HNI Corp. plans to close its HBF factory in Hickory, NC by 2025, affecting 200 employees, to consolidate production and save $11M annually by 2026.
HNI Corp., an office furniture manufacturer, plans to close its HBF factory in Hickory, NC, by 2025, affecting 200 employees. Production will be consolidated into other North American facilities. HNI will maintain a commercial presence in Hickory through its HBF brand and related teams. The move aims to save $11 million annually by 2026, with $8-9 million projected in 2025.
May 21, 2024
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