DUBUQUE, Iowa–(BUSINESS WIRE)–Aug. 13, 2003–Flexsteel Industries, Inc. (Nasdaq:FLXS) and DMI Furniture, Inc. (nasdaq:dmif) jointly announced today that they have signed a definitive purchase.
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Flexsteel Inds. and its DMI Furniture subsidiaries have announced a long-term, companywide initiative to become more environmentally friendly. The company said it will take part in Enhancing Furniture.
Upholstery producer flexsteel inds. has agreed to acquire manufacturer and importer DMI Furniture for $44 million, including $27 million in assumed debt. The sale, approved unanimously by both.
Dubuque-based Flexsteel will purchase DMI Furniture Inc., of Louisville, Ky., for $14.19 million, company officials said. Flexsteel offered $3.30 per share of DMI stock on Wednesday and said it would.
The new corporate office will feature Flexsteel’s world-class products throughout, including our dmi commercial office, Flexsteel hospitality and home furnishings lines. The building will allow for.
Czanderna holds the position of President & Director at DMI Furniture, Inc. He is also on the board of. Chief Executive Officer & Director at Flexsteel Industries, Inc., Group President-Building.
Mr. Thomas M. Levine, also known as Tom, serves as Chair of the Board of Flexsteel Industries, Inc. and has been its Director since December 6, 2010 and DMI Furniture Inc., since 1984. Mr. Levine.
The previously mentioned $2.5 million non-cash expense due to the termination and settlement of a defined benefit plan associated with the prior wholly owned subsidiary, DMI Furniture, Inc.
In 2003, Flexsteel acquired DMI Furniture, now a wholly owned subsidiary with three divisions: Wynwood, Home Styles and DMI Commercial Office Furniture. Based in Louisville, KY, DMI also has a.
FlexSteel is a revolutionary spooled pipe technology developed from more than 30 years of experience in demanding offshore environments. It uniquely combines the corrosion resistance and installation advantages of flexible pipe with a core of steel – the industry standard for durability. Structural Integrity.
In this role, he replaces Pat Bahil, the former division president who left the company in September. Faig, who joined Flexsteel/DMI in 2008 as director of product development, became vice president.
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DMI collaborative business furniture Practiced throughout the organization, the collaborative pursuits between design and business create a powerful platform to both support incremental improvements (reduction in time to market, increased margin, better product/market mix) and to drive innovation. Design Thinking is a Means to Align
Who are the largest cabinet manufacturers in North America? The biggest producers of furniture? The millwork and store fixture companies with the largest sales? This information is part of the FDMC.