HNI Corporation

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"HNI" redirects here. For other uses, see High net worth individual.
HNI Corporation
Type Public
Traded as NYSEHNI
Founded Muscatine, Iowa, US, (1944)
Headquarters Muscatine, Iowa, US
Key people Stan A. Askren, Chairman & CEO
Products Furniture & Fireplaces
Website www.hnicorp.com

HNI Corporation (formerly HON Industries) is the third-largest office furniture manufacturer in the world in regard to revenues resulting from office segment sales,[1][2][3] behind both Steelcase and Herman Miller. Its headquarters is in Muscatine, Iowa U.S.A[4] HNI is the leading gas and wood burning fireplace manufacturer and marketer in the United States. [4] HNI's brands include The HON Company, Allsteel, Gunlocke, Paoli, Maxon, HBF, Sagus, Heatilator, Heat & Glo, Harman, and Quadra-Fire.[4] The company was founded in 1944 by engineer, C. Maxwell Stanley; advertising executive, Clem Hanson; and industrial designer, H. Wood Miller.[5]

On March 1, 2006, HNI Corporation completed the agreement, as announced January 13, 2006, to purchase Lamex, which is a privately held Chinese manufacturer and marketer of office furniture.[6]

On January 16, 2012 it was announced that HBF, located in Hickory, North Carolina, will be moving its entire Conference and Casegoods line to sister company Gunlocke, in Wayland, New York. This will eliminate 60 jobs.[citation needed]

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Notes[edit]

  1. ^ http://www.sec.gov/cgi-bin/viewer?action=view&cik=48287&accession_number=0000048287-13-000006&xbrl_type=v#
  2. ^ http://www.sec.gov/cgi-bin/viewer?action=view&cik=66382&accession_number=0000066382-13-000032&xbrl_type=v#
  3. ^ http://www.sec.gov/cgi-bin/viewer?action=view&cik=1050825&accession_number=0001050825-13-000083&xbrl_type=v#
  4. ^ a b c Jeff Tecklenburg (2006-02-25). "Fortune magazine ranks HNI high". Muscatine Journal. Retrieved 2008-05-12. 
  5. ^ "HNI Corporation, History Timeline, 1944 - Present". 2004. Retrieved 2008-05-12. 
  6. ^ "HNI Corporation Acquires Leading Chinese Office Furniture Company". 

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