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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 March 29, 1996
(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)
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ITEM 5. Other Events
On March 29, 1996 the Company issued the following press release.
Jasper, IN (March 29, 1996)--Kimball International, Inc. announced today that
the purchase of ELMO Semiconductor Corporation, Burbank, CA, and ELMO
Semiconducteurs SARL, Mantes-La-Jolie, France, has been completed. The
signing of a Definitive Purchase Agreement, subject to the due diligence
provision, was announced February 5, 1996.
ELMO is a provider of unpackaged semiconductors (DIE), Hi-Rel Die packaging and
test, and design and manufacturer of high density Memory, Power, and custom
Multichip Modules (MCM). Kimball anticipates the combination of ELMO's MCM
technologies and Kimball's advance Surface Mount capabilities will provide
customers with the resources required to both design and manufacture electronic
components in this rapidly evolving industry.
The purchase of the privately held corporation with annual sales of approx-
imately $15 million was financed internally by Kimball International. Both ELMO
units will maintain operations and personnel in their respective locations and
continue their active customer base in the defense, aerospace, medical
and automotive industries.
Kimball International, Inc. is a diversified furniture and electronics
manufacturer. Kimball's Class B common stock is traded on the NASDAQ National
Market under the symbol KBALB.
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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: Gary P. Critser
GARY P. CRITSER
Senior Exec. Vice President
Chief Accounting Officer
and Secretary
Date: April 1, 1996
