×

Kimball Electronics Announces Plans to Expand Capacity in Europe by Establishing a New Operation in Romania

JASPER, Ind., Jan. 28, 2015 (GLOBE NEWSWIRE) -- Kimball Electronics (Nasdaq:KE) announced plans today to expand their capacity in Europe by opening a new operation in Romania. "We are very excited to be making this investment in Romania," stated Janusz Kasprzyk, Vice President European Operations. "The new operation in Romania will be an excellent complement to our existing operation in Poland and provide our customers with additional options for their preferred solution."

The location of the new operation will be near the Timisoara airport and include a 6,000 square meter facility containing multiple production lines. Production employment is anticipated to occur in the third quarter of this calendar year.

"This year we will celebrate our 15th anniversary since establishing our operations in Poland and we have been very pleased with the accomplishments of our team there," stated Don Charron, Chairman and CEO. "The addition of Romania is a natural fit in our strategic plan to support the growth initiatives of our customers and we are confident that we will build a capable and competent team here too."

Kimball Electronics is a global contract electronic manufacturing services ("EMS") company that specializes in durable electronics for the medical, automotive, industrial and public safety markets. Kimball Electronics is well recognized by customers and industry trade publications for its excellent quality, reliability and innovative service. From its manufacturing operations in the United States, Mexico, Thailand, Poland, and China, Kimball Electronics provides engineering, manufacturing, and supply chain services which utilize common production and support capabilities to a variety of industries globally. Kimball Electronics is headquartered in Jasper, Indiana. Kimball Electronics, Inc., trades under the symbol "KE" on The NASDAQ Stock Market.

For more information about Kimball Electronics, visit the Company's web site on the Internet at www.kimballelectronics.com.

"Lasting relationships. Global success."

CONTACT: Adam Smith Treasurer Telephone 812.634.4291 e-mail: Adam.Smith@kimballelectronics.com

Source:Kimball Electronics, Inc.