Brief: Kimball to consolidate manufacturing capacity

Kimball International

05/11/2014 22:33

Nov 5 (Reuters) - Kimball International Inc  KBAL.O : 
 * Announces plan to consolidate manufacturing capacity to be more responsive to 
   markets and reduce cost structure; Idaho manufacturing to be transferred to 
   Indiana facilities 
 * Consolidation of metal fabrication production from operation located in Post 
   Falls to existing production facilities in Indiana 
 * Says the consolidation activities will begin immediately 
 * Says company is actively marketing for sale the Post Falls, Idaho facility 
 * Says manufacturing capacity realignment will be managed over a period of 
   seven to eight quarters 
 * Says savings from plan will, in part, be redeployed into enhancing marketing 
   and new product development 
 * Source text for Eikon  ID:nBw3Q7Gnwa  
 
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