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The HON Company company history timeline

1944

On January 6, 1944, the four signed the Articles of Incorporation for the Home-O-Nize Company; offices were set up in Davenport, Iowa, and each of the four directors contributed $1,000 for ten shares of stock to the start-up project.

Brothers-in-law C. Maxwell Stanley and Clement T. Hanson began the company in 1944 with their friend H. Wood Miller.

1947

Sales from the products made from scrap in 1947 amounted to almost $20,000.

In 1947, The HON Company began making products using metal scraps.

1949

In 1949, Home-O-Nize signed a contract worth $450,000 with Associated Manufacturers, Inc. to produce a newly designed corn picker that attached directly to the front of a tractor.

1950

The combined sales of Home-O-Nize and Prime-Mover totaled more than $600,000 at year end 1950.

1953

By 1953, total consolidated sales passed the $1 million milestone and two years later exceeded $2 million.

1954

Proving himself a manufacturing genius and a shrewd administrative leader, Howe shared the founders' vision of growth and had become vice-president of production by 1954.

1965

By 1965, the company was serving about 75 wholesalers located throughout the United States, with about 35 percent of its furniture reaching dealers through this channel.

1969

By 1969, net sales were $25 million.

1972

Corry Jamestown of Corry, Pennsylvania, was acquired in 1972, HON's first venture into the higher priced segment of the office furniture market.

1977

The acquisition of Murphy-Miller of Owensboro, Kentucky, put HON into the wood seating business in 1977.

1982

J.K. Rischel Company, manufacturers of traditional wood office furniture, was purchased in 1982, and the next year, HON acquired 35 percent of Ring King Visibles, a rapidly growing office products company.

1984

He would later become chairman of HON after the death of Max Stanley in 1984.

1987

By 1987, under the leadership of chairman and president Stanley Howe, HON had become known as the most efficient producer in the industry worldwide, capable of producing a desk every minute, a file every 40 seconds, and a chair every 20 seconds.

1990

In March 1990, Jack D. Michaels, formerly the president and CEO of Hussmann Corp., was named president of HON INDUSTRIES. Michaels was eventually given the position of CEO as well, while Howe remained on as chairman of the board.

1993

In 1993, the company made record investments in new product development, new capital equipment, new business ventures, and member development.

2008

In 2008 the Corporation was recognized by Fortune Magazine as one of Americas Most Admired Companies in the furniture industry.

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Founded
1944
Company founded
Headquarters
Muscatine, IA
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The HON Company competitors

Company nameFounded dateRevenueEmployee sizeJob openings
Steelcase1912$3.2B12,65029
Leggett & Platt1883$4.4B20,000119
Ashley HomeStore1945$4.7B35,000362
Directbuy1971$56.4M340-
Walgreens1901-210,50019,115
Kirkland's1966$468.7M7,300807
Jo-Ann Stores1943-23,0001
Specialty Retailers Inc1988$1.6B9,946-
Simon Property Group1993$6.0B3,300188
Herman Miller1905$2.5B8,000-

The HON Company history FAQs

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The HON Company may also be known as or be related to The HON Co. LLC, The HON Company, The HON Company LLC and The Hon Company.