HNI Corporation
TypePublic
Founded1947 (1947) in Muscatine, Iowa U.S.
HeadquartersMuscatine, Iowa, U.S.
Key people
Jeffrey D. Lorenger
(Chairman, President & CEO)
Marshall H. Bridges
(Senior Vice President & CFO)
ProductsFurniture & fireplaces
RevenueDecrease US$2.25 billion (2019)
Decrease US$152.34 million (2019)
Decrease US$110.50 million (2019)
Total assetsIncrease US$1.45 billion (2019)
Total equityIncrease US$584.37 million (2019)
Number of employees
7,500 (January 2021)
Websitehnicorp.com
Footnotes / references
[1]

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,[6] with operations located in Muscatine, in various other U.S. states, and in Asia.

HNI's office furniture brands include The HON Company, Allsteel, Gunlocke, Maxon, HBF, OFM, and Lamex. 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]

HNI acquired Kimball International in March of 2023.[7]

Awards

  • America's Most Admired Companies, 2006 Fortune magazine[8]
  • 400 Best Big Companies in America, 1998-2006 Forbes magazine[9]
  • 50 Best Manufacturing Companies, 2002-2006 IndustryWeek
  • America's Top 100 Most Trustworthy Companies, 2016-2017 Forbes magazine[10]
  • 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

  1. ↑ "US SEC: Form 10-K HNI Corporation". U.S. Securities and Exchange Commission. Retrieved February 10, 2018.
  2. ↑ "View Filing Data". www.sec.gov.
  3. ↑ "View Filing Data". www.sec.gov.
  4. ↑ "View Filing Data". SEC.gov. Retrieved 2021-05-14.
  5. ↑ "HNI Corporation, History Timeline, 1944 - Present". 2004. Archived from the original on 2008-07-04. Retrieved 2008-05-12.
  6. 1 2 Jeff Tecklenburg (2006-02-25). "Fortune magazine ranks HNI high". Muscatine Journal. Retrieved 2008-05-12.
  7. ↑ "HNI Corporation to Acquire Kimball International".
  8. ↑ "Fortune: Most Admired Companies". archive.fortune.com. Retrieved 2020-04-15.
  9. ↑ "The 400 Best Big Companies - Forbes.com". www.forbes.com. Retrieved 2020-04-15.
  10. ↑ Strauss, Karsten. "The 100 Most Trustworthy Companies In America, 2017". Forbes. Retrieved 2020-04-15.

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