Profile: Virco Mfg. Corp (VIRC.OQ)

VIRC.OQ on NASDAQ Stock Exchange Global Market

2.36USD
20 Oct 2014
Price Change (% chg)

$0.01 (+0.43%)
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Virco Mfg. Corporation (Virco), incorporated on April 23, 1984, is engaged in designing, producing and distributing furniture for a diverse family of customers. . The Company manufactures an assortment of products, including mobile tables, mobile storage equipment, desks, computer furniture, chairs, activity tables, folding chairs and folding tables. Additionally, Virco has worked with designers to develop additional products for contemporary applications. These include the ZUMA and the TEXT, and Parameter furniture collections, as well as Metaphor and I.Q. Series items for educational settings; Ph.D. and Ph.D. executive seating lines; and Plateau Series.

Virco produces the broadest line of furniture for the K-12 market of any manufacturer in the United States. By supplementing products manufactured by Virco with products from other manufacturers, it provides a comprehensive product assortment that covers substantially all products and price points that are traditionally included on the FF&E line item on a new school project or school budget. Virco also provides a variety of products for preschool markets and has recently developed products that are targeted for college, university, and corporate learning center environments. The Company has an ambitious and on-going product development program featuring products developed in-house as well as products developed with accomplished designers. The Company's primary furniture lines are constructed of tubular metal legs and frames, combined with wood and plastic tops, plastic seats and backs, upholstered seats and backs, and upholstered rigid polyethylene and polypropylene shells. Virco also has flat metal forming capabilities to enable the production of desks, returns, bookcases, filing cabinets, mobile pedestals and related items.

Seating

The Company’s additions to the ZUMA line include two cantilever chairs with 13 and 15 seat heights; a tablet arm chair with a compact footprint; two rockers with 13 and 15 seat heights; and a chair with an articulating tablet arm. The ZUMAfrd collection features Fortified Recycled Wood hard plastic seats, backrests and work surfaces. ZUMAfrd products have up to 70% recycled content and are 98% recyclable. The Sage line, designed to serve students in college, university and other adult education settings, and on high school campuses. Along with its original adult-height models, Sage offers a 13 and a 15 four-leg chair, and a corresponding pair of cantilever chairs. In addition to these chairs for younger, smaller students, Virco has an articulating Sage tablet arm model for high school and adult learning venues. Selected adult-height Sage models can also be ordered with a padded, upholstered seat. The Company’s Metaphor Series, an updated sequel to Virco’s Classic Series furniture The Company’s Telos Series, a ranging product line with ergonomically contoured Fortified Recycled Wood components. Its Civitas chairs and stools are for foodservice, libraries, media centers, circulation areas and related venues; and adjustable-height versions of 120, 121 and 122 Series stools. Classic Series stack chairs and Martest 21 hard plastic seating models are choices in schools across America. Along with this range of seating, Virco offers folding chairs and upholstered stack chairs, as well as additional plastic stack chairs and upholstered ergonomic chairs.

Tables

Virco’s TEXT table collection is for learning environments. TEXT tables feature heavy-gauge tubular steel and Virco construction for extended product life, and elliptical legs, swooping yokes and arched feet. Selected TEXT models can be equipped with a variety of technology-support and storage accessories. Its Lunada tables, combining Virco’s Lunada bi-point bases with a selection of 20 top sizes, is a choices for seminar, conference and related settings. Designed for Virco, its Plateau tables bring versatility, sturdy construction and styling to working and learning environments. For durable, easy-to-use lightweight folding tables, Virco offers Core-a-Gator models. When paired with, durable Virco cafe tops, Lunada bases provide table solutions for hospitality settings. Virco also carries traditional folding and banquet tables, activity tables and office tables, as well as the computer tables and mobile tables.

Computer furniture

The Company’s TEXT table collection provides educators an array of computer furniture choices for learning environments; Virco’s Flip-Top Technology table line and the HWT Technology table collection also deliver computer furniture solutions. Its Future Access computer tables come with an integral wire management panel and all rectangular models have a smooth post-formed front and rear edge. Like its Future Access models, 8700 Series computer tables can be equipped with Virco’s functional computing accessories, such as keyboard mouse trays, central processing unit (CPU) holders and support columns for optional elevated shelves. The Plateau Office solutions collection offers desks and workstations with technology-support capabilities, while the plateau library/technology solutions line has specialty tables and other products for computing applications.

Desks/chair desks

Virco’s furniture models can be found in thousands of America’s schools. Its related products include teacher desks and tablet arm units. Selected models are available with durable, colorfast Martest 21 or Fortified Recycled Wood hard plastic components. For teachers, principals and district administrators, Virco has introduced the modern Parameter collection of desks, returns and credenzas.

Administrative office furniture

The Company, in addition to the Plateau Office Solutions and Parameter desks and related products Virco manufactures a selection of desks, returns, bookcases and other items that employ the Company’s flat metal forming capabilities; these products include 53 Series wardrobe tower cabinets, Parameter file credenzas and additional Parameter mobile pedestals. Plateau bookcases in 36 wide and 48 wide models are available for classroom settings and related educational environments as well as administrative offices.

Laboratory furniture

The Company, for biology and chemistry classes, and other school- and college-based lab settings, Virco offers a variety of steel-based science tables. Virco manufactures the table bases of these items and equips them with specialty tops purchased from vendor partners. Virco’s ZUMA, Sage, Telos , Metaphor , I.Q., Classic Series, and 3000 Series collections also include pneumatically adjustable lab stools with high-range seat-height adjustment and a steel foot-ring.

Mobile furniture

The Company offers an array product in Mobile furniture section. The Company’s product line includes mobile chairs for school settings and offices.

Storage equipment

For moving selected Virco chairs and folding tables, the Company carries a range of handling and storage equipment. As a service to its convention center, arena, and auditorium customers, Virco also manufactures stackable storage trucks that work with Virco upholstered stack chairs, folding chairs and folding tables.

The Company competes with Sagus International LLC, KI Inc., Royal, Bretford, Smith System, Columbia, Scholarcraft, VS America, School Specialty, Falcon Products, Inc., MTS and Mity Enterprises, Inc.

Company Address

Virco Mfg. Corp

2027 Harpers Way
TORRANCE   CA   90501
P: +1310.5330474
F: +1302.6555049

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