Kimball International, Inc.

Kimball International, Inc. Overview

Company Headquarters: Indiana, US

Founded: 1970

Workforce: ~3,074

Company Working: Kimball International, Inc. (Kimball International) manufactures, designs, and sells furniture products under the Kimball, National, and Kimball Hospitality brands across the world. The company offers furniture for healthcare, educational, commercial, government, finance, and hospitality sectors. The company markets its products through several distribution channels such as brokers, wholesalers, office furniture dealers, purchasing companies, designers, and catalog houses.

Strategy

Kimball International is looking forward to investing in capital expenditures, including acquisitions, to enhance its capabilities. The company is also looking forward to focussing on cost control to adjust discretionary capital spending and operating costs. Kimball International aims at differentiated product launches with heavy investment in R&D every year, to provide high quality product variety. For instance, in 2018, the company invested USD 7 million in its R&D activity.

Company Snapshot

$544M

Revenue

3,074

Employees

1970

Founded

Indiana, US

Headquarters

SWOT Analysis

Strengths

Wide product portfolio
Highly skilled workforce
Strong distribution network
Catering various industries

Weaknesses

Limited investments on productional activities

Opportunities

Lower inflation rate
Growing e-commerce industry

Threats

Increasing number of local distributors
Fluctuating transportation costs

Key Developments

Date	Approach	Development
October 2018	Acquisition	Kimball, a subsidiary of Kimball International, Inc., acquired David Edward, a furniture company, headquartered in Maryland, US. The acquisition extended the company’s product portfolio.

Product Offering

Kimball International, Inc.
- RTA Furniture

Financial Performance

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