Brief: HNI Corp To Exit Wayland, NY Facility In 2027

HNI

08/01/2026 18:32

Jan 8 (Reuters) - HNI Corp HNI.N:

HNI CORP - TO EXIT WAYLAND, NY FACILITY IN 2027

HNI CORP - COST SYNERGIES FROM KII INTEGRATION TO TOTAL $68 MILLION BY 2028

HNI CORP - ESTIMATES $7.5-$8.0 MILLION ANNUAL SAVINGS FROM CONSOLIDATION

HNI CORP - ANTICIPATES CHARGES RESULTING FROM THE CONSOLIDATION WILL IMPACT PRE-TAX EARNINGS BY AN ESTIMATED $14.9 MILLION IN 2026 AND 2027

HNI CORP - DECISION TO RESULT IN TERMINATION OF 135 MEMBERS IN WAYLAND

Source text: ID:nBw1hvFkNa

Further company coverage: HNI.N

 ((Reuters.Briefs@thomsonreuters.com;))