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Stock impact report

Coronavirus Update: Knoll Pennsylvania Manufacturing Site to Temporarily Suspend Production

Knoll, Inc (KNL) 
Last knoll, inc earnings: 10/23 04:15 pm Check Earnings Report
US:NYSE Investor Relations: phx.corporate-ir.net/4geq.url
Company Research Source: GlobeNewswire
EAST GREENVILLE, Pa., March 20, 2020 (GLOBE NEWSWIRE) -- Knoll, Inc. (NYSE: KNL), a constellation of design-driven brands for the workplace and home, announced today that effective at midnight the Company is temporarily suspending production of certain workplace products at its East Greenville, Pennsylvania manufacturing site. This action complies with the March 19 executive order of the Governor of Pennsylvania to shut down non-life sustaining government offices and businesses to halt the spread of COVID-19. The East Greenville site employs approximately 350 hourly associates. The Company’s warehouse and distribution centers, including KnollTextiles, are not impacted by the Governor’s order; increased health and safety measures will be in place at these locations, including temperature checks. The Company said that it is working to seek a waiver to the production halt as it provides workplace products to the United States government and healthcare organizations. Andrew Cogan, Kn Show less Read more
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