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Company Description

Contact Info

901 44th Street SE

Grand Rapids, MI 49508

United States

Phone: 616-247-2710


Steelcase Inc. provides an integrated portfolio of furniture settings, user-centered technologies and interior architectural products across a range of price points. Offerings The company offers a comprehensive portfolio of solutions that support the social, economic and sustainability needs of people through its family of brands that include Steelcase, Coalesse, Designtex, PolyVision and Turnstone. Its furniture portfolio includes panel-based and freestanding furniture systems and complementary products, such as storage, tables and ergonomic worktools. The company’s seating products include task chairs, which are highly ergonomic, seating that could be used in collaborative or casual settings and specialty seating for specific vertical markets, such as healthcare and education. Its technology solutions support group collaboration by integrating furniture and technology. The company’s interior architectural products include full and partial height walls and doors. It also offers services designed to reduce costs and improve the performance of people, wherever they work. Among these services are workplace strategy consulting, lease origination services, furniture and asset management and hosted spaces. Steelcase The Steelcase brand's core customers are primary organizations, such as corporations, healthcare organizations, colleges/universities and government entities. Steelcase sub-brands include Steelcase Health, which is focused on creating healthcare environments that enable empathy, empowerment and connection for patients, care partners, and providers engaged in the healthcare experience; and Steelcase Education, which is focused on helping schools, colleges and universities create active learning environments to meet the needs of students and educators. Coalesse Coalesse offers a collection of furnishings that expresses a new freedom at work. It is part of the growing crossover and ancillary 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 increasing. Designtex Designtex offers applied surface solutions that improve environments and is a resource for applied surface knowledge, innovation and sustainability. Designtex products are premium fabrics and surface materials designed to improve seating, walls, work stations and floors and could provide privacy, way-finding, motivation, communications and artistic expression. PolyVision PolyVision is the supplier of ceramic steel surfaces for use in educational institutions and architectural panels or special applications for commercial or infrastructure applications. Turnstone Turnstone was created based on the belief that the world needs more entrepreneurs and small businesses and that great spaces to work could help that happen. Turnstone makes it easier for these companies to create insight-led places to work through its dealer channel or using Web-based tools. Segments The company operates on a worldwide basis within its Americas and EMEA segments, as well as an ‘Other’ category. Americas This segment serves customers in the United States (U.S.), Canada, the Caribbean Islands 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, and Turnstone brands. The company serves Americas customers mainly through approximately 400 independent and company-owned dealer locations, and also sells directly to end-use customers. The company’s end-use customers tend to be larger multinational, regional or local companies and are distributed across a range of industries and vertical markets, including healthcare, financial services, manufacturing, higher education, insurance and information technology. Each of the company’s dealers maintains its own sales force which is complemented by its sales representatives who work closely with its dealers throughout the selling process. Competition: The company’s primary competit

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Price/Earnings 9.8x
Price/Sales 0.5x
Price/Book 2.1x
Price/Cash Flow 9.4x
TEV/Sales 0.4x

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