JASPER, Ind.-- Kimball International, Inc. has announced that its board of directors has approved a transformation plan in alignment with the company’s Kimball International Connect strategy. These activities are expected to optimize resources for future growth, improve efficiency and build capabilities across the organization that will establish a more cost-efficient structure to better align operations with long-term strategic goals.

Kimball will review overall manufacturing facility footprint to reduce excess capacity and gain efficiencies. As part of this initiative, the company plans to exit a leased seating manufacturing facility in Martinsville, Virginia, as well as evaluate its production capabilities and capacity across the organization for additional opportunities.

The company will create center-led functions for finance, human resources, information technology and legal functions, which are expected to result in standardization of processes and elimination of duplication. In addition, the company is centralizing its supply chain efforts to maximize supplier value and plans to drive more efficient practices and operations within its logistics function.

Kimball will reallocate brand selling resources to higher-growth markets, and exit four product showrooms across the brands.

The transformation plan will begin immediately, and the Company expects a substantial majority of the underlying activities of these actions to be completed by the end of its fiscal year 2020.

As part of its organizational structure review, the board, in consultation with Don Van Winkle, determined the positions of president, chief operating officer, currently being held by Van Winkle, would be eliminated. Van Winkle is also currently serving as interim president for the Kimball brand and will remain in his capacity as president, chief operating officer and interim president for Kimball brand through a thoughtful transition as the Company works to fill the Kimball brand President role. See http://www.kimballinternational.com.

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