UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549

                                    FORM 10-Q

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

                For the Quarterly Period Ended December 31, 1995

                                       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 ______

        3,311,146 common shares were outstanding as of January 19, 1996.
    2,569,923 Class B common shares were outstanding as of January 19, 1996.


<PAGE>






               KNAPE & VOGT MANUFACTURING COMPANY AND SUBSIDIARIES

                                      INDEX

                                    Page No.

                          PART I FINANCIAL INFORMATION

                          Item 1. Financial Statements.

                      Condensed Consolidated Balance Sheets
 --December 31, 1995 (Unaudited) and June 30, 1995............................2

             Condensed Consolidated Statements of Income (Unaudited)
 --Six Months and Three Months Ended December 31, 1995 and 1994...............3

           Condensed Consolidated Statements of Cash Flows (Unaudited)
 --Six Months Ended December 31, 1995 and 1994................................4

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

            Item 2. Management's Discussion and Analysis of Financial
 Condition and Results of Operations........................................6-7

                            PART II OTHER INFORMATION

 Item 4. Submission of Matters to a vote of Security Holders..................8

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

SIGNATURES ...................................................................9




<PAGE>


               KNAPE & VOGT MANUFACTURING COMPANY AND SUBSIDIARIES

                          PART I. FINANCIAL INFORMATION

                      CONDENSED CONSOLIDATED BALANCE SHEETS
<TABLE>
<S>                                                                        <C>                           <C>
                                                                             Dec. 31, 1995                  June 30, 1995
                                                                            --------------                  -------------
                               (Unaudited)                                                               

Assets
         Cash and equivalents                                              $        333,557              $         604,106
         Accounts receivable - net                                               22,476,164                     27,045,057
         Inventories                                                             28,751,067                     28,347,023
         Other current assets                                                     3,547,739                      3,210,231
                                                                           ----------------               ----------------
                  Total current assets                                           55,108,527                     59,206,417
                                                                           ----------------               ----------------

         Property, plant and equipment                                           88,612,949                     85,729,838
         Less accumulated depreciation                                           36,924,632                     33,654,435
                                                                           ----------------               ----------------
                  Net property, plant and equipment                              51,668,317                     52,075,403
                                                                           ----------------               ----------------

         Other assets                                                            24,233,488                     24,015,737
                                                                           ----------------               ----------------

                                                                           $    131,030,332               $    135,297,557
                                                                           ================               ================

Liabilities and Stockholders' Equity
         Accounts payable                                                  $      5,045,640               $      7,552,129
         Accrued income and other taxes                                             954,940                      1,337,920
         Other accrued liabilities                                                3,302,503                      4,519,615
                                                                           ----------------                ---------------
                  Total current liabilities                                       9,303,083                     13,409,664

         Long-term debt                                                          35,000,000                     35,800,000
         Deferred income taxes and other long-term liabilities                   13,196,988                     13,374,057
                                                                           ----------------                ---------------
                  Total liabilities                                              57,500,071                     62,583,721
                                                                           ----------------                ---------------

Stockholders' equity
         Common stock                                                            11,762,138                     11,759,828
         Additional paid-in capital                                              33,080,087                     33,065,773
         Foreign currency translation adjustment                                 (1,220,932)                    (1,316,765)
         Retained earnings                                                       29,908,968                     29,205,000
                                                                           ----------------               ----------------
                  Total stockholders' equity                                     73,530,261                     72,713,836
                                                                           ----------------               ----------------

                                                                           $    131,030,332               $    135,297,557
                                                                           ================               ================

See accompanying notes.
</TABLE>

<PAGE>


               KNAPE & VOGT MANUFACTURING COMPANY AND SUBSIDIARIES

                   CONDENSED CONSOLIDATED STATEMENTS OF INCOME
                                   (Unaudited)

<TABLE>                                 
                                                        
                                                   Three Months Ended                          Six Months Ended
<S>                                       <C>                   <C>                  <C>                   <C>                  
                                             Dec. 31, 1995         Dec. 31, 1994         Dec. 31, 1995         Dec. 31, 1994
                                            --------------         -------------        --------------        --------------

Net sales                                 $     85,519,763      $     89,794,427      $     40,371,133      $     41,737,379

Cost of sales                                   65,272,457            67,080,955            31,084,300            31,504,609
                                          -----------------     ----------------      ----------------      ----------------

Gross profit                                    20,247,306            22,713,472              9,286,833           10,232,770

Selling and administrative expenses             14,776,277            15,154,665              6,928,539            7,313,222
                                          ----------------      ----------------      -----------------     ----------------

Operating income                                  5,471,029            7,558,807              2,358,294            2,919,548

Other expenses                                    1,302,571            1,297,836                658,547              660,935
                                          -----------------     ----------------      -----------------    -----------------

Income before income taxes                        4,168,458            6,260,971              1,699,747            2,258,613

Income taxes                                      1,601,000            2,271,000                640,000              778,000
                                          -----------------     ----------------     ------------------    -----------------

Net income                                $       2,567,458     $      3,989,971     $        1,059,747    $       1,480,613
                                          =================     ================     ==================    =================

Per common share:

Net Income                                 $           .44       $           .68       $           .18       $           .25

Cash Dividend - Common stock               $           .33       $           .33       $          .165       $          .165

Cash Dividend - Class B common stock       $           .30       $           .30       $           .15       $           .15

Weighted average shares outstanding              5,884,452             5,896,632             5,885,144             5,900,769


See accompanying notes.

</TABLE>

<PAGE>


               KNAPE & VOGT MANUFACTURING COMPANY AND SUBSIDIARIES

                 CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
                                   (Unaudited)
<TABLE>

                                                                              Six Months Ended
<S>                                                               <C>                        <C>             
                                                                   Dec. 31, 1995             Dec. 31, 1994
                                                                   -------------             -------------

Operating Activities:
     Net income                                                   $    2,567,458             $    3,989,971
     Non-cash items:
         Depreciation and amortization                                 3,819,232                  3,666,888
         Deferred income taxes                                            31,000                    185,000
         Other long-term liabilities                                    (208,336)                  (168,299)
         Changes in operating assets & liabilities:
              Accounts receivable                                      4,615,423                  3,354,196
              Inventories                                               (358,977)                 1,386,194
              Other current assets                                      (333,178)                  (190,969)
              Accounts payable & accrued expenses                     (4,153,304)                (6,155,558)
                                                                  ---------------            ---------------
Net cash from operating activities                                     5,979,318                  6,067,423
                                                                  ---------------            ---------------

Investing Activities:
     Additions to property and equipment                              (2,952,611)                (2,296,318)
     Sale of property and equipment                                       93,756                      3,334
     Payments for other assets                                          (754,532)                  (339,121)
                                                                  ---------------            ---------------
Net cash for investing activities                                     (3,613,387)                (2,632,105)
                                                                  ---------------            ---------------

Financing Activities:
     Proceeds from issuance of common stock                               16,624                     30,848
     Purchase of common stock                                                  0                    (10,548)
     Payments on long-term debt                                         (800,000)                (1,700,000)
     Cash dividends paid                                              (1,863,490)                (1,860,271)
                                                                  ---------------            ---------------
Net cash for financing activities                                     (2,646,866)                (3,539,971)
                                                                  ---------------            ---------------

Effect of Exchange Rate Changes on Cash                                   10,386                    (38,418)
                                                                  ---------------            ---------------

Net Decrease in Cash & Equivalents                                      (270,549)                  (143,071)

Cash and Equivalents:
         Beginning of year                                               604,106                    620,224
                                                                  ---------------            ---------------
         End of period                                            $      333,557             $      477,153
                                                                  ===============            ===============

Cash Paid During the Period    - interest                         $      1,189,725           $      1,143,894
                               - income taxes                     $      1,865,951           $      2,138,342

</TABLE>

<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,  1995,  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 1995 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:  3,311,146 of common stock;
2,569,923 of Class B stock at December 31, 1995;  and  3,295,496 of common stock
and 2,584,418 of Class B common stock at June 30, 1995.

Note 3 - Inventories

Inventories  are  valued  at the  lower of FIFO  (first-in,  first-out)  cost or
market.  The Company has one subsidiary on LIFO (last-in,  first-out)  cost. The
Company has  decided to change to FIFO cost for this  subsidiary  during  fiscal
year 1996. The inventory  value at this subsidiary at June 30, 1995 was $418,000
lower than it would have been under FIFO.

Inventories are summarized as follows:

                                         Dec. 31, 1995             June 30, 1995
                                         -------------             -------------

Finished products                       $   16,284,274            $   16,187,481
Work in process                              3,929,908                 3,538,217
Raw Materials                                8,536,885                 8,621,325
                                      ----------------          ----------------

Total                                   $   28,751,067            $   28,347,023
                                        ==============            ==============




<PAGE>


               KNAPE & VOGT MANUFACTURING COMPANY AND SUBSIDIARIES

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


RESULTS OF OPERATIONS

Net Sales

Net sales for the second  quarter and six months of fiscal  year 1996  decreased
$1.3  million,  or 3.3%,  and $4.3  million,  or  4.8%,  respectively,  over the
comparable periods of fiscal year 1995.  Shelving sales decreased by $.2 million
for the quarter,  due primarily to the competitive retail markets which demanded
lower prices for our products.  Drawer slide sales  decreased by $.2 million for
the quarter. Continued increases in the precision drawer slides did not offset
the decrease in sales of utility slides. Store fixture and hardware product line
sales  decreased  during the quarter by $.2 million from last year, due to lower
sales of  hardware  products  by Knape & Vogt  Canada  in the  Canadian  market.
Furniture  component sales decreased  during the quarter by $.7 million compared
to last year as Modar  concentrated  on  producing  wood  products for Hirsh and
Knape & Vogt. Based on internal forecasts, the Company anticipates that sales
may match the results of the third and fourth quarters of fiscal year 1995.

Costs and Expenses

Cost of sales was 77.0% of sales for the second  quarter  and 76.3% of sales for
the first six months of fiscal  year 1996  compared  to 75.5% and 74.7% of sales
for the second  quarter and first six months of fiscal year 1995,  respectively.
Discounting of prices to retail  customers and increases in raw material  prices
accounted  for the majority of the increase in cost as a percentage of sales for
the quarter.  The impact of recent decreases in steel prices should reduce costs
as a percentage of sales during the second half of fiscal year 1996.

Selling and  administrative  expenses for the quarter  decreased  $384,683,  and
decreased as a percentage of sales to 17.2% from 17.5% last year,  mainly due to
decreases in  administrative  expenses such as the Michigan single business tax.
Selling and administrative  expense for the six months decreased  $378,388,  but
increased to 17.3% of sales compared to 16.9% in fiscal year 1995.

Other Expenses

Interest  expense was $594,740 for the quarter ended  December 31, 1995 compared
to $601,835 for the quarter  ended  December  31, 1994.  The decrease was due to
lower borrowing  levels.  Interest expense for the six months ended December 31,
1995 was $1,193,145 compared to $1,181,783 last year.

Income Taxes

The effective  tax rate for the quarter and six months ended  December 31, 1995,
was 37.6% and 38.4%  compared  to 34.4% and 36.2% for the quarter and six months
ended  December 31, 1994. The effective tax rate in the second quarter of fiscal
year 1995 was lower than  normal  due to  reductions  in  Illinois  state  taxes
relating to the Hirsh Company.




<PAGE>


               KNAPE & VOGT MANUFACTURING COMPANY AND SUBSIDIARIES

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


Net Income

Net  income of  $1,059,747  for the  second  quarter  was 28.4%  lower  than the
$1,480,613  reported a year ago. For the six months ended  December 31, 1995 net
income was $2,567,458 which is 35.7% lower than the $3,989,971  reported for the
same  period  last year.  Earnings  per share for the quarter and six months was
$.18 and $.44, respectively, compared to $.25 and $.68 for the same periods last
year.  Net income  was 2.6% and 3.0% of sales for the  quarter  and six  months,
respectively.
The decrease in net income was mainly due to higher cost of sales.

Liquidity and Capital Resources

The  Company's  net cash  position  decreased  during  the first  six  months to
$333,557 from $604,106 at June 30, 1995. Net cash from operating  activities was
positively affected by decreases in accounts receivable, but partially offset by
an increase in accounts payable.  Accounts receivable balances were lower at the
end of December  than at the end of June  because  sales in December  were lower
than in June.  Payable balances  increased  because purchases related to January
1996  production and sales which were higher than the June purchases  related to
July 1995 production and sales.

Capital expenditures were $2,952,611 for the six months ended December 31, 1995.
The Company is currently forecasting capital expenditures to be approximately $8
million  for the fiscal  year.  The  Company  had total debt of  $35,000,000  at
December 31, 1995, a decrease of $800,000 from total debt of $35,800,000 at June
30, 1995. It is estimated  that debt levels will remain at  approximately  these
levels in the second  half of the  fiscal  year due to the  increase  in capital
expenditures.

The Company's  balance sheet remained strong with working capital of $45,805,444
and current ratio of 5.9 to 1 at December 31, 1995,  compared to the $45,796,753
of working capital and a 4.4 to 1 current ratio at June 30, 1995.





<PAGE>


               KNAPE & VOGT MANUFACTURING COMPANY AND SUBSIDIARIES

                           PART II. OTHER INFORMATION


Item 4.  Submission of Matters to a Vote of Security Holders

         (a)      Knape & Vogt Manufacturing Company's Annual Meeting of
                  Shareholders was held on October 20, 1995.

         (b)      Proxies were distributed by Knape & Vogt Manufacturing Company
                  pursuant to Regulation 14A under the  Securities  Exchange Act
                  of 1934.  There was no opposition to management's  nominees as
                  listed in the proxy statement, and all nominees were elected.

                  The vote on the nominees was:
<TABLE>
<S>                                                       <C>                  <C>                <C>               <C>
                                                             For               Against            Abstain           Non-vote
                    Raymond E. Knape (1) (2)              26,443,381                 --             29,043                 --
                    Herbert F. Knape (1) (2)              26,442,281                 --             30,143                 --
                    Richard C. Simkins (1) (3)             2,717,071                 --             28,983                 --

</TABLE>
                  (1) Term expires in 1998.
                  (2)  Elected by vote of  holders  of Common  stock and Class B
                  common stock voting as a class. (3) Elected by vote of holders
                  of Common stock voting as a class.

                  Members  of the board of  directors  whose  terms have not yet
                  expired are Allen E.  Perry,  term  expiring in 1997,  John E.
                  Fallon,  term expiring in 1997, Robert T. Kroon, term expiring
                  in 1997, Richard S. Knape, term expiring in 1996 and Mary Rita
                  Cuddohy, term expiring in 1996.


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 December 31, 1995.




<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:        January 26, 1996                                 s/Raymond E. Knape
                                                                Raymond E. Knape
                                                                    Chairman and
                                                         Chief Executive Officer

Date:        January 26, 1996                               s/Richard C. Simkins
                                                              Richard C. Simkins
                                             Vice President - Finance, Secretary
                                                                   and Treasurer