HNI Corporation to Open Seating Manufacturing Facility in Saltillo, Mexico
September 02 2021 - 4:30PM
Business Wire
HNI Corporation (NYSE: HNI) announced it is opening a new
office furniture manufacturing plant in Saltillo, Mexico. The
facility will provide additional capacity to meet HNI’s growing
customer demand for office seating. Contingent upon regulatory
approvals, the new 160,000 square foot facility is expected to
employ an additional 250 workers and will begin production in the
first quarter of 2022. The plant will be located in the Mencorsa
Industrial Park, Colonia San Jose de los Cerritos. HNI plans to
continue increasing staffing levels at the Corporation’s other
primary manufacturing locations in North America.
HNI is partnering with American Industries to help establish the
Mexican operation. American Industries, a Mexican company
established in 1976, has helped over 200 international companies
successfully start up and grow their manufacturing and distribution
operations in Mexico. HNI is also working closely with the local
government of Coahuila state which is committed to fostering a
positive business environment in Saltillo.
“This is an important investment for HNI,” said Kevin Hoban,
Vice President of Manufacturing for HNI. “The additional equipment,
labor force, and supply chain capacity we are creating in Saltillo
will help us respond to strengthening demand. We are pleased to be
working with the Coahuila government and American Industries and
appreciate their support of this important project.”
About HNI Corporation
HNI Corporation (NYSE: HNI) is a manufacturer of workplace
furnishings and residential building products, operating under two
segments. The Workplace Furnishings segment is a leading global
designer and provider of commercial furnishings, going to market
under multiple unique brands. The Residential Building Products
segment is the nation’s leading manufacturer and marketer of hearth
products, which include a full array of gas, electric, wood, and
pellet-burning fireplaces, inserts, stoves, facings, and
accessories. More information can be found on the Corporation’s
website at www.hnicorp.com.
Forward-Looking
Statements
This release contains "forward-looking" statements based on
current expectations regarding future plans, events, outlook,
objectives, financial performance, and expectations for sales
growth. Forward-looking statements can be identified by words
including “expect,” “believe,” “anticipate,” “estimate,” “may,”
“will,” “would,” “could,” “confident”, or other similar words,
phrases, or expressions. Forward-looking statements involve known
and unknown risks and uncertainties, which may cause the
Corporation’s actual future results and performance to differ
materially from expected results. A description of these risks and
additional risks can be found in the Corporation’s annual and
quarterly reports filed with the Securities and Exchange Commission
on Forms 10-K and 10-Q. The Corporation assumes no obligation to
update, amend, or clarify forward-looking statements, except as
required by applicable law.
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version on businesswire.com: https://www.businesswire.com/news/home/20210902005762/en/
Marshall H. Bridges, Senior Vice President and Chief Financial
Officer (563) 272-7400 Matthew S. McCall, Vice President, Investor
Relations and Corporate Development (563) 275-8898
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