View printer-friendly version | | << Back | | HNI Corporation Announces Presentation at BB&T Manufacturing and Materials Conference | MUSCATINE, Iowa--(BUSINESS WIRE)--March 16, 2007--HNI Corporation
(NYSE:HNI) executive Jerald K. Dittmer, Vice President and Chief
Financial Officer, will be presenting at the BB&T Manufacturing and
Materials Conference in New York on March 21, 2007. The presentation
is scheduled for approximately 2:25 p.m. EST and will be audio
web-cast, which can be accessed via a link on the Investor Information
section of the Corporation's website at www.hnicorp.com. The materials
will also be posted on the Corporation's website.
HNI Corporation is a NYSE traded company providing products and
solutions for the home and workplace environments. HNI Corporation is
the second largest office furniture manufacturer in the world and is
also the nation's leading manufacturer and marketer of gas- and
wood-burning fireplaces. The Corporation's strong brands, including
HON(R), Allsteel(R), Gunlocke(R), Paoli(R), Lamex(R), Heatilator(R),
Heat & Glo(TM), and Quadra-Fire(R), have leading positions in their
markets. HNI Corporation is committed to maintaining its long-standing
corporate values of integrity, financial soundness and a culture of
service and responsiveness. By doing so, in 2007 Fortune magazine
named the Corporation one of America's Most Admired Companies for the
eighth consecutive year. In 2006, the Corporation was recognized by
Industry Week as one of the 50 Best Manufacturing Companies for the
fourth consecutive year. HNI Corporation's common stock is traded on
the New York Stock Exchange under the symbol HNI. More information can
be found on the Corporation's website at www.hnicorp.com.
Statements in this release that are not strictly historical,
including statements as to plans, outlook, objectives, and future
financial performance, are "forward-looking" statements that are made
pursuant to the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995. Words such as "anticipate," "believe,"
"could," "confident," "estimate," "expect," "forecast," "intend,"
"likely," "may," "plan," "possible," "potential," "predict,"
"project," "should," and variations of such words and similar
expressions identify forward-looking statements. Forward-looking
statements involve known and unknown risks, which may cause the
Corporation's actual results in the future to differ materially from
expected results. These risks include, without limitation: the
Corporation's ability to realize financial benefits from its (a) price
increases, (b) cost containment and business simplification
initiatives for the entire Corporation, (c) investments in strategic
acquisitions, new products and brand building, (d) investments in
distribution and rapid continuous improvement, (e) repurchases of
common stock, and (f) ability to maintain its effective tax rate;
uncertainty related to the availability of cash to fund future growth;
lower than expected demand for the Corporation's products due to
uncertain political and economic conditions; lower industry growth
than expected; major disruptions at our key facilities or in the
supply of any key raw materials, components or finished goods;
uncertainty related to disruptions of business by terrorism, military
action, acts of God or other Force Majeure events; competitive pricing
pressure from foreign and domestic competitors; higher than expected
costs and lower than expected supplies of materials (including steel
and petroleum based materials); higher than expected costs for energy
and fuel; changes in the mix of products sold and of customers
purchasing; restrictions imposed by the terms of the Corporation's
revolving credit facility and note purchase agreement; currency
fluctuations and other factors described in the Corporation's annual
and quarterly reports filed with the Securities and Exchange
Commission on Forms 10-K and 10-Q. The Corporation undertakes no
obligation to update, amend, or clarify forward-looking statements,
whether as a result of new information, future events, or otherwise,
except as required by applicable law.
CONTACT: HNI Corporation
Jerald K. Dittmer, 563-272-7400
Vice President and CFO
or
Melinda C. Ellsworth, 563-272-7406
Vice President, Treasurer and Investor Relations
SOURCE: HNI Corporation
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