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Virco Mfg. Corporation · Torrance, CA United States ·(NASDAQ (GM): VIRC)

Company Description

2027 Harpers Way
Torrance, CA
90501
United States (Map)
Phone: 310-533-0474
Fax: 310-533-6814
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    Have childhood memories of metal-legged folding tables, upholstered auditorium seats, or molded plastic chairs with attached wooden desks designed mostly for right-handers? Thank Virco Mfg. for the memories. The company makes a broad range of furniture for the education market, including student and teacher desks, chairs, tables, computer furniture, mobile tables with combined seating for cafeterias, and rolling storage cabinets. It also offers delivery and installation services. In addition to schools -- from elementary through postsecondary -- Virco's customers include hotels, government agencies, churches, and convention centers. The company was founded in 1950. To read the full description, subscribe now.
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    Key Virco Mfg. Corporation Financials

    Company TypePublic - NASDAQ (GM): VIRC

    Headquarters
    Fiscal Year-EndJanuary
    2009 Sales (mil.)$212.0
    2009 Employees1,100

    Virco Mfg. Corporation Executives

    59 executives listed for Virco Mfg. Corporation's Torrance, CA location.
    TitleName & BioContact
    Chairman, President, and CEORobert VirtueNetwork
    VP Finance, Secretary, and TreasurerRobert DoseNetwork
    EVP and DirectorDouglas VirtueNetwork

    Competition

    Competitive Landscape for Virco Mfg. Corporation
    The volume of home furniture sold depends heavily on the level of home sales, while office furniture sales depend on the health of the US economy. The profitability of individual companies is closely linked to volume, since many costs are fixed. Small companies can compete effectively if they produce specialty items or high-quality workmanship that can sell for a premium price. Imports are a major competitive factor, totaling more than $26 billion a year, and many US manufacturers have factories overseas, where labor and production costs are lower than in the US. Foreign competition and production overcapacity have combined to keep prices low. Additionally, despite automation, the made-to-order nature of much of the business means that the industry is fairly labor-intensive: average annual revenue per worker is around $250,000. To read the full description, subscribe now.
    Top Virco Mfg. Corporation Competitors
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