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Transport temperature control systems offer solutions that enable businesses around the world to ship a variety of temperature-sensitive products. The system assemblies to be produced by KEG reduce energy consumption costs while decreasing potentially harmful environmental emissions. The new contract was awarded by a division of an existing industrial customer, known as a leader in transport temperature control systems.
Kimball's strong package of value played a significant role in the award of business, including Kimball's global operational footprint in low-cost regions, experience in high reliability, durable electronics, and proven performance in the HVAC and refrigeration markets.
Full production, including system assembly, is scheduled to begin in the Kimball Electronics-Nanjing China facility starting in October 2009 with an initial revenue projection of $5 million annually.
Electronic controls that moderate or regulate energy usage in both commercial and consumer markets have grown as businesses attempt to address rising costs and public demands for greater environmental responsibility.
About Kimball Electronics:
Kimball Electronics Group is a global top-twenty contract electronic manufacturing services (EMS) company that specializes in durable electronics for the medical, automotive, industrial and public safety markets. Recognized by customers and industry trade publications for its excellent quality, reliability and innovative service, Kimball Electronics Group has manufacturing operations in the U.S., Mexico, Thailand, Poland, Wales, and China. Kimball Electronics Group is a business unit of Kimball International, a $1.2 billion dollar publicly held company headquartered in Jasper, Indiana.
To learn more about Kimball Electronics Group, visit our website at: www.kegroup.com
About Kimball International:
Recognized with a reputation for excellence, Kimball International is committed to a high performance culture that values personal and organizational commitment to quality, reliability, value, speed, and ethical behavior. Kimball employees know they are part of a corporate culture that builds success for Customers while enabling employees to share in the Company's success through personal, professional and financial growth.
Kimball International, Inc. (NASDAQ: KBALB | Quote | Chart | News | PowerRating) provides a variety of products from its two business segments: the Electronic Manufacturing Services segment and the Furniture segment. The Electronic Manufacturing Services segment provides engineering and manufacturing services which utilize common production and support capabilities to a variety of industries globally. The Furniture segment provides furniture for the office and hospitality industries, sold under the Company's family of brand names.
To learn more about Kimball International, Inc., visit the Company's website on the Internet at: www.kimball.com
"Kimball International ... We Build Success!"
SOURCE: Kimball International, Inc.
Kimball International Martin Vaught, Director of Public Relations, 812-482-1600 martin.vaught@kimball.com
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