BRIEF-HNI Corp To Exit Wayland, NY Facility In 2027

Reuters
Jan 09
BRIEF-<a href="https://laohu8.com/S/HNI">HNI Corp</a> To Exit Wayland, NY Facility In 2027

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;))

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