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Kimball International, Inc.

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Kimball International, Inc. - Food & Beverages showcase

Year Founded & Workforce

1970

3,074 Employees

Industry

Food & Beverages

Services

RTA Furniture
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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

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Key Developments

DateApproachDevelopment
October 2018AcquisitionKimball, 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

Explore key financial metrics, segmented revenue, balance sheet health, and performance trends.

By Business Segment: Global Sales rose from USD 544 Mn in 2014 to USD 686 Mn in 2018.
Kimball International, Inc. — By Business Segment
Series (USD Mn)20142015201620172018
Global Sales544601635670686

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