UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549

                                  FORM 10-Q / A

              [X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d)
                     OF THE SECURITIES EXCHANGE ACT OF 1934

                  For the Quarterly Period Ended March 31, 1998

                                       OR

              [ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d)
                     OF THE SECURITIES EXCHANGE ACT OF 1934


   For the Transition Period From ____________________To ____________________

                         Commission File Number 2-18868

                       KNAPE & VOGT MANUFACTURING COMPANY
             (Exact name of registrant as specified in its charter)

           Michigan                                      38-0722920
    (State of Incorporation)                  (IRS Employer Identification No.)

              2700 Oak Industrial Drive, NE
                Grand Rapids, Michigan                      49505
       (Address of principal executive offices)           (Zip Code)

                                 (616) 459-3311
                               (Telephone Number)

Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the  preceding 12 months (or for such  shorter  period that the  registrant  was
required  to file  such  reports),  and  (2) has  been  subject  to such  filing
requirements for the past 90 days.

                               YES __X__ NO ______

         3,502,603 common shares were outstanding as of April 30, 1998. 
         2,433,022 Class B common shares were outstanding as of April 30, 1998.
<PAGE>
               KNAPE & VOGT MANUFACTURING COMPANY AND SUBSIDIARIES

                                      INDEX

                                                                        Page No.

PART I.           FINANCIAL INFORMATION

   Item 1.  Financial Statements

       Condensed Consolidated Balance Sheets
       --March 31, 1998 (Unaudited) and June 30, 1997..........................2

       Condensed Consolidated Statements of Income (Unaudited)
       --Nine Months and Three Months Ended March 31, 1998 and 1997............3

       Condensed Consolidated Statements of Cash Flows (Unaudited)
       --Nine Months Ended March 31, 1998 and 1997.............................4

       Notes to Condensed Consolidated Financial Statements (Unaudited)........5

   Item 2.  Management's Discussion and Analysis of Financial
               Condition and Results of Operations...........................6-8

PART II.          OTHER INFORMATION

   Item 6.  Exhibits and Reports on Form 8-K...................................9

SIGNATURES        ............................................................10



                                        1
<PAGE>
   
               KNAPE & VOGT MANUFACTURING COMPANY AND SUBSIDIARIES

                          PART I. FINANCIAL INFORMATION

                      CONDENSED CONSOLIDATED BALANCE SHEETS
<TABLE>
                                                                        March 31, 1998         June 30, 1997
                                                                         (Unaudited)
<S>                                                                    <C>                   <C>
Assets
         Cash and equivalents ......................................   $   2,457,213         $   1,146,546
         Accounts receivable - net .................................      27,941,850            24,991,341
         Refundable income taxes ...................................         200,000             1,578,681
         Inventories ...............................................      18,904,694            18,629,454
         Other current assets ......................................       4,211,614             3,686,042
         Net current assets of discontinued operation ..............               0             1,462,089
                                                                       -------------         -------------
                  Total current assets .............................      53,715,371            51,494,153
                                                                       -------------         -------------
         Property, plant and equipment .............................      84,207,825            80,771,246
         Less accumulated depreciation .............................      37,026,644            32,184,444
                                                                       -------------         -------------
                  Net property, plant and equipment ................      47,181,181            48,586,802
                                                                       -------------         -------------
         Net property, plant and equipment of discontinued operation               0             1,440,740
         Other assets ..............................................      22,104,480            24,220,003
                                                                       -------------         -------------
                                                                       $ 123,001,032         $ 125,741,698
                                                                       =============         =============
Liabilities and Stockholders' Equity
         Accounts payable ..........................................   $  12,693,431         $   5,976,683
         Other accrued liabilities .................................       9,451,408             6,251,436
                                                                       -------------         -------------
                  Total current liabilities ........................      22,144,839            12,228,119

         Long-term debt ............................................      17,400,000            29,000,000
         Deferred income taxes and other long-term liabilities .....       9,003,035            11,053,081
                                                                       -------------         -------------
                  Total liabilities ................................      48,547,874            52,281,200
                                                                       -------------         -------------
Stockholders' equity
         Common stock ..............................................      11,865,004            11,807,658
         Additional paid-in capital ................................      33,684,865            33,340,541
         Foreign currency translation adjustment ...................               0            (1,345,978)
         Retained earnings .........................................      28,903,289            29,658,277
                                                                       -------------         -------------
                  Total stockholders' equity .......................      74,453,158            73,460,498
                                                                       -------------         -------------
                                                                       $ 123,001,032         $ 125,741,698
                                                                       =============         =============
</TABLE>
See accompanying notes.
    
                                        2
<PAGE>
   
               KNAPE & VOGT MANUFACTURING COMPANY AND SUBSIDIARIES

                   CONDENSED CONSOLIDATED STATEMENTS OF INCOME
                                   (Unaudited)
<TABLE>

                                                     Nine Months Ended                Three Months Ended
                                             Mar. 31, 1998   Mar. 31, 1997    Mar. 31, 1998   Mar. 31, 1997
                                            --------------   -------------    -------------   -------------
 <S>                                        <C>             <C>              <C>              <C>
Net sales ..............................   $ 136,805,813    $ 132,675,931    $  49,469,554    $  46,072,548

Cost of sales ..........................     103,503,505       99,406,928       37,914,628       34,615,069
                                           -------------    -------------    -------------    -------------
Gross profit ...........................      33,302,308       33,269,003       11,554,926       11,457,479

Selling and administrative expenses ....      21,692,956       21,493,160        7,711,214        7,284,146

Restructuring charges ..................       3,992,276          373,235        3,992,276          373,235
                                           -------------    -------------    -------------    -------------
Operating income (loss) ................       7,617,076       11,402,608         (148,564)       3,800,098

Other expenses .........................       1,081,662        1,631,869          335,258          542,679
                                           -------------    -------------    -------------    -------------
Income (loss) from continuing operations
   before income taxes .................       6,535,414        9,770,739         (483,822)       3,257,419

Income taxes - continuing operations ...       3,105,000        3,548,000          573,000        1,196,000
                                           -------------    -------------    -------------    -------------
Income (loss) from continuing operations       3,430,414        6,222,739       (1,056,822)       2,061,419

Loss from discontinued operation,
   net of taxes ........................      (1,368,278)        (471,624)      (1,274,639)        (471,624)
                                           -------------    -------------    -------------    -------------
Net income (loss) ......................   $   2,062,136    $   5,751,115    $  (2,331,461)   $   1,589,795
                                           =============    =============    =============    =============

Per common share:

Basic EPS:
Income (loss) from continuing operations   $         .58    $        1.06    $        (.18)   $         .35
Loss from discontinued operation                    (.23)            (.08)            (.21)            (.08)
                                           -------------    -------------    -------------    -------------
Net income (loss)                          $         .35    $         .98    $        (.39)   $         .27
                                           =============    =============    =============    =============

Weighted average shares outstanding            5,919,601        5,887,438        5,924,435        5,890,102

Diluted EPS:
Income (loss) from continuing operations   $         .58    $        1.05    $        (.17)   $        .34
Loss from discontinued operation                    (.23)            (.08)            (.22)           (.08)
                                           -------------    -------------    -------------    -------------
Net income (loss)                          $         .35    $         .97    $        (.39)   $        .26
                                           =============    =============    =============    ============

Weighted average shares outstanding            5,953,418        5,902,206        5,964,794       5,908,438

Cash Dividend - Common stock               $        .495    $        .495    $        .165    $       .165

Cash Dividend - Class B common stock       $         .45    $         .45    $         .15    $        .15
</TABLE>
See accompanying notes.
    

                                        3
<PAGE>
   
               KNAPE & VOGT MANUFACTURING COMPANY AND SUBSIDIARIES

                 CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
                                   (Unaudited)

<TABLE>
                                                                     Nine Months Ended
                                                                 Mar. 31, 1998   Mar. 31, 1997
<S>                                                             <C>             <C>
Operating Activities:
     Net income .............................................   $  2,062,136    $  5,751,115
     Non-cash items:
         Depreciation and amortization ......................      5,911,058       5,800,839
         Deferred income taxes ..............................     (1,732,000)         10,000
         Other long-term liabilities ........................       (315,137)       (303,220)
         Loss on sale of the discontinued operation .........        937,268               0
         Write-off of foreign currency translation adjustment      1,605,305               0
         Changes in operating assets and liabilities:
              Accounts receivable ...........................     (3,000,045)     (5,331,826)
              Inventories ...................................       (297,524)        (45,218)
              Net assets of discontinued operation ..........              0         903,026
              Other current assets ..........................        610,815         668,977
              Accounts payable and accrued expenses .........     10,100,202      (1,156,226)
                                                                ------------    ------------
Net cash from operating activities ..........................     15,882,078       6,297,467
                                                                ------------    ------------

Investing Activities:
     Additions to property and equipment ....................     (3,548,463)     (5,044,891)
     Sale of property and equipment .........................          1,693       3,345,678
     Disposition of discontinued operation ..................      1,920,352               0
     Payments for other assets ..............................      1,078,485        (645,988)
                                                                ------------    ------------
Net cash for investing activities ...........................       (547,933)     (2,345,201)
                                                                ------------    ------------

Financing Activities:
     Proceeds from issuance of common stock .................        401,670         119,810
     Payments on long-term debt .............................    (11,600,000)     (1,200,000)
     Cash dividends paid ....................................     (2,817,124)     (2,801,724)
                                                                ------------    ------------
Net cash for financing activities ...........................    (14,015,454)     (3,881,914)
                                                                ------------    ------------
Effect of Exchange Rate Changes on Cash .....................         (8,024)        (10,563)
                                                                ------------    ------------
Net Increase in Cash & Equivalents ..........................      1,310,667          59,789

Cash and Equivalents:
         Beginning of year ..................................      1,146,546         244,271
                                                                ------------    ------------
         End of period ......................................   $  2,457,213    $    304,060
                                                                ============    ============
Cash Paid During the Period    - interest                       $  1,069,096    $  1,529,813
                               - income taxes ...............   $  2,474,702    $  2,775,148
</TABLE>
    

                                        4
<PAGE>
               KNAPE & VOGT MANUFACTURING COMPANY AND SUBSIDIARIES

              NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
                                   (Unaudited)


Note 1 - Basis of Financial Statement Preparation

The  accompanying  unaudited  condensed  consolidated  financial  statements and
related notes have been prepared  pursuant to the rules and  regulations  of the
Security  and  Exchange  Commission.  The  information  furnished  reflects  all
adjustments  which are,  in the  opinion  of  management,  necessary  for a fair
statement  of  results  of  operations.  Interim  results  are  not  necessarily
indicative  of the  results  for  the  year  end  and are  subject  to year  end
adjustments,  and audit by independent public accountants.  The balance sheet at
June 30,  1997,  has been taken from the audited  financial  statements  at that
date. The condensed  consolidated  financial statements and notes should be read
in conjunction with the Company's 1997 annual report.

Note 2 - Common Stock and Per Share Information

Income  per  share is  determined  based on  weighted  average  number of shares
outstanding during each period.

Common  stock  is $2 par - shares  authorized  6,000,000  of  common  stock  and
4,000,000 of Class B common stock. Shares issued:  3,499,480 of common stock and
2,433,022 of Class B stock at March 31, 1998;  and 3,465,664 of common stock and
2,438,165 of Class B common stock at June 30, 1997.

Note 3 - Inventories

Inventories  are  valued  at the  lower of FIFO  (first-in,  first-out)  cost or
market. Inventories are summarized as follows:
<TABLE>
                                                 Mar. 31, 1998             June 30, 1997
<S>                                             <C>                       <C>
Finished products                               $   11,286,174            $   11,219,379
Work in process                                      2,975,257                 1,950,391
Raw materials                                        4,643,263                 5,459,684
                                                --------------            --------------
Total                                           $   18,904,694            $   18,629,454
                                                ==============            ==============
</TABLE>
Note 4 - New Accounting Standards Not Yet Adopted

Effective for periods  beginning after December 15, 1997, the Company must adopt
Statement of Financial  Accounting  Standards No. 130, "Reporting  Comprehensive
Income" and No. 131,  "Disclosures  about  Segments of an Enterprise and Related
Information." No. 130 will require the Company to report comprehensive income as
part of the consolidated financial statements.  No. 131 will require the Company
to report  certain  information  about  operating  segments in the  consolidated
financial  statements.  The Company is currently  evaluating  the  provisions of
these statements to determine their impact.

Note 5 - Newly Adopted Accounting Standard

In February 1997, the Financial  Accounting  Standards  Board (FASB) issued SFAS
No. 128,  "Earnings  Per Share." The  statement  simplifies  the  standards  for
computing  earnings per share (EPS),  and makes them comparable to international
EPS  standards.  The  statement  requires the  presentation  of both "basic" and
"diluted"  EPS on  the  face  of  the  income  statement  with  a  supplementary
reconciliation of numerators and denominators used in the calculations.  For the
periods  presented,  the  numerators  remained  the same in both the  basic  and
diluted  EPS  calculations.   The  denominator  was  increased  in  the  diluted
computation due to the recognition of stock options as common stock equivalents.


                                        5

<PAGE>
               KNAPE & VOGT MANUFACTURING COMPANY AND SUBSIDIARIES

                     MANAGEMENT'S DISCUSSION AND ANALYSIS OF
                  FINANCIAL CONDITION AND RESULTS OF OPERATIONS

Certain  matters  discussed in this section include  forward-looking  statements
involving  risks  and  uncertainties  including  but not  limited  to  economic,
competitive,  governmental  and  technological  factors  affecting  Knape & Vogt
Manufacturing  Company's  operations,  markets,  products,  services and prices.
Readers  are  cautioned  not to place undue  reliance  on those  forward-looking
statements which speak only as of the date of this report.

RESULTS OF OPERATIONS


Net Sales

The following  table  indicates the Company's sales (in millions) and percentage
of total sales by product  category  for the nine month and three month  periods
ended March 31, 1998 and 1997:
<TABLE>
                               Nine Months ended March 31,                            Three Months ended March 31,
                            1998                      1997                         1998                                1997
                            ----                      ----                         ----                                ----
<S>                      <C>           <C>           <C>            <C>             <C>           <C>            <C>         <C>
Shelving systems          $ 64.4        47.1%      $     61.8        46.6%      $     23.3         47.1%      $    21.1        45.8%
Drawer slides               50.9        37.2%            46.3        34.9%            19.0         38.4%           16.2        35.1%
Hardware                    21.5        15.7%            21.6        16.3%             7.2         14.5%            7.5        16.3%
Furniture components         0.0         0.0%             3.0         2.2%             0.0          0.0%            1.3         2.8%
                        
Total                     $136.8       100.0%       $   132.7       100.0%      $     49.5        100.0%      $    46.1       100.0%
</TABLE>

Net sales for the nine months and third  quarter of fiscal 1998  increased  $4.1
million, or 3.1%, and $3.4 million, or 7.4%,  respectively,  over the comparable
periods of fiscal 1997.  Shelving  systems sales  increased by $2.2 million,  or
10.4%,  for the quarter due to the addition of two national retail customers for
the free-standing shelving products which was previously announced in the second
quarter. Drawer slide sales increased by $2.8 million, or 17.3%, for the quarter
due to strong sales of precision  drawer slides including  continued  ramp-up in
shipments  of precision  drawer  slides to the metal  office  furniture  market.
Hardware  product line sales  decreased  during the quarter by $0.3 million from
last year  despite  Feeny's  continued  increase in the sales of its kitchen and
bath storage products.  This increase was offset by a decrease in the Iron Horse
product  line,  caused by a reduction in promotions of the product line at major
home centers.  Furniture  component sales were eliminated with the sale of Modar
at the end of the third quarter of fiscal 1997.

Costs and Expenses

Cost of sales was 75.7% of sales for the first  nine  months  and 76.6% of sales
for the third  quarter of fiscal  1998  compared to 74.9% and 75.1% of sales for
the first  nine  months  and third  quarter of fiscal  1997,  respectively.  The
increase is due in part to the Company's continued  investments in manufacturing
and sales to aggressively  enter the metal office furniture market. The increase
in cost of sales also  reflects  transition  costs that cannot be  classified as
restructuring  related to the reorganization of the Company's Canadian operation
near Toronto and continued softness in the Canadian dollar.

Selling  and  administrative  expenses  for the nine  months  was 15.9% of sales
compared  to 16.2%  for the same  period  last  year and for the  third  quarter
decreased  to 15.6% of sales from  15.8% for the same  quarter  last  year.  The
reductions  are due to the  Company's  ability  to keep  costs  flat on a higher
revenue stream, as well as the cost savings from the sale of Modar.
   
A one-time  restructuring charge of $3,992,276 was recorded in the third quarter
of fiscal 1998 for Knape & Vogt Canada. Knape & Vogt announced in March 1998 its
plans to reorganize its Canadian operation,  including the sale of the Company's
manufacturing  facility  and  equipment  in the  Toronto  area.  Included in the
restructuring  charge  is  a  reduction  of  the  foreign  currency  translation
adjustment  account  of  $1,605,305.  The  Company  will  continue  to sell  and
distribute  its  products in Canada and  maintain a sales  office in the Toronto
area. The after-tax effect of the restructuring was a loss of $3,392,276 or $.57
per share.
    
                                        6
<PAGE>
               KNAPE & VOGT MANUFACTURING COMPANY AND SUBSIDIARIES

                     MANAGEMENT'S DISCUSSION AND ANALYSIS OF
                  FINANCIAL CONDITION AND RESULTS OF OPERATIONS
                                   (Continued)

The fiscal 1997  restructuring  charge of  $373,235  represents  the  difference
between the  original  estimate  and the actual  loss from the  decision to sell
Modar, Inc. Modar was sold on March 28, 1997, to Preferred Fixture, Inc. located
in  Glastonbury,  Connecticut.  The  after-tax  effect of the sale was a loss of
$246,235 or $.04 per share.

Other Expenses

Interest expense was $298,941 for the quarter ended March 31, 1998,  compared to
$497,603 for the quarter ended March 31, 1997. The Company has reduced its level
of borrowing to  $17,400,000  at March 31, 1998,  from  $33,800,000 at March 31,
1997.  Interest expense for the nine months ended March 31, 1998, was $1,016,053
compared to $1,518,791 for the nine months ended March 31, 1997.

Income Taxes
   
The effective tax rate for the nine months and quarter ended March 31, 1998, was
47.5% and  (118.4%)  compared to 36.3% and 36.7% for the nine months and quarter
ended  March 31,  1997.  The  effective  tax rates are  higher due to a possible
restriction on fully utilizing the net operating  losses generated in Canada and
the write-off of the  cumulative  foreign  currency  translation  adjustment for
which  there is no  expected  tax  benefit,  thereby  reducing  the tax  benefit
recognized on the restructuring loss recorded for Knape & Vogt Canada.
    
Income (Loss) from Continuing Operations
   
Income  (loss) from  continuing  operations  was  $3,430,414  for the first nine
months and ($1,056,822)  for the third quarter of fiscal 1998.  Diluted earnings
per share from  continuing  operations  for the nine months was $.58 compared to
$1.05 in fiscal 1997. Diluted earnings per share for the quarter ended March 31,
1998 was ($.17) compared to $.34 for the third quarter last year.  Excluding the
after-tax  restructuring  charges of  $3,392,276  in fiscal 1998 and $246,235 in
fiscal 1997,  diluted  earnings per share would have been $1.15 and $.40 for the
nine and three months ended March 31, 1998, respectively, and $1.09 and $.38 for
the nine and three months ended March 31, 1997.
    
Loss from Discontinued Operation

Loss from  discontinued  operation was $1,368,278,  or $.23 diluted earnings per
share,  for the first nine months and $1,274,639,  or $.22 diluted  earnings per
share for the three  months ended March 31, 1998.  The  discontinued  operation,
Roll-it,  was sold on March 27,  1998.  Included  in the  fiscal  1998 loss from
discontinued  operation is a third quarter loss of $937,268,  or $.16 per share,
which  represents  the difference  between the original  estimate and the actual
loss from the decision to sell Roll-it.

In the third quarter of fiscal 1997 the Company recorded a loss of $471,624,  or
$.08  diluted  earnings per share,  from  discontinued  operation,  which was an
adjustment to the estimated  provision for operating  losses of Roll-it  through
fiscal year 1997.  Income or loss  attributable to Roll-it's  operations  beyond
fiscal year 1997 were recorded as incurred in each reporting period.

Net Income
   
Net  income of  $2,062,136  for the nine  months was 1.5% of sales  compared  to
$5,751,115 for the first nine months last year which was 4.3% of sales.  For the
quarter ended March 31, 1998, net loss was $2,331,461  compared to net income of
$1,589,795 for the third quarter of last year.
    

                                        7
<PAGE>
               KNAPE & VOGT MANUFACTURING COMPANY AND SUBSIDIARIES

                     MANAGEMENT'S DISCUSSION AND ANALYSIS OF
                  FINANCIAL CONDITION AND RESULTS OF OPERATIONS
                                   (Continued)
   
Net income for the third quarter and nine months ended March 31, 1998,  includes
the after-tax  charge of $3,392,276 to record the  restructuring of Knape & Vogt
Canada and a loss from discontinued  operation of $1,368,278 for the nine months
and $1,274,639 for the third quarter.  Net income for the third quarter and nine
months  ended March 31,  1997,  includes  the  after-tax  charge of $246,235 for
restructuring and $471,624 for loss from discontinued operation.
    
Excluding  the  restructuring  charges  and  loss  from  discontinued  operation
charges,  net  income  was  $6,822,690  for the nine  months,  or 5.0% of sales,
compared  to  $6,468,974  for the first nine  months last year which was 4.9% of
sales.  For the  quarter  ended  March 31,  1998,  net  income  would  have been
$2,335,454 compared to $2,307,654 for the third quarter of last year.

Liquidity and Capital Resources

Net cash from  operating  activities  for the first nine  months of fiscal  1998
provided  $15,882,078  as  compared to  $6,297,467  for the first nine months of
fiscal 1997.  Accounts payable and accrued expenses  increased by $10,100,202 in
the first nine months of fiscal 1998 compared to a decrease of $1,156,226 in the
first nine months of fiscal 1997. Days sales outstanding at the end of the third
quarter of fiscal 1998 were 54 compared  to 58 at the end of fiscal  1997.  This
reduction has resulted in an improvement in our accounts  receivable  collection
of over $2,000,000  compared to the end of the third quarter of fiscal 1997. The
overall  improvement  in liquidity is a direct result of the Company's  focus on
cash management.

Capital  expenditures  totaled  $3,548,463  for the nine months  ended March 31,
1998,  compared to $5,044,891 for the nine months ended March 31, 1997.  Capital
expenditures  for the fiscal year are  anticipated to be between  $4,000,000 and
$5,000,000.  Long-term  debt of  $17,400,000 at the end of the third quarter has
declined  $11,600,000  since June 30, 1997,  primarily due to cash provided from
operating activities. In the remainder of the year, the Company will continue to
aggressively  attempt to generate  cash using the newly adopted  Economic  Value
Added,  or  EVA,   philosophy.   Anticipated  cash  flow  from  operations  will
substantially fund working capital, capital expenditures and dividend payments.


                                        8
<PAGE>
               KNAPE & VOGT MANUFACTURING COMPANY AND SUBSIDIARIES

                           PART II. OTHER INFORMATION



Item 6.  Exhibits and Reports on Form 8-K

         (a)      Exhibits - None

         (b)     Reports on Form 8-K
                 There were no  reports on Form 8-K filed for the three  months
                 ended March 31, 1998.






                                        9
<PAGE>
                                   SIGNATURES


Pursuant  to the  requirements  of the  Securities  Exchange  Act of  1934,  the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned thereunto duly authorized.



                                              Knape & Vogt Manufacturing Company
                                                        (Registrant)





Date:  September 1, 1998                                 /s/ Allan E. Perry
                                                         Allan E. Perry
                                                         President and
                                                         Chief Executive Officer

Date:  September 1, 1998                                 /s/ Jack D. Poindexter
                                                         Jack D. Poindexter
                                                         Chief Financial Officer
                                                         and Treasurer




                                       10