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BRIEF-HNI Corp says on February 6, 2017, approved closure of its Colville, Washington hearth manufacturing facility
February 8, 2017 / 10:25 PM / 8 months ago

BRIEF-HNI Corp says on February 6, 2017, approved closure of its Colville, Washington hearth manufacturing facility

Feb 8 (Reuters) - HNI Corp

* HNI Corp says on February 6, 2017, approved closure of its Colville, Washington hearth manufacturing facility

* HNI Corp says to consolidate Colville production into existing hearth manufacturing facilities

* HNI Corp says anticipates closure and consolidation of Colville facility to be substantially completed by end of Q3 2017

* HNI Corp says corporation estimates realignment will save $2.8 million annually beginning in Q4 2017.

* HNI Corp says corporation anticipates charges related to closure and consolidation will impact pre-tax earnings an estimated $6.7 million. Source text for Eikon: Further company coverage:

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