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Steinway Musical Instruments, Inc. · Waltham, MA United States ·(NYSE: LVB)

Company Description

800 South St. Ste. 305
Waltham, MA
02453
United States (Map)
Phone: 781-894-9770
Fax: 781-894-9803
    Steinway Musical Instruments is like the right-hand side of a keyboard: high-end. One of the world's top makers of musical instruments for more than 150 years, Steinway manufactures handcrafted concert grand pianos that have been played by the world's premier musicians. The firm also sells less expensive pianos and band and orchestral instruments. Steinway's Conn-Selmer subsidiary is the #1 manufacturer of band instruments in the US. Its products include Bach trumpets and trombones, as well as Ludwig drums. Steinway sells its products through about 220 independent dealers, as well as four company-run showrooms located in the US and five in Europe. Steinway bought ArkivMusic in May 2008. To read the full description, subscribe now.
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    Key Steinway Musical Instruments, Inc. Financials

    Company TypePublic - NYSE: LVB

    Headquarters
    Fiscal Year-EndDecember
    2008 Sales (mil.)$387.4
    2008 Employees2,007

    Steinway Musical Instruments, Inc. Executives

    16 executives listed for Steinway Musical Instruments, Inc.'s Waltham, MA location.
    TitleName & BioContact
    ChairmanKyle KirklandNetwork
    CEO and DirectorDana MessinaNetwork
    SEVP, CFO, and General Counsel, and Assistant SecretaryDennis HansonNetwork

    Competition

    Competitive Landscape for Steinway Musical Instruments, Inc.
    Demand is largely driven by consumer income and education demographics. The profitability of individual companies depends on cost efficiencies. Many large companies benefit by offering a wide range of products. Small companies can compete effectively by specializing in high-end or niche instruments. The industry is labor-intensive: average annual revenue per employee is about $125,000. To read the full description, subscribe now.
    Top Steinway Musical Instruments, Inc. Competitors
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