Company plans $530,000 investment in new equipment
FRANKFORT, Ky. (Nov. 18, 2015) — National Office Furniture Inc. will invest $530,000 in its Danville facility and create 40 jobs, Gov. Steve Beshear announced today. The subsidiary of Kimball International Inc. designs and manufactures office furniture.
“Kimball has been producing quality furnishings at its Danville facility for more than 15 years, and I’m glad to see the company’s footprint in Kentucky continue to grow,” said Beshear. “Nearly anyone using offices, meeting rooms, hotels, health-care settings, libraries, lounges or study areas has worked from and appreciated Kimball’s products. It is great to know that Kimball will add to its Boyle County workforce and production with this latest announcement.”
Kimball’s investment comes in response to increased sales of its National Office Furniture and Kimball Office brands. The company also notes that market demand for its new lounge product series—including Fringe, Villa, Pairings, Boyd, Confide, Reno Enhancements and Dwell—led to the need for equipment upgrades and a boost in employment.
“National Office Furniture’s Danville manufacturing location has been an important part of Kimball International since the acquisition of the Danville facility in 1999. The facility has grown from under 70 employees to 190, and we expect this number to increase significantly in the next year,” said Kevin McCoy, president of National Office Furniture. “The Danville facility has experienced double-digit growth over the past five years, taking advantage of market trends and strong new product development.”
In addition to its Danville location, the company maintains an operation in Fordsville. Parent company Kimball International, based in Jasper, Ind., operates 17 U.S. production facilities across Indiana, Kentucky, Indiana, Idaho and Virginia.
Kimball, which turned 65 this year, is a leading manufacturer of design-driven, technology-savvy, high-quality furnishings sold under the company’s family of brands: National, Kimball Office and Kimball Hospitality. Kimball’s diverse portfolio provides solutions for the workplace, learning, healing and hospitality environments. Customers can access products globally through a variety of distribution channels.
To encourage the investment and job growth in the community, the Kentucky Economic Development Finance Authority preliminarily approved the company for tax incentives up to $500,000 through the Kentucky Business Investment program. The performance-based incentive allows the company to keep a portion of its investment over the agreement term through corporate income tax credits and wage assessments by meeting job and investment targets.
In addition, Kimball is eligible to receive resources from the Kentucky Skills Network. Through the Kentucky Skills Network, companies are eligible to receive no-cost recruitment and job placement services, reduced-cost customized training and job training incentives. Last year, the Kentucky Skills Network trained more than 84,000 employees from more than 5,600 Kentucky companies.
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