HNI plans to close U.S. furniture manufacturing facility

American professional furniture maker, HNI disclosed in a regulatory filing that it has approved the closure of its Florence, Alabama, USA office furniture manufacturing facility as part of its plan to reduce structural costs. The company expects to consolidate the Florence production into existing office furniture manufacturing facilities and expects the closure and consolidation to […] Read more

New president with Paoli

Jasper (USA) resident Mona Hoffman has been promoted to president of Paoli, LLC. Paoli is an office manufacturer and operating company of American professional furniture maker, HNI Corporation. HNI Corporation announced Hoffman’s promotion to the position of President at Paoli LLC, located in Orleans, effective January 22. She replaces Brandon Sieben who has accepted a […] Read more

HNI’s results, market drivers, vision and strategy

American professional furniture maker HNI Corporation┬árecently released its results for Q1 2013. Yesterday, HNI held their 2012 annual shareholders’ meeting and they have now published their presentation. The presentation consists of 39 slides and provides a concise overview of results, market drivers, vision and strategy. Not to be dismissive about any of the slides, we […] Read more

2012 – 2013 outlook for the U.S. office furniture industry

An updated outlook has the office furniture industry now finishing 2012 down slightly and returning to growth in 2013. The outlook from the Grand Rapids-based Business and Institutional Furniture Manufacturers Association (BIFMA), prepared by IHS Global Insight and adjusted quarterly based on economic conditions and reported sales volumes, projects a small 0.9 percent decline in […] Read more

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