HNI Corp - Company Profile
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HNI Corp (HNI) is a provider of workplace furnishings and residential building products. The company’s workplace furnishings product portfolio includes panel-based and freestanding office furniture systems, storage, seating, tables and architectural products and its residential products include full array of gas, wood, electric, and pellet fueled fireplaces, inserts, stoves, facings, accessories. It markets products under the HON, Allsteel, Gunlocke, HBF, OFM, Respawn, HBF Textile, Lamex, Beyond, and Heatilator brand names. The company sells its products directly to end-users, federal, state, and local governments and through dealers, wholesalers, national office product distributors, e-commerce retailers, and corporation-owned installing distribution and retail outlets. It operates offices, manufacturing plants, distribution centers and sales showrooms in Mexico, India, and the US. HNI is headquartered in Muscatine, Iowa, the US.
HNI Corp premium industry data and analytics
Products and Services
Products | Brands |
---|---|
Office Furniture: | HON |
Storage: | Allsteel |
Lateral Files | Gunlocke |
XYZ | XYZ |
XYZ | XYZ |
XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2023 | Acquisitions/Mergers/Takeovers | In June, the company acquired Kimball International. |
2022 | Divestiture | In July, the company sold its China and Hong Kong-based Lamex office furniture business to Kokuyo Co. for US$75 million. |
2021 | Plans/Strategy | In September, the company announced its plans to open a seating manufacturing facility in Saltillo, Mexico. |
Competitor Comparison
Key Parameters | HNI Corp | MillerKnoll Inc | Steelcase Inc | Haworth Inc | Kimball International Inc |
---|---|---|---|---|---|
Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
City | Muscatine | Zeeland | Grand Rapids | Holland | Jasper |
State/Province | Iowa | Michigan | Michigan | Michigan | Indiana |
No. of Employees | 7,300 | 10,900 | 11,900 | 7,500 | 2,410 |
Entity Type | Public | Public | Public | Private | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Jeffrey D. Lorenger | Chief Executive Officer; Chairman; President | Executive Board | 2020 | 58 |
Marshall H. Bridges | Chief Financial Officer; Senior Vice President | Senior Management | 2018 | 53 |
B. Brandon Bullock | President - The HON Company | Senior Management | 2018 | 45 |
Julie M. Abramowski | Vice President; Controller | Senior Management | - | - |
Vincent P. Berger | Executive Vice President; President - Hearth and Home Technologies | Senior Management | 2018 | 50 |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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