International Interior Design Association

Teknion Restructure and Announces Management Changes

1.14.08| Teknion Corporation of Canada was very busy during 2007, and appears to have achieve several successes. But few of these have been apparent in its stock price. Now, it is undergoing a restructuring, of which the details remain sketchy, but the general outlines are now being disclosed.

At the end of last week, Teknion announced that Frank Delfino, Senior Vice President and most recently, President, of Canadian and International Markets, was appointed to the newly created position of President, Worldwide Markets. Simultaneously, Teknion announced that Stephen L. Silver, President of Teknion LLC (Teknion's U.S. business operation) has resigned.


Furniture Brands International to Divest HBF

10.22.07 | HBF and HBF Textile’s parent company Furniture Brands International last week announced its intent to divest the two companies. The company has retained Wachovia Securities to assist in the process.

IA Interior Architects Acquires Wolcott Architecture Interiors

3.26.07 | David Mourning is a swell fellow and ostensibly an easy-going guy, but in fact he is always rummaging around in his mind to find new ways to expand the reach and capabilities of the firm he founded in 1984, IA Interior Architects. Now, when firms everywhere are searching desperately for people to handle the plentiful work, and when firms are elbowing for position to gain the enticing projects in the resurgent Los Angeles and Southern California market, Mr. Mourning has again severed the Gordian knot, announcing that IA Interior Architects (IA) has signed a letter of intent to acquire the Los Angeles-based firm of Wolcott Architecture-Interiors, said to be the strongest independent design firm in Southern California. The closing of the merger is expected to take place in 60 to 90 days, but the two firms have already begun integration and the pursuit of joint marketing opportunities. 
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