Announced April 19, the transaction is expected to close by the end of the third quarter of calendar year 2021, subject to customary approval of closing conditions. The acquisition combines two of the top 5 contract furniture makers in North America.
Workplace furniture giant Knoll - number 12 on the FDMC 300 - is undertaking a three-step relocation effort throughout Michigan and Pennsylvania.
Workplace furniture giant Knoll has announced plans to lay off 200 employees and close five of its U.S. showrooms in an effort to cut costs.
EAST GREENVILLE, Penn. - Furniture giant Knoll Inc. said it will cut 275 jobs in order to further reduce operating expenses as it deals with "economic challenges and uncertainty resulting from the COVID-19 pandemic and its impact on the company's business." The location of the job cuts was not disclosed but should be complete by the end of the third quarter. The move is expected to result in annualized savings of approximately $24 million. The announcement was included in Knoll's May 20 SEC filings.
EAST GREENVILLE, Pa. – Knoll Inc. announced it will close the Grand Rapids facility as part of its efforts to consolidate and optimize its manufacturing footprint in North America. More than 200 jobs, approximately 180 hourly and 30 salaried positions, will be impacted.
Office furniture giant Knoll is suing one of its UK-based competitors for alleged patent infringement.
EAST GREENVILLE, PA - Business furnishings company Knoll, Inc. named Joseph T. Coppola as Chief Operating Officer, effective June 1.
By Bill Esler