Virco Mfg. Corporation · Torrance, CA United States ·(NASDAQ (GM): VIRC)
Company Description
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This link will open in a new window 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 Type | Public - NASDAQ (GM): VIRC Headquarters |
| Fiscal Year-End | January |
| 2009 Sales (mil.) | $212.0 |
| 2009 Employees | 1,100 |
Virco Mfg. Corporation Executives
59 executives listed for Virco Mfg. Corporation's Torrance, CA location.
| Title | Name & Bio | Contact |
| Chairman, President, and CEO | Robert Virtue | Network |
| VP Finance, Secretary, and Treasurer | Robert Dose | Network |
| EVP and Director | Douglas Virtue | Network |
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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