The Cedartown Standard said that in a statement from the company officials the following release was sent stating, The general economy and the office furniture market were hit hard in 2008 and it is still unclear how long it will be until the economy and office furniture market rebound. The HON has taken steps to counter the difficult business climate and to improve our performance through aggressive cost control and related initiatives. We must match our production to demand for our products. The duration of any work schedule reductions will vary and will be discussed only with affected members of The HON. We will continue to focus on taking care of our customers, driving daily improvements, taking cost and waste out of our business, prioritizing and focusing our efforts on the most critical issues and evaluating our structure, processes and resources. The HON remains committed to our members, customers and communities where we operate.
