HNI Corporation

HNI Corporation is one of the largest office furniture manufacturers in the world in regard to revenues resulting from office segment sales.[2][3][4] HNI is also the world's leading hearth products company, manufacturing and marketing gas, electric, wood and biomass burning fireplaces, inserts, stoves, facings and accessories. The company was founded in 1944 by engineer C. Maxwell Stanley, advertising executive Clem Hanson, and industrial designer H. Wood Miller.[5] Its headquarters are in Muscatine, Iowa U.S.,[6] with operations located in Muscatine, in various other U.S. states, and in Asia.

HNI Corporation
TypePublic
NYSE: HNI
S&P 400 Component
Founded1944 (1944) in Muscatine, Iowa, US
HeadquartersMuscatine, Iowa, US
Key people
Jeffrey D. Lorenger
(Chairman, President & CEO)
Marshall H. Bridges
(Senior Vice President & CFO)
ProductsFurniture & Fireplaces
Revenue US$ 2.25 billion (2019)
US$ 152.34 million (2019)
US$ 110.50 million (2019)
Total assets US$ 1.45 billion (2019)
Total equity US$ 584.37 million (2019)
Number of employees
~8,500 (2019)
Websitehnicorp.com
Footnotes / references
[1]

HNI's office furniture brands include The HON Company, Allsteel, Gunlocke, Maxon, HBF, HBF Textiles, OFM, Inc, Lamex, and HNI India. The corporation's hearth brands, manufactured by Hearth & Home Technologies and offered through multiple retail and new construction channels, include Heatilator, Heat & Glo, Harman, Quadra-Fire, Majestic, Monessen, Fireside Hearth & Home, and Vermont Castings.[6]

Awards

  • America's Most Admired Companies, 2006 Fortune magazine[7]
  • 400 Best Big Companies in America, 1998-2006 Forbes magazine[8]
  • 50 Best Manufacturing Companies, 2002-2006 IndustryWeek
  • America's Top 100 Most Trustworthy Companies, 2016-2017 Forbes magazine[9]
  • World's Best Companies for Leadership Development, 2014–2016, Chief Executive magazine

Further reading

  • Soltow, James H.; Stanley, C. Maxwell (1991). The HON Story: A History of HON Industries, 1944-1985. Ames, Iowa: Iowa State University Press. ISBN 9780813806020. OCLC 22983369.

References


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