Kewaunee Scientific Corporation engages in design, manufacture, and installation of laboratory, healthcare, and technical furniture and infrastructure products. The company products include steel and wood casework, fume hoods, adaptable modular systems, moveable workstations, stand-alone benches, biological safety cabinets, and epoxy resin work surfaces and sinks.
The company products are sold primarily through purchase orders and contracts submitted by customers through its dealers, its subsid...
Kewaunee Scientific Corporation engages in design, manufacture, and installation of laboratory, healthcare, and technical furniture and infrastructure products. The company products include steel and wood casework, fume hoods, adaptable modular systems, moveable workstations, stand-alone benches, biological safety cabinets, and epoxy resin work surfaces and sinks.
The company products are sold primarily through purchase orders and contracts submitted by customers through its dealers, its subsidiaries in Singapore and India, and a national distributor. Products are sold principally to pharmaceutical, biotechnology, industrial, chemical and commercial research laboratories, educational institutions, healthcare institutions, governmental entities, and manufacturing facilities.
The primary raw materials and products manufactured by others and used by the company in its products are cold-rolled carbon and stainless steel, hardwood lumber and plywood, paint, chemicals, resins, hardware, plumbing and electrical fittings.
Segments
The company operates through two business segments, Domestic and International.
The Domestic business segment principally designs, manufactures, and installs scientific and technical furniture, including steel and wood laboratory cabinetry, fume hoods, casework, flexible systems, worksurfaces, workstations, workbenches, and computer enclosures.
The International business segment, which consists of the foreign subsidiaries, provides the company's products and services, including facility design, detailed engineering, construction, and project management from the planning stage through testing and commissioning of laboratories.
Research and Development
The amount spent and expensed by the company on research and development activities related to new or redesigned products was $920,000 during the year ended April 30, 2024.
Seasonality
The company’s business is not generally cyclical, although domestic sales are sometimes lower during its third quarter (year ended April 2024) because of slower construction activity in certain areas of the country during the winter months.
History
Kewaunee Scientific Corporation was founded in 1906. The company was incorporated in Michigan in 1941, became publicly held in 1968, and was reincorporated in Delaware in 1970.