text: our rapid continuous improvement (RCI) programs, in 1992. It  announced in February 2003, was an important part of 
  
  is not only a process to drive out cost, it is a powerful tool to  this process. 
  
  engage every member every day in making choices to improve  Our office furniture and hearth businesses are healthy 
  
  the value we provide to our customers.  and well-positioned for growth; still we continue to face a com- 
  
  petitive business environment. We are confident of our financial 
  
  security, and certain that our transition to becoming a market-  **E N H A N C I N G C U L T U R E A N D C A P A B I L I T I E S**
  
  Our values are simple yet powerful. They are as relevant today  driven, operationally excellent company will continue to en- 
  
  as they were when the company was founded 60 years ago.  hance shareholder value. The transformation continues. We will 
  
  Our member-owner culture of shared responsibility and shared  be seeking shareholder approval, in early May 2004, to change 
  
  reward engages all members in the ongoing business improve-  the name of HON INDUSTRIES to HNI Corporation, drawing 