Kewaunee Scientific Corporation engages in the design, manufacture, and installation of laboratory, healthcare, and technical furniture products. Products The company’s laboratory furniture products include both steel and wood cabinetry, fume hoods, adaptable modular systems, moveable workstations, biological safety cabinets, and epoxy resin worksurfaces and sinks. Healthcare furniture products include laminate casework, carts, storage systems, and related products for healthcare applications. Technical furniture products include column systems, slotted-post systems, pedestal systems, and stand-alone benches. 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 it 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, manufacturing facilities, and users of networking furniture. Seasonality The company’s sales are sometimes lower during its third quarter (year ending April 30, 2015) 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, 2015, on research and development activities related to new or redesigned products was $936,000. History Kewaunee Scientific Corporation was founded in 1906. The company was incorporated in Michigan in 1941.
kewaunee scientific cp (KEQU:NASDAQ GM)
2700 West Front Street
Statesville, NC 28677
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