Virco Manufacturing Corporation - Common Stock (VIRC)
Frequently Asked Questions About Virco Manufacturing Corporation - Common Stock (VIRC)
Does Virco have a global presence?
While Virco primarily operates in North America, it does have an international presence through partnerships and exports. The company continues to explore opportunities to expand its reach into new global markets where there is demand for high-quality educational furniture.
Does Virco offer custom furniture solutions?
Yes, Virco offers custom furniture solutions tailored to the specific needs of its clients. The company works closely with schools and institutions to design furniture that addresses unique requirements, ensuring that functionality and aesthetics are aligned with the vision of the learning environment.
How can customers purchase products from Virco?
Customers can purchase products from Virco through various channels, including direct sales representatives, the company's website, and authorized dealers. The accessible purchasing options ensure that schools and institutions can easily acquire the furniture solutions they need.
How can I learn more about Virco?
To learn more about Virco Manufacturing Corporation, you can visit their official website, where you will find information about their products, company history, sustainability efforts, and latest news. Additionally, potential clients and stakeholders can contact the company directly for more detailed inquiries.
How does Virco innovate its product line?
Virco continuously innovates its product line by investing in research and development. The company actively gathers feedback from educators and stakeholders to design modern furniture that accommodates contemporary teaching methods and classroom layouts, ensuring that their offerings remain relevant and effective.
How does Virco prioritize employee welfare?
Virco prioritizes employee welfare by offering a supportive work environment, competitive compensation, and opportunities for professional development. The company believes that employee well-being is crucial for productivity and innovation, which in turn benefits their customers and business success.
How does Virco support local communities?
Virco supports local communities through various initiatives, including sponsoring educational programs, donating furniture to schools in need, and participating in community events. The company recognizes the importance of strong community ties and strives to make a positive impact wherever it operates.
Is Virco publicly traded?
Yes, Virco Manufacturing Corporation is publicly traded on the NASDAQ stock exchange under the ticker symbol VIRC. This allows investors to buy and sell shares of the company, providing them with an opportunity to participate in Virco's growth and success.
What are some recent initiatives by Virco?
Recently, Virco has embarked on initiatives to modernize its product offerings and expand its market reach. This includes launching new furniture lines that promote flexible learning spaces, enhancing online ordering capabilities, and participating in educational conferences to showcase their innovations.
What are Virco's financial highlights?
Virco's financial highlights typically include metrics such as revenue growth, profitability, and market share within the educational furniture sector. The company regularly reports its financial performance to shareholders and stakeholders, reflecting its operational efficiency and commitment to profitable growth.
What are Virco's main products?
The main products of Virco include a diverse portfolio of educational furniture such as desks, chairs, collaborative seating, classroom tables, and even specialized items designed for specific learning environments. Their products are aimed at enhancing functionality and comfort in educational settings.
What awards has Virco received?
Virco has received numerous awards for its commitment to quality, innovation, and customer service within the educational furniture industry. These accolades reflect the company's excellence in manufacturing and its positive impact on the education sector.
What does Virco Manufacturing Corporation do?
Virco Manufacturing Corporation is a leading manufacturer of furniture and equipment specifically designed for educational institutions. The company produces a wide range of products, including desks, chairs, tables, and other classroom furniture that aim to enhance the learning environment for students and educators.
What is Virco's approach to sustainability?
Virco is committed to sustainable manufacturing practices and incorporates eco-friendly materials and processes into its production. The company emphasizes reducing waste, using recyclable materials, and ensuring that its products have a long lifespan, reflecting its dedication to environmental responsibility.
What is Virco's warranty policy?
Virco offers a warranty on its products that typically covers manufacturing defects and ensures customer satisfaction. Specific warranty terms may vary by product line, but the company stands behind its products by providing support and service to address any issues.
What markets does Virco serve beyond education?
While Virco primarily serves the education sector, it also provides furniture solutions for various markets, including commercial and government sectors. The versatility of their products allows them to cater to a wide range of environments, such as libraries, offices, and community centers.
What role does technology play in Virco's operations?
Technology plays a significant role in Virco's operations, from design and manufacturing to inventory management and customer service. The company leverages advanced manufacturing techniques and software solutions to optimize production processes and enhance customer engagement.
When was Virco founded?
Virco Manufacturing Corporation was founded in 1950, establishing itself as a pioneer in the classroom furniture industry. Over the decades, the company has expanded its product line and adapted to the changing needs of educational environments.
Where is Virco headquartered?
Virco Manufacturing Corporation is headquartered in Torrance, California. The location serves as the central hub for its operations, design, and manufacturing processes, ensuring that they can efficiently serve their customers across North America.
Who are Virco's primary customers?
Virco's primary customers include schools, school districts, colleges, universities, and other educational organizations. Their products are designed to meet the needs of both K-12 institutions and higher education settings, as well as other public buildings that require furniture solutions.
What is the current price of Virco Manufacturing Corporation - Common Stock?
The current price of Virco Manufacturing Corporation - Common Stock is 9.100
When was Virco Manufacturing Corporation - Common Stock last traded?
The last trade of Virco Manufacturing Corporation - Common Stock was at 4:00 pm EDT on April 4th, 2025
What is the market capitalization of Virco Manufacturing Corporation - Common Stock?
The market capitalization of Virco Manufacturing Corporation - Common Stock is 144.86M
How many shares of Virco Manufacturing Corporation - Common Stock are outstanding?
Virco Manufacturing Corporation - Common Stock has 15.92M shares outstanding.