FLXS Flexsteel Industries Inc.

Flexsteel Announces Tentative Agreements for Dubuque Manufacturing

DUBUQUE, Iowa--(BUSINESS WIRE)--

Flexsteel Industries, Inc. (NASDAQ:FLXS) announced today that it has tentatively agreed to terms under three agreements related to maintaining employment and manufacturing operations in Dubuque, Iowa:

  • A Development Agreement with the City of Dubuque requiring construction of a $25 million manufacturing facility
  • An Agreement to purchase land for $1.3 million from Dubuque County for the new facility
  • Redevelopment Investment Agreement with Dubuque Initiatives for demolition of the current Dubuque manufacturing facility and preparing the site for light industrial use

The Agreements will be considered for approval in a series of separate meetings, the first of which is scheduled on Monday, May 15, 2017, by the City Council of the City of Dubuque and Board of Supervisors of Dubuque.

The projects are contingent upon the approval of development assistance programs being considered by other entities. Typical program funds include tax benefits, training assistance, and redevelopment assistance.

Flexsteel thanks the employees of our Dubuque Operations for their cooperation and patience throughout this process. Additionally, we thank the City of Dubuque, Dubuque County, Greater Dubuque Development Corporation, Dubuque Initiatives and the Iowa Economic Development Authority for their active involvement in reaching these agreements.

EN
12/05/2017

Underlying

FLXSFlexsteel Industries Inc.

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Flexsteel Industries Inc.

 PRESS RELEASE
Free
FLXS Flexsteel Indus...

Flexsteel Industries, Inc. Announces Quarterly Dividend

DUBUQUE, Iowa--(BUSINESS WIRE)-- Flexsteel Industries, Inc. (NASDAQ:FLXS), announced its Board of Directors declared a quarterly dividend of $0.17 per share, payable April 7, 2025, to shareholders of record as of March 26, 2025. Flexsteel has paid cash dividends on its common stock each year since 1938. This is the 333rd consecutive quarterly cash dividend. About Flexsteel Flexsteel Industries, Inc., and Subsidiaries (the “Company”) is one of the largest manufacturers, importers, and marketers of residential furniture products in the United States. Product offerings include a wide variety o...

March 4, 2025 1 EN
 PRESS RELEASE
Free
FLXS Flexsteel Indus...

Flexsteel Industries, Inc. Reports Strong Fiscal Second Quarter 2025 R...

DUBUQUE, Iowa--(BUSINESS WIRE)-- Flexsteel Industries, Inc. (NASDAQ: FLXS) (“Flexsteel” or the “Company”), one of the largest manufacturers, importers, and marketers of residential furniture products in the United States, today reported second quarter fiscal 2025 results. Key Results for the Second Quarter Ended December 31, 2024 Net sales for the quarter of $108.5 million compared to $100.1 million in the prior year quarter, an increase of 8.4% and fifth consecutive quarter of year-over-year sales growth. Pre-tax gain of $5.0 million from sale of former manufacturing facility in Dubli...

February 3, 2025 1 EN
 PRESS RELEASE
Free
FLXS Flexsteel Indus...

Flexsteel Industries, Inc. to Announce Second Quarter 2025 Results on ...

DUBUQUE, Iowa--(BUSINESS WIRE)-- Flexsteel Industries, Inc. (NASDAQ:FLXS) (“Flexsteel” or the “Company”), one of the largest manufacturers, importers, and marketers of residential furniture products in the United States, announced today that it will issue its second quarter 2025 financial results after market close on Monday, February 3, 2025. A conference call and audio webcast with analysts and investors will be held on Tuesday, February 4, 2025, at 8:00 a.m. Central Time to discuss the results and answer questions. Live conference call: 833-816-1123 (domestic) or 412-317-0710 (internat...

January 20, 2025 1 EN
 PRESS RELEASE
Free
FLXS Flexsteel Indus...

Flexsteel Industries, Inc. to Present at Sidoti Virtual Investor Confe...

DUBUQUE, Iowa--(BUSINESS WIRE)-- Flexsteel Industries, Inc. (NASDAQ:FLXS) (“Flexsteel” or the “Company”), one of the largest manufacturers, importers and marketers of residential furniture products in the United States, today announced that Derek Schmidt, President and Chief Executive Officer, and Mike Ressler, Chief Financial Officer, will present and host one-on-one meetings with investors at the Sidoti January Virtual Investor Conference taking place on January 22-23, 2025. The presentation will begin at 3:15 p.m. Eastern Time on Wednesday, January 22, 2025, and can be accessed live here:...

January 20, 2025 1 EN
Dave Nicoski ... (+2)
  • Dave Nicoski
  • Ross LaDuke
EUR 43.03
ANET Arista Networks...
WBA Walgreens Boots... ... (+48)

Vital Signs: Actionable charts

In this product we rank the most positive and negative domestic stocks, filter the symbols by market-cap and trading volume, and then divide the companies into sectors and groups. We then manually look through charts leadership/changes, bottoms-up/top-down ideas, short-term patterns that may have long-term significance, etc. We believe you will find this product valuable as significant price and relative moves begin in the daily charts.

ANET ARISTA NETWORKS INC.
WBA WALGREENS BOOTS ALLIANCE INC
TSLA TESLA INC
TGTX TG THERAPEUTICS INC.
NVCR NOVOCURE LTD.
MXL MAXLINEAR INC
DAKT DAKTRONICS INC.
CIEN CIENA CORPORATION
JOUT JOHNSON OUTDOORS INC. CLASS A
AAOI APPLIED OPTOELECTRONICS INC.
GIII G-III APPAREL GROUP LTD.
FLXS FLEXSTEEL INDUSTRIES INC.
KINS KINGSTONE COS. INC.
SENEA SENECA FOODS CORP. CL A
RH RH
REVG REV GROUP INC.
STRT STRATTEC SECURITY CORP.
RIOT RIOT BLOCKCHAIN
AVGO BROADCOM INC.
ATOM ATOMERA
TARS TARSUS PHARMACEUTICALS
UPST UPSTART HOLDINGS
NOTV INOTIV INC
MRVL MARVELL TECHNOLOGY INC
QUBT QUANTUM COMPUTING INC
REE REE AUTOMOTIVE LTD
TASK TASKUS INC
VSCO VICTORIA'S SECRET & CO
ACHR ARCHER AVIATION INC
FINW FINWISE BANCORP
STVN STEVANATO GRP SPA
CRDO CREDO TECHNOLOGY GRP HLDG LTD
RGTI RIGETTI COMPUTING INC
OPFI OPPFI INC
COHR COHERENT CORP
ATGL ALPHA TECHNOLOGY GROUP LTD
BTSG BRIGHTSPRING HEALTH SERVICES INC.
AS AMER SPORTS INC.
ALAB ASTERA LABS INC
AIRJ MONTANA TECHNOLOGIES CORP
BKKT BAKKT HOLDINGS INC.
GRALV GRAIL INC.
RDDT REDDIT INC
SERV SERVE ROBOTICS INC
CDTX CIDARA THERAPEUTICS INC.
AMPL AMPLITUDE INC
LGCY LEGACY EDUCATION INC.
CCB CHASE CAPITAL VIII CAP SEC H 8.25%
12/16/24 December 16, 2024 1 EN

ResearchPool Subscriptions

Get the most out of your insights

Get in touch