-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, T0AjYn/w24ZFREprvQ2Vc4cEz/HKtxVU/aljmxWxcE/adY2IJSBnpVKFOwlBkw0y qQSGtZWCn0cBgrNWUKxRRQ== 0000055772-99-000008.txt : 19991021 0000055772-99-000008.hdr.sgml : 19991021 ACCESSION NUMBER: 0000055772-99-000008 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19991020 ITEM INFORMATION: FILED AS OF DATE: 19991020 FILER: COMPANY DATA: COMPANY CONFORMED NAME: KIMBALL INTERNATIONAL INC CENTRAL INDEX KEY: 0000055772 STANDARD INDUSTRIAL CLASSIFICATION: OFFICE FURNITURE [2520] IRS NUMBER: 350514506 STATE OF INCORPORATION: IN FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 000-03279 FILM NUMBER: 99731165 BUSINESS ADDRESS: STREET 1: 1600 ROYAL ST CITY: JASPER STATE: IN ZIP: 47549 BUSINESS PHONE: 8124821600 MAIL ADDRESS: STREET 1: 1600 ROYAL STREET STREET 2: 1600 ROYAL STREET CITY: JASPER STATE: IN ZIP: 47549 FORMER COMPANY: FORMER CONFORMED NAME: JASPER CORP DATE OF NAME CHANGE: 19740826 8-K 1 8-K FOR KIMBALL INT'L SECURITIES AND EXCHANGE COMMISSION Washington D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report October 19, 1999 (Date of earliest event reported) KIMBALL INTERNATIONAL, INC. (Exact name of registrant as specified in its charter) INDIANA (State or other jurisdiction of incorporation) 0-3279 35-0514506 (Commission File Number) (IRS Employee Identification Number) 1600 Royal Street, Jasper, Indiana 47549-1001 (Address of principal executive offices) (Zip Code) Registrants telephone number, including area code: (812) 482-1600 Not Applicable (Former name or former address, if changed since last report) ITEM 5. Other Events On October 19, 1999, the Registrant issued press releases announcing the agreement to acquire Jackson of Danville and the election of nominees to the Board of Directors. KIMBALL INTERNATIONAL, INC. ACQUIRES SEATING MANUFACTURER Jasper, IN (October 19, 1999) - Aiming to bolster their market share in the seating segment of the hospitality and healthcare markets, Kimball International, Inc. (NASDAQ: KBALB) today announced the signing of a definitive agreement to acquire Jackson of Danville headquartered in Danville, Kentucky. Jackson of Danville is a privately held manufacturer of custom and in-line fully upholstered seating products and wood framed chairs marketed under the brand name "Health Wise" and "Jackson of Danville" for the hospitality and healthcare markets with manufacturing facilities located in Danville and Greensburg, Kentucky. The closing of the transaction, subject to the satisfaction of certain conditions, is expected to occur within the next 30 to 45 days. The acquisition will allow Kimball and Jackson of Danville to leverage their strengths in the sales and marketing of seating products to the hospitality and healthcare markets while at the same time, offer new opportunities to Jackson of Danville to expand distribution of their custom and designer-oriented products. As a result of these anticipated synergies, Kimball expects to achieve an increase in both the sales and income of seating and casegoods products to the hospitality and healthcare markets. "We are pleased to announce this transaction and welcome Jackson of Danville and their employees into the Kimball family," said Kimball International, Inc. President, James C. Thyen. "Jackson of Danville has been providing Kimball Lodging and Healthcare with high-quality, affordable hospitality and healthcare seating for many years. We believe that this strategic acquisition will help to strengthen an already impressive line of seating products and casegoods marketed by Kimball Lodging and Healthcare. Jackson of Danville also brings an experienced sales and marketing staff supported by a network of independent representatives throughout the United States making Kimball Lodging and Healthcare an even more formidable competitor in the lodging and healthcare industries. Today's announcement is further confirmation of our continued commitment to delivering new and improved products to the marketplace for the long-term benefit of the employees and Share Owners of Kimball International, Inc.," concluded Thyen. Certain statements contained within this document are forward looking statements under the Private Securities Litigation Reform Act of 1995 and are subject to risks and uncertainties such as the successful closing of the proposed acquisition of Jackson of Danville, fluctuations in market demands and general economic conditions. Kimball International, Inc. provides a vast array of products from its two business segments: the Furniture and Cabinets Segment and the Electronic Contract Assemblies Segment. The Furniture and Cabinets Segment manufactures furniture for the office, residential, lodging and healthcare industries and store display fixtures, all sold under the Company's family of brand names. Other products produced by Kimball on an original equipment manufactured basis include store fixtures, television cabinets and stands, audio speaker systems and furniture components. The Electronic Contract Assemblies Segment is a global provider of design engineering, manufacturing, packaging and distribution of electronic assemblies, circuit boards, multi-chip modules and semiconductor components on a contract basis to customers in the transportation, industrial controls, telecommunications, computer and medical industries. To learn more about the products and services offered by Kimball International, Inc., visit the Company's web site located on the Internet at www.kimball.com. "Kimball International Builds Success" KIMBALL INTERNATIONAL HOLDS ANNUAL MEETING OF SHARE OWNERS JASPER, IN (October 19, 1999) - At their 1999 annual meeting held today, Share Owners of Kimball International, Inc. (NASDAQ: KBALB) overwhelmingly elected all twelve nominees to the Board of Directors. The following Board members were re-elected to serve a one-year term: Douglas A. Habig, Thomas L. Habig, James C. Thyen, John B. Habig, Ronald J. Thyen, John T. Thyen, Gary P. Critser, Brian K. Habig, Dr. Jack R. Wentworth, Christine M. Vujovich, Alan B. Graf, Jr. and Polly B. Kawalek. Kimball International, Inc. provides a vast array of products from its two business segments: the Furniture and Cabinets Segment and the Electronic Contract Assemblies Segment. The Furniture and Cabinets Segment manufactures furniture for the office, residential, lodging and healthcare industries and store display fixtures, all sold under the Company's family of brand names. Other products produced by Kimball on an original equipment manufactured basis include store fixtures, television cabinets and stands, audio speaker systems and furniture components. The Electronic Contract Assemblies Segment is a global provider of design engineering, manufacturing, packaging and distribution of electronic assemblies, circuit boards, multi-chip modules and semiconductor components on a contract basis to customers in the transportation, industrial controls, telecommunications, computer and medical industries. To review a transcript of the annual meeting reports and visual presentations made by Chairman and Chief Executive Officer Douglas A. Habig and Robert F. Schneider, Executive Vice President, Chief Financial Officer, Assistant Treasurer, visit Kimball's web site on the Internet at www.kimball.com. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Kimball International, Inc. By: Robert F. Schneider ROBERT F. SCHNEIDER Executive Vice President, Chief Financial Officer, Assistant Treasurer Date: October 20, 1999 -----END PRIVACY-ENHANCED MESSAGE-----