HNI Corp - Company Profile

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HNI Corp: Overview

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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.

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Headquarters United States of America
Address P. O. Box 1109, 600 East Second Street, Muscatine, Iowa, 52761
Website www.hnicorp.com
Telephone 1 563 2727400
No of Employees 8,200
Industry Consumer Packaged Goods
Ticker Symbol & Exchange HNI (NYSE)
Revenue (2022) $2.4B 3.1% (2022 vs 2021)
EPS XYZ
Net Income (2022) XYZ -60.3% (2022 vs 2021)
Market Cap* $1.9B
Net Profit Margin (2022) XYZ -61.5% (2022 vs 2021)
* As of and is in US$
View HNI Corp financials
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HNI Corp premium industry data and analytics

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ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on HNI Corp’s likely spend across technology areas enabling you to understand the digital strategy.

Products and Services

Products Brands
Office Furniture: HON
Storage: Allsteel
Lateral Files Gunlocke
XYZ XYZ
XYZ XYZ
XYZ XYZ
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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.
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Competitor Comparison

Key Parameters HNI Corp MillerKnoll Inc Steelcase Inc Haworth Inc FPI Fireplace Products International Ltd.
Headquarters United States of America United States of America United States of America United States of America Canada
City Muscatine Zeeland Grand Rapids Holland -
State/Province Iowa Michigan Michigan Michigan -
No. of Employees 8,200 10,900 11,900 7,500 -
Entity Type Public Public Public Private Private
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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 Controller; Vice President Senior Management - -
Steven M. Bradford Senior Vice President; Secretary; General Counsel Senior Management 2015 65
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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