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JASPER, IN – Kimball Electronics announced plans to open a new manufacturing facility in Indianapolis, a move expected to create 345 jobs. The news was shared alongside the company’s fiscal quarterly earnings report, which showed solid financial performance amid continued market volatility.

CEO Richard D. Phillips praised the team’s execution: “Margins improved sequentially, cash from operations remained strong, and we’ve meaningfully reduced debt. We have significant dry powder to invest.”

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