Kimball International, Inc. has announced that it has completed the sale of all of the Company’s undeveloped land holdings and timberlands, a total of 27,196 acres located in Indiana and Kentucky. The auction sales totaled $50.605 million.
The Company confirmed that it reached an agreement to sell the nearly 12,000 acres in Union and Crittenden counties […]
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Kimball International Land Auction Takes $50.6 Million
Kimball International, Inc. (NASDAQ: KBALB) announced today that it has completed the sale of all of the Company’s undeveloped land holdings and timberlands, a total of 27,196 acres located in Indiana and Kentucky. The auction sales totaled $50.605 million.
The Company confirmed that it reached an agreement to sell the nearly 12,000 acres in Union and […]
Read the original post:
Kimball International Auction Sales Total $50.6 Million
Officials of Kimball International are hoping that their upcoming auction of 27,212 acres – primarily timberland – in Indiana and Kentucky will attract investors who have sold equities and begun looking for a less volatile long-term haven for their money.
“After weeks of heavy selling in all sectors, there’s a lot of cash looking for alternatives,” […]
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Indiana and Kentucky Timber Land Auction
