Steinway Musical Instruments, Inc. · Waltham, MA United States ·(NYSE: LVB)
Company Description
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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 Type | Public - NYSE: LVB Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $387.4 |
| 2008 Employees | 2,007 |
Steinway Musical Instruments, Inc. Executives
16 executives listed for Steinway Musical Instruments, Inc.'s Waltham, MA location.
| Title | Name & Bio | Contact |
| Chairman | Kyle Kirkland | Network |
| CEO and Director | Dana Messina | Network |
| SEVP, CFO, and General Counsel, and Assistant Secretary | Dennis Hanson | Network |
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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