HNI Corporation Celebrates 75th Anniversary
January 07 2022 - 9:38AM
Business Wire
HNI Corporation (NYSE: HNI) HNI Corporation, a leading
manufacturer of workplace furnishings and residential building
products, announces its 75th anniversary.
Founded in 1947 in Muscatine, Iowa by visionaries C. Maxwell
Stanley, Clement Hanson, and H. Wood Miller, HNI opened its doors
under a new premise where everyone would be treated equally and
respectfully as members and owners of a productive industrial
enterprise. First known as Home-O-Nize Co., the corporation began
production as a maker of home appliances, with initial success
driven by aluminum card file boxes marketed primarily as recipe
boxes.
As the company evolved into office products with the production
of utility and filing cabinets, it would later become known as HON
INDUSTRIES and finally, HNI Corporation in 2004. In 1981, HNI
acquired its first fireplace manufacturing company. Since then, HNI
has become the global leader in fireplaces and heating stoves.
“Looking back over that time, our businesses have evolved
dramatically, but so much has remained the same: our essence, our
member owner culture, and our passion for improving the lives of
our members and the communities where we live and work.” said Jeff
Lorenger, Chairman, President and Chief Executive Officer of HNI
Corporation. “As proud as I am of our history, I am just as excited
about the future of HNI.”
In the past 75 years, HNI has:
- Grown sales from $0 to over $2 billion
- Contributed more than $40M to the communities in which we
operate
- Created thousands of good paying jobs while currently employing
more the 7,700 members worldwide
- Grown to a family of over 19 industry-leading brands
- Become a premier supplier of office furniture and the global
leader in fireplaces
- Paid increasing dividends for more than 65 years
- Created a Board of Directors of whom half are women,
accomplished a goal of sourcing 100% renewable energy, and
implemented robust diversity and sustainability programs
Find out more about our history by visiting
hnicorp.com/75th-anniversary.
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.
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version on businesswire.com: https://www.businesswire.com/news/home/20220105006031/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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