BNET Industries
Last Fiscal Year Sales:$1.5B
- Private
- US
Dow Jones Description
The HON Company is the largest operating company of HNI Corporation (formerly HON INDUSTRIES), one of Fortune magazine's most admired companies. The HON Company is the market leader in providing small- and medium-sized businesses with practical, professional office furnishings that deliver durability, comfort and improved workplace performance. The HON Company offers a full line of products through a nationwide network of dealers and retailers. In its 60-year history, The HON Company has earned almost unparalleled brand penetration. The HON Company is one of the largest providers of practical, professional office furniture, and is committed to sustainable design, superior customer service and quality. The company possesses an attitude of individual and corporate integrity with a deep respect for its customers and channel partners, as it continues its quest to provide responsive, industry-recognized customer service. The HON Company's focus on unsurpassed customer satisfaction includes providing practical and professional office solutions to consumers, as well as rapid, continuous improvement programs that help its channel customers improve operations, from managing inventories to reducing product damage.
General Manager
Dave MellhusNumber of Employees 2,999
Peer Companies
NAICS Code Office Furniture (except Wood) Manufacturing: 337214
News & Analysis
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hon industries inc. - All News and Analysis
HNI Corp., formerly Hon Industries Inc., won three Circle of Excellence awards and was named manufacturer of the year by the Office Furniture Dealers Alliance June 14 at NeoCon 2004
HNI Corp., formerly Hon Industries Inc., won three Circle of Excellence awards and was named manufacturer of the year by the Office Furniture Dealers Alliance June 14 at NeoCon 2004. Winners were determined by results of the association's survey of 540 furniture dealers. Circle of Excellence category winners included: Training--HNI...
HON INDUSTRIES President Stan A. Askren Assumes CEO Role; Former CEO Jack D. Michaels Remains Chairman of the Board
Business Editors MUSCATINE, Iowa--BUSINESS WIRE--May 4, 2004 The Board of Directors of HON INDUSTRIES Inc. (NYSE:HNI) announced today that Stan A. Askren, the Company's President, will succeed Jack D. Michaels as Chief Executive Officer, effective immediately. Askren, 43, will retain the title of President and Michaels, 66, will...
HON INDUSTRIES' Shareholders Approve Name Change to HNI Corporation
Business Editors MUSCATINE, Iowa--BUSINESS WIRE--May 4, 2004 HON INDUSTRIES Inc. (NYSE:HNI) announced today that it will change its name to HNI Corporation, effective May 5, 2004. The name change was approved by the Company's shareholders at its annual meeting held here today. The Company will retain its current...
HON INDUSTRIES' Shareholders Elect John A. Halbrook to Board of Directors
Business Editors MUSCATINE, Iowa--BUSINESS WIRE--May 4, 2004 -- Robert Katz Retires From The Board -- HON INDUSTRIES Inc. (NYSE:HNI) announced that shareholders have elected John A. Halbrook to a three-year term on the Company's Board of Directors at its annual meeting held here today. Halbrook, 58,...
HON INDUSTRIES Announces 197th Consecutive Quarterly Dividend and Increase of Authorization for Share Repurchase Program
Business Editors MUSCATINE, Iowa--BUSINESS WIRE--May 4, 2004 HON INDUSTRIES Inc. (NYSE:HNI) announced that its Board of Directors declared a quarterly dividend of 14 cents per share on its common stock. This is the 197th consecutive dividend the Company has paid since its first dividend in 1955. The...
Hon leaps past Herman Miller & Haworth in sales
Hon Industries of Muscatine, IA, has surpassed Herman Miller Inc. and Haworth Inc. to become the second biggest office furniture maker in North America, according to the Ground Rapids Press. Hon's first-quarter sales, propelled by its recent purchase of Paoli Furniture, rose to $464 million, an 18% increase when...
Hon Industries Inc
Stan A. Askren has been appointed CEO of Hon Industries Inc. of Muscatine, IA. He will also remain company president. Askren, 43, succeeds Jack D. Michaels, 66, who will remain with the company as board chairman.
Research and Markets: Q1 2004 HON INDUSTRIES Inc. Earnings Conference Call - Abstract
Business Editors DUBLIN, Ireland--BUSINESS WIRE--April 22, 2004 The HON INDUSTRIES Inc. (NYSE:HNI) Corporate Conference Call took place on 21-Apr-04 11:00am ET HNI announced a sales increase of 18.4% in 1Q04 and EPS of $0.38, one-third of which comes from Paoli sales. Office furniture contributed 75% of sales,...
HON INDUSTRIES Announces Results for First Quarter - Fiscal 2004
Business Editors MUSCATINE, Iowa--BUSINESS WIRE--April 21, 2004 HON INDUSTRIES Inc. (NYSE:HNI) today announced sales of $464.0 million and net income of $22.4 million for the first quarter ending April 3, 2004. Consolidated net sales for the first quarter increased 18.4 percent to $464.0 million, compared to $392.0...
HON Industries Inc. of Muscatine, IA, will seek shareholder approval at an annual meeting May 4 to change its name to HNI Corp
HON Industries Inc. of Muscatine, IA, will seek shareholder approval at an annual meeting May 4 to change its name to HNI Corp. The company said the change is intended to better align HON's corporate identity with its long-range growth strategy of managing multiple, distinct and independent brands. The change...
Decision Makers
| Name (plus bio) | Position |
|---|---|
| Dave Mellhus | General Manager |
| Tim Whitmore | Plant Manager |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Jack Michaels | Chairman |
| Richard H Stanley | Vice Chairman of the Board |
| Ron L Jones | Board of Directors |
Dave Mellhus, Vice President of Consulting Services, has applied the TPS principles in manufacturing, insurance, health care, construction, and private equity acquisitions. His lean skills were developed at Hon Industries, while holding positions of Plant Manager, General Manager, and V.P./General Manager at Hon's largest facility. Before joining Simpler, Dave was the Executive Vice President of Operations for Vermeer Manufacturing (a 3,000 person construction and agricultural equipment company). His leadership at Vermeer focused their improvement efforts on increased margins and a reduction in working capital requirements which allowed the m to internally fund their multi-year double digit sales growth. His Lean Operational experiences coupled with a degree in Accounting are utilized to help organizations find "the money" in their industries.
| Organization | Position | Status |
|---|---|---|
| Hon Industries, Inc. | General Manager | Current |
| Hon Industries, Inc. | Plant Manager | Former |
Tim Whitmore, Vice President Consulting Services, is responsible for maximizing US Army client satisfaction on a large multi-site Lean Business Transformation by guiding client executives and site leadership through the application of the Simpler Business System (SBS). Tim has over 20 years of operations leadership experience. Tim began his Lean journey in 1992 as a plant manager for HON Industries and learned the Lean (kaizen) approach under the coaching of the Shingijutsu Group, original architects of the Toyota Production System. Tim's success with the application of Lean tools led to a series of promotions including General Manager and then Vice President of Operations, where he was responsible for enterprise-wide lean conversion of a multi-plant operating company of HON Industries.
| Organization | Position | Status |
|---|---|---|
| Hon Industries, Inc. | Plant Manager | Current |
| Simpler | Current | |
| Hon Industries, Inc. | Vice President of Operations | Former |
| Hon Industries, Inc. | General Manager | Former |
| United States Army | Former |
| Organization | Position | Status |
|---|---|---|
| IDMC Inc. | CEO | Current |
| Snap-on Incorporated | Chairman | Current |
| Hon Industries, Inc. | Chairman | Current |
| IPSCO, Inc. | Board of Directors | Current |
| HNI Corporation | Chief Executive Officer | Former |
| Hon Industries, Inc. | Chief Executive Officer | Former |
| Snap-on Incorporated | President | Former |
| HNI Corporation | President | Former |
| Hon Industries, Inc. | President | Former |
| HNI Corporation | Chairman | Former |
| HNI Corporation | Director | Former |
| Snap-on Incorporated | Board Member | Current |
| Organization | Position | Status |
|---|---|---|
| The Stanley Foundation | Chair and President | Former |
| The Stanley Group | Chairman | Current |
| Stanley Consultants, Inc. | Chairman | Former |
| HNI Corporation | Director | Current |
| The Stanley Group | President | Former |
| Iowa Engineering Society | President | Former |
| Northeast Midwest Institute | Chair | Former |
| The Stanley Group | Board of Directors | Former |
| The University of Iowa | Masters of Science Degree In Sanitary Engineering | Former |
| Iowa State University | Bachelor of Science Degrees In Electrical Engineering and Mechanical Engineering | Former |
| Iowa State University | Degrees | Former |
| Organization | Position | Status |
|---|---|---|
| Harvey Electronics, Inc. | Management Partner | Current |
| Hon Industries, Inc. | Board of Directors | Current |
| Hon Industries, Inc. | President | Former |
| Vermeer Corporation | Director | Former |
| Central Methodist College | BS | Former |
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