" hspace="20" vspace="5" border="0" align="right" valign="top" class="productPhotoBorder">
Hearth & Home Technologies Inc., the world’s largest fireplace manufacturer and a subsidiary of HNI Corporation (NYSE:HNI) announced today that it has acquired the assets of Fireplace Distributors Inc. located in Riverside, Ca. A leading installing hearth distributor in the Southern California market, Fireplace Distributors will position Hearth & Home Technologies as the premier provider of hearth products and services in the region.
“Southern California has historically been one of the strongest new construction markets in the country,” said Brad Determan, President, Hearth & Home Technologies. “This acquisition reflects an ongoing commitment to enhance our ability to service the needs of builders and consumers. By incorporating Fireplace Distributors’ specialized talent and resources into our fully integrated distribution network, we’ll stand out as Southern California’s hearth experts and single source solution for product selection, installation and service.”
Hearth & Home Technologies will operate the newly acquired business under its Fireside Hearth & Home™ distribution brand, the world’s largest provider of hearth products and services. This Fireside Hearth & Home location will offer Heatilator® and Heat & Glo™ brand products and retain the 45 employees as well as owners Don Bowker and Lisa Vidargar. Don and Lisa will continue to manage the location in the high-quality manner that builders and consumers have come to expect.
The acquisition of Fireplace Distributors adds a third Fireside Hearth & Home location in the Southern California market. Other Fireside Hearth & Home locations in Southern California include Gardena and Valencia.
Hearth & Home Technologies is the world’s largest fireplace manufacturer and a leading provider of hearth products for the home. Through the company’s Heat & Glo, Heatilator and Quadra-Fire brands, it offers hearth solutions to fit the need in any home. More information can be found at www.hearthnhome.com.
HNI Corporation provides products and solutions for the home and workplace environments and is the second largest office furniture manufacturer in the United States. HNI Corporation is also the nation's leading manufacturer and marketer of gas- and wood-burning fireplaces. The company's strong brands, including HON® Allsteel®, Gunlocke®, Paoli®, Heatilator®,
Heat & Glo™ and Quadra-Fire®, 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, the company was recognized for the seventh consecutive year as one of the 400 Best Big Companies in America by Forbes Magazine in 2005, and was again recognized as one of America's Most Admired Companies in the furniture industry by Fortune Magazine in 2005. HNI Corporation's common stock is traded on the New York Stock Exchange under the symbol HNI. More information can be found on the Company's website at www.hnicorp.com.