helping Herman Miller achieve its ambitious sustainability goals," said Mark Huston, president of Constellation's Retail business. "Consumers are increasingly adopting offsite renewables, and we welcome Herman Miller to the growing list of organizations choosing carbon-free wind power to sustainably power their operations."

Constellation has a suite of CORe offerings across the country. This agreement is the first in Michigan.

This investment in renewable energy is one component of Herman Miller's Earthright Strategy – a commitment to creating a Better World by 2023. In 2016, Herman Miller began a partnership with Foresight, an energy management firm headquartered in Zeeland, Mich., to evaluate and implement procurement strategies across all facilities and business units aimed at reducing costs and increasing its renewable energy consumption. The renewable wind energy contract at Herman Miller's Spring Lake facilities is one solution that came from this partnership.

"We're very excited to work with Foresight and Constellation on this initiative. Sustainable practices and creating a better world have been part of Herman Miller's guiding principles since the company's start," said Gabe Wing, director of Safety and Sustainability at Herman Miller. "This project will help us meet our sustainability goals -- and doesn't negatively impact our business. We will continue to reduce our carbon footprint through energy efficiency projects and supporting green energy projects like Harvest II where the market allows."

The Spring Lake campus is made up of two vertically integrated steel manufacturing facilities that fabricate, powder coat, and assemble numerous products, including height adjustable tables, filing and storage systems, and desking.

About Herman Miller
Herman Miller is a globally recognized provider of furnishings and related technologies and services. Headquartered in West Michigan, the 113-year-old company has relied on innovative design to solve problems wherever people work, live, learn, and heal. With recognizable designs as part of museum collections worldwide, Herman Miller is a past recipient of the Smithsonian Institution's Cooper Hewitt National Design Award and has been ranked number one on Contract Magazine's list of "Brands that Inspire" for four straight years. Known and respected for its leadership in corporate social responsibility, Herman Miller has earned numerous global sustainability and inclusivity awards including the Human Rights Foundation's top rating in its Corporate Equality Index for 11 years in a row. In fiscal 2018, the company generated $2.38 billion in revenue and employed nearly 8,000 people worldwide. Herman Miller trades on the NASDAQ Global Select Market under the symbol MLHR. www.hermanmiller.com/about-us

About Constellation
Constellation is a leading competitive retail supplier of power, natural gas and energy products and services for homes and businesses across the continental United States. Constellation's family of retail businesses serves approximately 2 million residential, public sector and business customers, including more than two-thirds of the Fortune 100. Baltimore-based Constellation is a subsidiary of Exelon Corporation (NYSE: EXC), the nation's leading competitive energy provider, with 2017 revenues of approximately $33.5 billion, and more than 32,700 megawatts of owned capacity comprising one of the nation's cleanest and lowest-cost power generation fleets. Learn more at www.constellation.com or on Twitter at @ConstellationEG

Herman Miller Logo (PRNewsFoto/Herman Miller, Inc.)

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SOURCE Herman Miller


Source: PR Newswire (September 12, 2018 - 9:00 AM EDT)

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