VIEWS: 117 PAGES: 16 CATEGORY: Company Profiles POSTED ON: 2/25/2011
Business Review’s Haworth, Inc. contains a company overview, key facts, locations and subsidiaries, news and events as well as a SWOT analysis of the company.
Haworth, Inc. _________________________________________________________________________________ Haworth, Inc.: SWOT Analysis & Company Profile Reference code: BRCP148CP10-Q4 Published: Oct 2010 Business Review John Carpenter House 7 Carmelite Street London EC4Y 0BS United Kingdom Tel: +44 (0) 20 7936 6400 Fax: +44 (0) 20 7336 6813 ___________________________________________________________________________________________ Haworth, Inc. - SWOT Profile Page 1 Haworth, Inc. __________________________________________________________________________________________ Haworth, Inc. - Company Overview Haworth, Inc. (Haworth) is a global leader in providing office furniture and organic workspaces. The company is engaged in designing and producing office furniture and workspaces systems. Various products offered by the company include partitions, desks, chairs, tables, and storage products, raised access flooring, movable walls, modular voice and data cabling systems, systems furniture, wood and metal casegoods, files, and seating products. The company serves the contract furniture and workspace interiors markets in over 120 countries through a network of 600 dealers around the world. The company operates 20 manufacturing facilities in 10 different countries, and 60 sales offices across North America, Asia Pacific, Middle East, Latin America and Europe. The company is headquartered in Holland, Miami, the US. Financial Performance During the fiscal year 2009, Haworth reported revenues of USD 1.11 billion, a decrease of 32.73% as compared to the revenues of 2008. Haworth, Inc. - Key Facts Haworth, Inc., Key Facts One Haworth Center, Holland, Michigan (MI), 49423-9576, Ticker Symbol, Stock Corporate Address: N/A Exchange United States Telephone + 1 616 3933000 No. of Employees 7,500 Fax + 1 616 3931570 Financial Year End December URL www.haworth.com Revenue (in USD Million) 1,110.00 Industry Consumer Packaged Goods Locations China, India, France, Germany, Italy, Portugal, Spain, Switzerland, Canada, United States Source: Annual Report, Company Website, Primary and Secondary Research ___________________________________________________________________________________________ Haworth, Inc. - SWOT Profile Page 2 Haworth, Inc. __________________________________________________________________________________________ Haworth, Inc. - Business Description Haworth, Inc. (Haworth) is a privately-held company, principally engaged in designing and manufacturing office furniture and workspaces, including moveable walls, raised access floors, seating, systems furniture, storage and wood casegoods. Haworth employed 7,500 people as of 31 December, 2008. The company offers its products under four categories, namely Furniture, Architectural, Surface Collection and Featured Collection. Haworth, under the Furniture category offers desks, storage, lighting, seating, systems and tables. Further, under the Architectural category, it offers access floors, moveable walls and utilities. Similarly, under the Surface Collection category, it offers systems fabrics, seating fabrics, laminates, wall coverings, system trims, seating trims, architectural trims, and others. Under the Featured Collection category, the company provides compose benching and wood enhancements, planes height-adjustable tables, teccrete enhancements and LIM light products. Haworth principally serves two types of markets, namely, contract furniture and workspace interiors, and mid-market furniture. The company serves the contract furniture and workspace interiors markets in Europe, North America, Asia Pacific, Middle East and Latin America regions. Through its dealers, the company provides sales and service support to its customers. In the European region, it principally offers seating, furniture systems, conference solutions, public seating, and wall partitions under the brand names of Comforto, Castelli, Dyes, and Art.Collection. In the Asia Pacific, Middle East and Latin America regions, the company provides furniture systems, seating, executive offices, and conference solutions under the brand name of Haworth. In the North American region offers moveable walls, access flooring, integrated modular systems furniture, desking systems, seating, executive casegoods, freestanding wood, laminate and steel casegoods, freestanding storage products, conference solutions, electrical and cabling support systems, and lighting products under the brand name of Haworth. Further, Haworth serves mid-market furniture markets through its operating company, Groupe Lacasse. Laminate casegoods, seating, systems, lateral filing and storage, and educational furniture are the products offered by the company through Groupe Lacasse under Lacasse, Nvision and United Chair brands in the Mid-market, and North American markets. Haworth operates 20 manufacturing facilities in 10 different countries of North America, Europe and Asia Pacific regions. The company markets its products in 120 countries through a network of more than 600 dealers. It maintains research and development facilities in Germany, Italy, China, France, Canada and the US. The company operates showrooms in the US, the UK, Canada and Spain, Germany and other locations. These showrooms are located at Calgary, Chicago, Dallas, London, Los Angeles, Madrid, New York, One Haworth Center, Toronto, and Washington D.C. Recently, the company reopened its Barcelona showroom. Further, the Haworth showroom in Budapest has been relocated to Graphisoft Park, a research and business park in North Budapest. ___________________________________________________________________________________________ Haworth, Inc. - SWOT Profile Page 3 Haworth, Inc. __________________________________________________________________________________________ Haworth, Inc. - Major Products and Services Haworth, Inc. is one of the leading manufacturers of office furniture and interior architecture. The key products offered by the company include the following: Haworth, Inc., Major Products and Services Products: Walls Floors Utilities Systems Seating Lighting Desks Casegoods Storage Tables Surface Collection Partitions Interior Architecture Brands: Accolade Boogie 3D Comforto Compose Dynacom Era-1 Glacier Haworth Improv Tag JumpStuff Kinetics Kyo Leg
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