FRANKFORT, KY – Buoyed by increased sales, National Office Furniture Inc., a subsidiary of Kimball International Inc., plans to expand its Danville production plant with an investment of $530,000 in equipment, adding approximately 40 new jobs and increasing the facility's production capacity.
“National Office Furniture’s Danville manufacturing location has been an important part of Kimball International since the acquisition of the Danville facility in 1999. The facility has grown from under 70 employees to 190, and we expect this number to increase significantly in the next year,” said Kevin McCoy, president of National Office Furniture. “The Danville facility has experienced double-digit growth over the past five years, taking advantage of market trends and strong new product development.”
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To help finance the expansion, the Kentucky Economic Development Finance Authority preliminarily approved the company for tax incentives up to $500,000 through the Kentucky Business Investment program. The performance-based incentive allows the company to keep a portion of its investment over the agreement term through corporate income tax credits and wage assessments by meeting job and investment targets. Also, Kimball is eligible to receive resources from the Kentucky Skills Network, which allows eligible companies to receive no-cost recruitment and job placement services, reduced-cost customized training and job training incentives.
In addition to National Office Furniture's Danville location, it also has a plant in Fordsville. The company announced earlier this year plans to reshore production of its Kimball Hospitality furniture from Asia and to invest $318,000. That expansion included the creation of 42 jobs in addition to the 181 that were employed at the 195,000-square-foot facility.
National Office Furniture's parent company, Kimball International, is based in Jasper, IN, and operates 17 U.S. production facilities in Indiana, Kentucky, Indiana, Idaho and Virginia.
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