Corporate Profile for Kimball International Inc., dated March 14, 1997.--(BUSINESS WIRE)--The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and online services, including all of the leading Internet-based services. -0-
Published Date: March 14, 1997
Company Name: Kimball International Inc.
Address: 1600 Royal Street
Jasper, IN 47549
Main Telephone
Number: 812/482-1600
Chief Executive
Officer: Douglas A. Habig
Chief Financial
Officer: James C. Thyen
Investor Relations
Contact: Kenneth L. Sendelweck, Vice President, Assistant
Treasurer
Business number: 812/482-8478
Trading Symbol: KBALB
Industry: Office Furniture Manufacturer/Contract Electronics
Manufacturer
Company description: Kimball is a diversified diversified (di·verˑ·s manufacturer of consumer durable goods durable goods Goods, such as appliances and automobiles, that have a useful life over a number of periods. Firms that produce durable goods are often subject to wide fluctuations in sales and profits. Also called consumer durables. , including office, residential, hospitality and healthcare furniture, sold under the company's family of brand names. Kimball is a major supplier of electronic assemblies on an original equipment manufacturer (OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and ) basis. It makes other OEM products such as TV cabinets and stands, audio speaker systems, home furniture and pool tables. It also produces plywood plywood, manufactured board composed of an odd number of thin sheets of wood glued together under pressure with grains of the successive layers at right angles. Laminated wood differs from plywood in that the grains of its sheets are parallel. , dimension stock and other lumber lumber, term for timber that has been cut into boards for use as a building material. The major steps in producing lumber involve logging (the felling and preparation of timber for shipment to sawmills), sawing the logs into boards, grading the boards according to products. -0-
Financial Highlights (amounts in thousands except per share data):
1996 1995 1994
________ ________ ________
Revenues $923,636 $895,912 $822,484
Net Income $ 45,095 $ 41,439 $ 36,169
Earnings per share $ 2.16 $ 1.97 $ 1.71
CONTACT: Kimball International Kimball International, Inc. NASDAQ: KBALB is a manufacturer of furniture and industrial electronics. Founded by W.W. Kimball in 1857 as a piano dealership, it was discontinued after 1996 but remains one of America's oldest and most distinguished keyboard instrument Inc. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion