USA – Paul S. Bush, the visionary founder of Bush Industries, Inc., and a prominent figure in the American Ready-To-Assemble (RTA) furniture industry, has passed away. Born on May 5, 1936, in Olean, NY, Bush’s life was marked by his entrepreneurial spirit, dedication...
CANADA – Dorel Industries Inc. , a leader in North American furniture manufacturing, has entered into a sale-leaseback transaction involving its factory and warehousing facility in Columbus, Indiana, to improve its financial standing. The sale will generate USD 30...
ITALY - The world’s top 200 furniture manufacturers have collectively reached a turnover of approximately USD 160 billion, according to the latest report from CSIL. Between 2019 and 2023, these companies significantly outpaced the broader industry in growth,...
TURKEY - Turkish furniture manufacturer Koleksiyon Mobilya A.Ş., one of the largest in the country, has chosen Välinge Innovation’s groundbreaking Threespine Click Furniture Technology to elevate their product line with innovative, easy-to-assemble furniture. “We are...
ARGENTINA - Fiplasto, recently acquired by a group of investors, has completed its first major acquisition by purchasing 81.83% of Cuyoplacas, a Mendoza-based manufacturer of "Platinum" branded furniture and melamine particleboards. This acquisition will enhance...
BRAZIL - The Brazilian Furniture Industry Association (Abimovel) and ApexBrasil (Brazilian Agency for the Promotion of Exports and Investments) have renewed the Brazilian Furniture Sector Project for another two-year cycle, effective December 20, 2024. This initiative...
LITHUANIA - SBA Home, a Lithuanian furniture manufacturer, will invest over USD 70 million to establish its first North American production facility in Mocksville, North Carolina, creating more than 200 jobs in Davie County. Part of the SBA Grupe UAB conglomerate, the...
USA - Two major cabinet manufacturers, Dura Supreme and Norcraft, are set to close plants in North Carolina, resulting in a combined loss of 274 jobs. Both companies are subsidiaries of MasterBrand, one of the largest kitchen cabinet manufacturers in the U.S. Dura...
UNITED KINGDOM - Egger, a top wooden panel manufacturer, and Wren, a leading kitchen furniture manufacturer, have implemented a closed-loop waste management system as part of their ongoing commitment to sustainability and waste reduction. This innovative...
ITALY - FederlegnoArredo has announced the establishment of the National Consortium of Furniture Systems (Consorzio Nazionale Sistema Arredo) to enhance sustainability in the furniture sector. Supported by 15 leading companies, the consortium will focus on managing...
USA - Sauder Woodworking, the world's largest manufacturer of ready-to-assemble (RTA) furniture, has announced the appointment of Nolan Pike as President and Chief Executive Officer, effective October 21, 2024. He succeeds Kevin Sauder, who is retiring after more than...
ITALY - A recent article by CSIL Market Research highlights that the European furniture industry is in the early stages of digital transformation, with only a few leading manufacturers fully integrating digitalization into their processes. CSIL’s research shows that...
