GRAND RAPIDS, Mich. - Steelcase Inc. has been recognized as one of FORTUNE magazine's 2012 "Most Admired Companies" in the Home Equipment, Furnishings industry sector. Steelcase is ranked sixth overall in this sector, and is joined by notable and global brands such as Whirlpool, Tupperware Brands and Electrolux among others.

As part of Steelcase's ranking, its highest scores in the survey came in the innovation, people management, quality of products and services, and long-term investment categories. In the past year, Steelcase has received recognition in these categories including: Information Week 500 for technology innovation; American Society for Training and Development's BEST Awards for employee development; Inforum Board Access(TM) Award for women in leadership; and iF Design Awards and Edison Awards for product design and innovation.

"Steelcase is humbled to be among FORTUNE magazine's 'Most Admired Companies' and to join such a well-respected group of industry leaders in the sector," said James P. Hackett, president and CEO of Steelcase Inc. "This is a significant point of pride for everyone at Steelcase, particularly as we're embarking on our centennial anniversary this year. We're committed to building a strong, globally-integrated business and our strategic focus will remain on the future -- the changing nature of work and the role of space as a strategic asset within organizations."

FORTUNE's rankings are published each year and reflect the observations and opinions of executives who rate their peers and competitors on nine different aspects. These aspects include innovation, people management, use of corporate assets, social responsibility, quality of management, long-term investment, financial soundness, quality of products and services, and global competitiveness. More information on the World's Most Admired Companies can be found at Fortune.com.

Source: Steelcase Inc.