Steelcase Inc

Overview

Steelcase Inc (Steelcase) is an office furniture provider that manufactures and sells furnishing products for workplace. The company’s product portfolio comprises furniture systems and seating, decks and tables, storage furniture, space division, collaboration technology, scheduling systems, workplace optimization and analytics and ergonomic work tools across a range of price points. It also offers services such as workplace strategy consulting, product design and innovation services, lease origination services, and furniture and asset management. The company markets products under Steelcase, Coalesse, Turnstone, Designtex, Smith System, Orangebox and AMQ brands. It has business presence across North America, Europe and Asia-Pacific. Steelcase is headquartered in Grand Rapids, Michigan, the US.
Key Stats
Address
901 44th St SE, GRAND RAPIDS, Michigan
Headquarters

United States of America

Contact

1 616 2472710

No of Employees

11,100

Industry

Construction

Ticker Symbol & Exchange​

SCS [NYSE]

Revenue (2021)

$2,596 m

-30.3% (2021 vs 2020)
Net Income (2021)

$26 m

-87% (2021 vs 2020)
Net Profit Margin

1 %

-81.2% (2021 vs 2020)
Market Cap *

$1,554 m

EPS *

$0.2

  *Note: Ratios based on the share price as of 8-September-2021, in absolute numbers and US$.

Peer Comparison

Key Parameters Steelcase IncHerman Miller IncHNI CorpKnoll Inc
Key Information
Headquarters United States of America United States of America United States of America United States of America
Headquarter City GRAND RAPIDS Zeeland MUSCATINE EAST GREENVILLE
Headquarter State/Province Michigan Michigan - Pennsylvania
No. of Employees 11,100 7,600 7,500 3,082
Entity Type Public Public Public Public

Products & Services

Steelcase is a provider of workplace products, furnishings and related services. Key products, services and brands offered by the company include:

Products
  • Chairs
  • Tables
  • Storage
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Services
  • Consulting
  • Workplace Surveys
  • Financial Services
  • Etiam Rutrum Elit
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Brands
  • Steelcase
  • Turnstone
  • Coalesse
  • Rutrum Elit
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Key Financial Charts
Sales Growth
Operating Margin
Net Income Growth
EPS (Earnings per Share)
Debt to Equity Ratio
Return on Assets

Employees

Name Position Board Since Age Biography
Lizbeth S. O’Shaughnessy Secretary; General Counsel; Senior Vice President; Chief Administrative Officer Senior Management 2014 58 Ms. Lizbeth S. O’Shaughnessy has been the Chief Administrative Officer, Senior Vice President, General Counsel and the Secretary of the...
James P. Keane President; Director; Chief Executive Officer Executive Board 2014 60 Mr. James P. Keane has been the Chief Executive Officer, President and the Director of Steelcase Inc. since 2014. Previously,...
David C. Sylvester Senior Vice President; Chief Financial Officer Senior Management 2011 55 Mr. David C. Sylvester has been the Chief Financial Officer and the Senior Vice President of the company since 2011....
Robert C. Pew III Chairman Executive Board 2003 - Mr. Pew has been the Chairman of the company since 2003 . He has been a Director of the company...
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History

Year Event Description
2021 Contracts/Agreements In August, the company entered into an exclusive agreement with Kontrol Technologies Corp to offer…
2020 Divestiture In February, the company divested its stake in PolyVision to Industrial Opportunity Partners.
2020 Contracts/Agreements In May, the company collaborated with Dr. Lydia Bourouiba of the Bourouiba Research Group at…
2020 Quis autem vel Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam
2019 Quis autem vel Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam
2018 Quis autem vel Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam

Locations


Steelcase S.A.

Address

21 Blvd Jules Ferry, Paris
France

Telephone

33 149 29 61 61

Steelcase Manufacturing (Malaysia) Sdn Bhd

Address

Level 21, Suite 21.01, The Gardens South Tower, MID VALLEY, LINGKARAN SYED PUTRA, Kuala Lumpur
Malaysia

Telephone

60 322831469

Website

www.steelcase.com/countries/malaysia
PolyVision Corporation

Address

Suite 325, 3970 Johns Creek Court, Suwanee
United States of America

Telephone

1 678 5423078

Website

www.polyvision.com
Orangebox Group Limited

Address

3 E Road, Mid Glamorgan, Hengoed
United Kingdom

Telephone

44 - 1443816604

Website

orangebox.com

Deals

Number of Deals
Deal Value (US$ m)

Latest Deals

Announced Date Headline Deal Type Acquirers / Investors / Surviving Entity Issuer / partner / Target
24 Feb 2020 Industrial Opportunity Partners Acquires PolyVision Private Equity Industrial Opportunity Partners, LLC PolyVision Corporation
16 Jan 2019 Steelcase Raises USD450 Million in Public Offering of 5.125% Senior Notes Due 2029 Debt Offering Steelcase Inc
20 Sep 2018 Steelcase Acquires 100% Stake in Orangebox Acquisition Steelcase Inc Orangebox Group Limited
08 Jun 2018 Lorem ipsum dolor sit amet, consectetur adipiscing elit Eiusmod Tempor Exercitation cillum velit
28 Nov 2017 Lorem ipsum dolor sit amet, consectetur adipiscing elit Eiusmod Tempor Exercitation cillum velit
30 Oct 2014 Lorem ipsum dolor sit amet, consectetur adipiscing elit Eiusmod Tempor Exercitation cillum velit

Jobs Overview

2

Active Jobs

19

Posted

17

Closed

Job Trends

Latest Jobs

Job title Company Country
SENIOR BUSINESS ANALYST, TAX Steelcase Inc United States
SENIOR BUSINESS ANALYST, ACCOUNTING Steelcase Inc United States
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Cras Malesuada Dolor nisi Lorem minim amet cillum elit. Cursus Sed Pulvinar
Cras Malesuada Dolor nisi Lorem minim amet cillum elit. Cursus Sed Pulvinar
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