What is the likelihood of HNI layoffs in Muscatine in 2016? Please let me know if you have any information.
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With the investment that is being done you could see one of two things happen. (1) If more automation is placed in building or storing merchandise then there could be a small change in employment in the negative effect. (2) With expansion and increase in allowable production there could also be an increase in hiring to make up for extra work, employee turnover and retirees. It really hard to say. The stock has been up and down but Wallstreet seems to have faith in HNI for the moment.