Announced Oct. 27, Steelcase's $35 million (£30 million) purchase includes Viccarbe's outstanding capital stock. The contract furniture giant has had a partnership with Viccarbe for more than 10 years.
Sara Armbruster took on every leadership opportunity that came her way at Steelcase before her promotion to president and CEO this month, and she expects to draw on that well-rounded experience as she guides the company into its next era.
After 35 years of tracking the biggest companies in the woodworking industry, the FDMC 300 highlights leaders in cabinets, millwork, furniture, millwork, doors and windows.