BRAZIL – Unicasa Indústria de Móveis S.A., one of Brazil’s leading manufactures of customized furniture and the only publicly held Brazilian company in the sector resumed on-site operations on April 13, 2020, following the asepsis guidelines of the Ministry of Health.
Herman Miller makes adjustments in response to impact of COVID-19
U.S. – Herman Miller, the global designer and furniture manufacturer, announced a set of actions throughout its global operations in response to the uncertain economic outlook resulting from the COVID-19 pandemic.
Steelcase commits to Supply Critical Medical Equipment
U.S. – Steelcase, a leading global office and institutional furniture manufacturer, announced it has already started and continues to manufacture and deploy critical equipment supplies for healthcare providers on the frontlines of the battle against the COVID-19 global pandemic.
Colombian furniture exports down 31.6% in first two months of 2020
COLOMBIA – In the first two months of 2020 Colombia exported wooden furniture for USD 5.0 million, a decrease of 31.6 percent compared to the same period previous year when exports of wooden furniture reached USD 7.3 million.
Brazil’s furniture industry resumes activities
BRAZIL – The industries of Bento Gonçalves, Brazil resume their activities this Monday, April 6th, authorized by Municipal Decree number 10.494, published last Sunday.
Nobia withdraws dividend proposal and temporarily lays off 3,000 employees
SWEDEN – The Board of Directors of Nobia AB, a global leader in the kitchen furniture industry, has decided to withdraw previously communicated proposal for a dividend of SEK 4.00 per share, in total approximately SEK 675 million (EUR 61 million).
Steelcase sells PolyVision Corporation
USA – Steelcase Inc., the largest global manufacturer of office furniture, announced it has sold all of the issued and outstanding capital stock of PolyVision Corporation to an affiliate of Industrial Opportunity Partners.
Department of Commerce rules in favor of cabinet manufacturers, issues final duties on Chinese imports
USA – The U.S. Department of Commerce has issued final duty determinations on Chinese imports of wooden cabinets and vanities – marking the end of a chapter in a nearly year-long ordeal.
Exports help Nobilia grow sales 4.9% in 2019
GERMANY – During its annual press conference Nobilia, the largest European kitchen furniture manufacturer , announced that it reached sales of EUR 1.288 billion in 2019, an increase of 4.9 percent compared to 2018 sales (2018: EUR 1.228 billion). This corresponds to an increase of 60.3 million euros.
ACProducts and Masco merge to become Cabinetworks Group
USA – ACProducts, Inc. (acpi®) completed on February 18 the acquisition of Masco Cabinetry.
Chinese furniture manufacturer eyes USD 86 million investment in North Carolina
USA – The city of Concord, NC is preparing to offer tax incentives to Golden Home a Chinese kitchen furniture manufacturer as part of an USD 86 million investment. Concord’s city council will soon vote on the USD 803,515 grant, which would be given to the company over five years.
Schüller sales up 9.9% in 2019
GERMANY – Schüller Möbelwerk KG, one of the largest kitchen furniture manufacturers in Europe, generated sales of 554 million euros in 2019 – a 9.9 percent improvement compared to 2018.