GERMANY – Nobilia, Europe’s largest kitchen manufacturer and Germany’s top producer of kitchen furniture, has launched its first fully AI-generated commercial, marking a significant milestone in digital brand communication. The company, which claims to produce...
CANADA – Dorel Industries Inc., one of Canada’s leading home furnishings and juvenile products manufacturers, is undertaking a major restructuring of its Home segment, marking a pivotal shift in the company's strategy. The move includes the closure of all...
USA – Steelcase Inc. , one of the largest global office furniture manufacturers, reported first quarter revenue of USD 779 million, up 7% year-over-year, with net income rising to USD 13.6 million from USD 10.9 million. The company’s organic growth also reached...
GERMANY – Bedroom furniture manufacturer Nolte Möbel GmbH & Co. KG will permanently cease operations by the end of July, bringing an end to the company’s 70-year history. The Germersheim-based firm informed its remaining 230 employees of the closure on April 28,...
ITALY – The latest available data (2023) shows that Italy’s top furniture companies experienced mixed results, with some achieving growth while others faced setbacks. Friul Intagli remained at the top with EUR 865.8 million in sales, although it saw...
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...
