Declaration of Voting Results by Flexsteel Industries
December 19, 2023 at 04:08 pm EST
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On December 19, 2023, Flexsteel Industries Inc announced that it held its 2023 annual meeting of shareholders on December 13, 2023 and declared the voting results. As there has been no further engagement between Global Value Investment Corp and Flexsteel Industries Inc, consequently, the campaign is deemed to be withdrawn.
Flexsteel Industries, Inc. is a manufacturer, importer, and marketer of residential furniture products in the United States. The Companyâs furniture products business involves the distribution of manufactured and imported products consisting of a broad line of furniture for the residential market. The Companyâs product offerings include a variety of furniture, such as sofas, loveseats, chairs, reclining rocking chairs, swivel rockers, sofa beds, convertible bedding units, occasional tables, desks, dining tables and chairs, kitchen storage, bedroom furniture, and outdoor furniture. The Company distributes its products throughout the United States through its e-commerce channel and direct sales force. The Company operates manufacturing facilities located in Dublin, Georgia, and Juarez, Mexico. The Company utilizes various types of wood, fabric, leather, filling material, high carbon spring steel, bar and wire stock, polyurethane foam and other raw materials in manufacturing furniture.