STATESVILLE, N.C., July 19, 2021 /PRNewswire/ -- Kewaunee
Scientific Corporation (NASDAQ: KEQU), a recognized global leader
in the design, manufacture, and installation of laboratory,
healthcare, and technical furniture products, is proud to announce
a strategic alliance between Schneider Electric and Kewaunee
Scientific Corporation's International division. The alliance
will focus on Kewaunee's core international markets, including
India, the Middle East, and the Pan-Asian rim.
The combined experience of Kewaunee's International Division and
Schneider Electric will offer an unparalleled value proposition for
customers who desire an integrated, turn-key solution when building
a new laboratory or modernizing an existing facility.
Investments in technology made through the partnership will result
in enhanced capabilities to assist customers as they navigate
inherent challenges in designing, constructing, and maintaining a
twenty-first century laboratory while providing solutions to meet
customers' evolving digital and sustainability goals.
"We are proud to enter into this alliance just as the pandemic
accelerates the needs of the life sciences and healthcare sectors
to reimagine and redesign the operation and functioning of smart
laboratories," says Manish Kumar
SVP, Digital Buildings, Schneider Electric. "We envision a future
where our technical expertise and Kewaunee International's prowess
in manufacturing and infrastructure will render all-encompassing
smart labs to create a more sustainable ecosystem for our
customers."
"The need for transformative solutions and practices in
diagnostics and testing have expedited the growth of the Healthcare
and Life Sciences industries," says Bhupesh
Arora, Business Head, Digital Energy, Schneider Electric
India. "Our collaboration with Kewaunee will redefine laboratories
with revolutionary technologies that can predict, analyze,
diagnose, and provide solutions at unparalleled speed and increased
efficiency in India and
globally."
"The future of laboratory infrastructure is changing, and
Kewaunee is investing and building capabilities to lead the
laboratory 4.0 solution transformations for our customers. We are
excited to partner with Schneider to provide these cutting-edge
capabilities to our customers and grow together as future-ready
companies," says B. Sathyamurthy, Vice President & Managing
Director -International Operations, Kewaunee Scientific
Corporation.
"This alliance brings together two industry leaders to provide
an unparalleled offering to customers who demand better performance
and insights from their laboratories," says Thomas D. Hull III, President & Chief
Executive Officer, Kewaunee Scientific Corporation. "I expect
demand for the products and services Kewaunee provides will
continue to increase due to a renewed focus on being prepared to
combat global health challenges as we saw during this past year.
This alliance with Schneider Electric enhances Kewaunee's position
as a market leader, increasing the value proposition we offer
customers."
Follow us on social media as we continue our journey to become
the global supplier of choice with customers in the laboratory
furniture and infrastructure markets.
-
https://www.linkedin.com/company/kewaunee-scientific-corp./posts/
- https://www.facebook.com/KewauneeLabs/
- https://www.linkedin.com/company/kewaunee
- https://www.facebook.com/kewaunee/
- https://www.twitter.com/kewaunee_tweets
About Schneider Electric
Schneider's purpose is to empower all to make the most of our
energy and resources, bridging progress and sustainability for
all. We call this Life Is On. Our mission is to be your
digital partner for Sustainability and Efficiency. We drive digital
transformation by integrating world-leading process and energy
technologies, endpoint to cloud connecting products, controls,
software, and services, across the entire lifecycle, enabling
integrated company management, for homes, buildings, data centers,
infrastructure and industries. We are the most local of global
companies. We are advocates of open standards and partnership
ecosystems that are passionate about our shared Meaningful Purpose,
Inclusive and Empowered values.
www.se.com
About Kewaunee Scientific
Founded in 1906, Kewaunee Scientific Corporation is a recognized
global leader in the design, manufacture, and installation of
laboratory, healthcare, and technical furniture products. The
Company's products include steel, wood, and laminate casework, fume
hoods, adaptable modular systems, moveable workstations,
stand-alone benches, biological safety cabinets, and epoxy resin
worksurfaces and sinks.
The Company's corporate headquarters are located in Statesville, North Carolina. Direct sales
offices are located in the United
States, India, Saudi Arabia, and Singapore. Three manufacturing facilities are
located in Statesville serving the
domestic and international markets, and one manufacturing facility
is located in Bangalore, India
serving the local and Asian markets. Kewaunee
Scientific's website is located at http://www.kewaunee.com.
This press release contains statements that the Company
believes to be "forward-looking statements" within the meaning of
the Private Securities Litigation Reform Act of 1995. All
statements other than statements of historical fact included in
this press release, including statements regarding the Company's
future financial condition, results of operations, business
operations and business prospects, are forward-looking statements.
Words such as "anticipate," "estimate," "expect," "project,"
"intend," "plan," "predict," "believe" and similar words,
expressions and variations of these words and expressions are
intended to identify forward-looking statements. Such
forward-looking statements are subject to known and unknown risks,
uncertainties, assumptions, and other important factors that could
significantly impact results or achievements expressed or implied
by such forward-looking statements. Such factors, risks,
uncertainties and assumptions include, but are not limited to:
competitive and general economic conditions and the ongoing impact
of the COVID-19 pandemic, including disruptions from government
mandates, both domestically and internationally; changes in
customer demands; technological changes in our operations or in our
industry; dependence on customers' required delivery schedules;
risks related to fluctuations in the Company's operating results
from quarter to quarter; risks related to international operations,
including foreign currency fluctuations; changes in the legal and
regulatory environment; changes in raw materials and commodity
costs; and acts of terrorism, war, governmental action, natural
disasters and other Force Majeure events. The cautionary statements
made pursuant to the Reform Act herein and elsewhere by us should
not be construed as exhaustive. We cannot always predict what
factors would cause actual results to differ materially from those
indicated by the forward-looking statements. Over time, our actual
results, performance, or achievements will likely differ from the
anticipated results, performance or achievements that are expressed
or implied by our forward-looking statements, and such difference
might be significant and harmful to our stockholders' interest.
Many important factors that could cause such a difference are
described under the caption "Risk Factors," in Item 1A of our
Annual Report on Form 10-K for the fiscal year ended April 30, 2020, which you should review
carefully, and in our subsequent quarterly reports on Form 10-Q and
current reports on Form 8-K. These reports are available on our
investor relations website at www.kewaunee.com and on the SEC
website at www.sec.gov. These forward-looking statements speak only
as of the date of this document. The Company assumes no obligation,
and expressly disclaims any obligation, to update any
forward-looking statements, whether as a result of new information,
future events or otherwise.
Contact:
|
Donald T. Gardner
III
|
|
704/871-3274
|
View original content to download
multimedia:https://www.prnewswire.com/news-releases/kewaunee-scientific-corporation-announces-strategic-alliance-with-schneider-electric-301336769.html
SOURCE Kewaunee Scientific Corporation