Company ProfilePremium

HNI Corporation

Company Profile Analysis

ESOMAR 23 Corporate BadgeISO Certifications Badge
HNI Corporation - Food & Beverages showcase

Year Founded & Workforce

1944

9,100 Employees

Industry

Food & Beverages

Services

RTA Furniture
H

HNI Corporation Employee Contacts

29 verified contactsNames, job titles, seniority and locations

View Employee Contacts

HNI Corporation Overview

Company Headquarters: Iowa, US

Founded: 1944

Workforce: 9,100

Company Working: HNI Corporation (HNI) produces and sells furniture and hearth products in the US, Canada, China, Hong Kong, Mexico, Dubai, India, and Taiwan. The company’s office furniture segment offers a range of metal and wood furniture for commercial and home office. The products include desks, credenzas, storage products, bookcases, chairs, tables, freestanding office partitions, and panel systems, among others. The brands HON, HBF, Maxon, Allsteel, basyx by HON, Gunlocke, OFM, HNI India, and Lamex operate under HNI Corporation.

Strategy

HNI is looking forward to maintaining its position in the market by focusing more on strengthening long-term partnerships with the resellers. The company is also aiming at decreasing structure cost and increasing productivity and efficiency, to take advantage of the growing market demand. The company is investing in developing new product portfolio, to provide innovative office furniture, these furniture’s are designed to look less formal as compared to traditional furniture used in offices.

Company Snapshot

$2,060M

Revenue

9,100

Employees

1944

Founded

Iowa, US

Headquarters

SWOT Analysis

Strengths

  • Balanced geographical presence
  • Highly skilled workforce
  • Strong brand portfolio

Weaknesses

  • Low investments in new technologies

Opportunities

  • Strategic acquisitions to strengthen existing businesses

Threats

  • High switching cost due to numerous market players
  • Rising raw material prices

Unlock Company Financials

Unlock this company profile to view its financial data.

View Subscription Plans

Key Developments

DateApproachDevelopment
January 2018AcquisitionHNI Corporation acquired OFM, US-based furniture manufacturer. The acquisition expanded the business and helped the company to expand its product portfolio.

Product Offering

  • HNI Corporation
    • RTA Furniture

Financial Performance

Explore key financial metrics, segmented revenue, balance sheet health, and performance trends.

By Business Segment: Global Sales rose from USD 2,060 Mn in 2013 to USD 2,175.9 Mn in 2017.
HNI Corporation — By Business Segment
Series (USD Mn)20132014201520162017
Global Sales2,0602,222.72,304.42,203.52,175.9

Unlock Company Financials

Unlock this company profile to view its financial data.

View Subscription Plans

Unlock Company Contacts

Connect with Key Decision-Makers

Access verified employee contacts and decision-maker information from this company to support your sales, lead generation, and business development efforts.