lorenger jeff HNI 23HON cutting NC
furniture capacity 

"Optimizing manufacturing
facilities and productivity"

HNI Corporation (HNI) ceo Jeff Lorenger said today it will close its Hickory (NC) furniture manufacturing plant in 2025 and consolidate production into other North American facilities. Can we expect similar moves from MillerKnoll and Steelcase as the market volumes continued -30% down on 2019?

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