Goebel of North America Supports Goebel Germany Restructuring Effort
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PENNINGTON, N.J., June 18 /PRNewswire/ -- Goebel Germany has recently announced that it will discontinue production of M.I. Hummel figurines and focus its resources on the company's home accessory brands. "Goebel of North America (GNA) is committed in its support of Goebel Germany as they embark on the recently announced production restructuring. Despite current global economic pressures, GNA's business has remained stable and we are confident in the outlook for the second half of 2008. GNA will collaborate with Goebel Germany to implement a strategic plan that will best serve the North American market and all its stakeholders. We remain confident that the M.I. Hummel brand will emerge from this restructuring significantly stronger," said Goebel of North America President Philip Ferrigno. Goebel is best known as the creator of M.I. Hummel figurines, renowned collectible works of art depicting Bavarian country children. The firm creates other fine giftware and collectible lines including Goebel Gifts, Artis Orbis, and Rosina Wachtmeister Cats. Goebel of North America is located at Goebel Plaza, 73 Route 31 North, Pennington, NJ 08534. For more information on M.I. Hummel or Goebel products, call 1-800-666-2582; or visit www.mihummel.com . SOURCE Goebel of North America Carrie Kulak of Goebel of North America, +1-800-666-2582