Kewaunee Scientific Corporation engages in the design, manufacture, and installation of laboratory, healthcare, and technical furniture products. Segments The company’s operations are classified into two business segments: Domestic and International. The Domestic business segment principally designs, manufactures, and installs scientific and technical furniture, including steel and wood laboratory cabinetry, fume hoods, laminate casework, flexible systems, worksurfaces, workstations, workbenches, and computer enclosures. The International business segment, which consists of five foreign subsidiaries, provides the company’s products and services, including facility design, detailed engineering, construction, and project management from the planning stage through testing and commissioning of laboratories. Customers The company’s products are sold primarily through purchase orders and contracts submitted by customers through its dealers and commissioned agents and a national distributor, as well as through competitive bids submitted by the company and its subsidiaries in Singapore, India and China. Products are sold principally to pharmaceutical, biotechnology, industrial, chemical and commercial research laboratories, educational institutions, healthcare institutions, governmental entities, and manufacturing facilities. Seasonality The company’s sales are sometimes lower during its third quarter (year ending April 30, 2016) because of slower construction activity in certain areas of the country during the winter months. Research and Development The amount spent and expensed by the company during the fiscal year ended April 30, 2016, on research and development activities related to new or redesigned products was $1,167,000. History Kewaunee Scientific Corporation was founded in 1906. The company was incorporated in Michigan in 1941.
kewaunee scientific cp
(KEQU:Consolidated Issue listed on NASDAQ Global Market)
2700 West Front Street
Statesville, NC 28677
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