text: We, the members of HON INDUSTRIES, are dedicated to creating long-term value for all of our stakeholders, to 
  
  exceeding our customers’ expectations, and to making our company a great place to work. We will always treat each 
  
  other, as well as customers, suppliers, shareholders, and our communities, with fairness and respect. 
  
  Our success depends upon business simplification, rapid continuous improvement, and innovation in every- 
  
  thing we do, individual and collective integrity, and the relentless pursuit of the following long-standing beliefs: 
  
  **W E W I L L B E P R O F I T A B L E .**
  
  We pursue mutually profitable relationships with customers and suppliers. Only when our company achieves an ade- 
  
  quate profit can the other elements of this Vision be realized. 
  
  **W E W I L L C R E A T E L O N G - T E R M V A L U E F O R S H A R E H O L D E R S .**
  
  We create long-term value for shareholders by earning financial returns significantly greater than our cost of capital and 
  
  pursuing profitable growth opportunities. We will safeguard our shareholders’ equity by maintaining a strong balance 
  
  sheet to allow flexibility in responding to a continuously changing market and business environment. 