Kimball International announced plans to expand its National Office Furniture facility in Fordsville, KY, and bring production of Kimball Hospitality furniture back from overseas.
Kimball International, Inc. (NASDAQ: KBAL) announced second quarter fiscal year 2015 net sales of $151.4 million and approximate break-even income from continuing operations and earnings per share, inclusive of restructuring and spin-off costs.
Consolidated net sales in the first quarter of fiscal year 2015 increased 10% from the prior year first quarter on increased net sales in both the Furniture segment and the Electronic Manufacturing Services (“EMS”) segment.
Kimball International Inc.announced the planned consolidation of its metal fabrication production from its operation located in Post Falls, Idaho, into existing production facilities in Indiana.
Kimball International Inc. announced that it has completed the spin-off of the Company's Electronic Manufacturing Services business, newly named Kimball Electronics, Inc.
Kimball International reported net sales of $336.8 million and net income of $7.8 million, or $0.20 per Class B diluted share, for the fourth quarter of fiscal year 2014 which ended June 30, 2014.
Kimball International, Inc. reported net sales of $320.3 million and net income of $9.2 million, or $0.24 per Class B diluted share, for the second quarter of fiscal year 2014 which ended December 31, 2013.