Last $16.79 USD
Change Today -0.36 / -2.10%
Volume 531.6K
As of 8:04 PM 04/17/14 All times are local (Market data is delayed by at least 15 minutes).
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Company Description

Contact Info

901 44th Street SE

Grand Rapids, MI 49508

United States

Phone: 616-247-2710

Fax:

Steelcase Inc. designs and manufactures architecture, furniture, and technology products, such as office chairs, desks, storage, and space divisions. The company offers its products and services to customers worldwide. Segments The company’s segments include Americas, EMEA, and Other. Americas This segment serves customers in the United States (U.S.), Canada, and Latin America. The company’s portfolio of integrated architecture, furniture, and technology products is marketed to corporate, government, healthcare, education, and retail customers through the Steelcase, Coalesse, Details, Nurture by Steelcase, and Turnstone brands. The company serves Americas customers primarily through approximately 230 independent and company-owned dealers. It also sells directly to end-use customers. The company’s end-use customers are distributed across a range of industries and vertical markets, including healthcare, government, financial services, higher education, and technology. Competition The company’s major competitors in the U.S. include Haworth, Inc.; Herman Miller, Inc.; HNI Corporation; Kimball International Inc.; and Knoll, Inc. EMEA This segment serves customers in Europe, the Middle East, and Africa primarily under the Steelcase and Coalesse brands, with an emphasis on freestanding furniture systems, storage, and seating solutions. The company’s major presence is in Western Europe, where it has the primary market share in Germany, France, and Spain. The company serves EMEA customers through approximately 400 independent and company-owned dealers. In certain geographic markets, it sells directly to end-use customers. The company’s end-use customers include multinational, regional, or local companies spread across a range of industries and vertical markets, including financial services, government, and technology. Other This segment includes the Asia Pacific, Designtex, and PolyVision. The Asia Pacific serves customers in the People’s Republic of China (including Hong Kong), India, Japan, Australia, and other countries in Southeast Asia, primarily under the Steelcase brand with an emphasis on furniture systems and seating solutions. The company sells directly and through approximately 40 independent and company-owned dealers to end-use customers. Its end-use customers are multinational or regional companies spread across a range of industries and are located in both established and emerging markets. Designtex primarily sells textiles and wall covering products specified by architects and designers directly to end-use customers through a direct sales force primarily in North America. PolyVision manufactures ceramic steel surfaces for use in multiple applications, and primarily for sale to third-party fabricators to create static whiteboards sold in the primary and secondary education markets in the U.S. and Europe. Offerings The company’s brands provide an integrated portfolio of furniture settings, user-centered technologies, and interior architectural products across a range of price points. Its furniture portfolio includes panel-based and freestanding furniture systems, and complementary products, such as storage, tables, and ergonomic worktools. Its seating products include chairs, which are ergonomic, seating that could be used in collaborative or casual settings and specialty seating for specific vertical markets, such as healthcare and education. The company’s interior architectural products include full and partial height walls and doors. These services include workplace strategy consulting, lease origination services, furniture and asset management and hosted spaces. Steelcase: The Steelcase brand's core customers include major organizations (such as corporations, healthcare organizations, colleges/universities, and government entities). Steelcase sub-brands include Details, which researches, designs, and markets worktools, personal lighting and furniture that provide healthy and productive connections between people, their technology, their workplaces, and their work; and Nurture by Steelcase, which is focused on healthcare environments that could help make patients comfortable, caregivers efficient and partners in care receptive to healthcare delivery. Coalesse: Coalesse is a brand of furnishings that expresses the new freedom of work. It is part of the improving crossover market — homes and offices, meeting rooms and social spaces, private retreats, and public places — and is addressing the fluid intersections of work and life where boundaries are collapsing and creativity is roaming. Turnstone: Turnstone is created based on the belief that the world needs entrepreneurs and small businesses. Turnstone makes these companies to create insight-led places to work using Web-based tools or through the company’s dealer channel. Strategy The company’s growth strategy is to utilize its deep understanding of the patterns of work, worker, and workplaces to help its existing customers migrate to new ways of working and to improve its business into new customer markets and geographies. Research, Design, and Development The company invested $36.0 in research, design, and development activities in 2013. Intellectual Property The company’s trademarks include Steelcase, Coalesse, Details, Designtex, Nurture by Steelcase, PolyVision, and Turnstone. History Steelcase Inc. was founded in 1912.

 

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