COLOMBIA – In the January-July 2017 period (7M-2017), Colombian exports of modular board furniture totaled USD 7.41 million, up 21.7% compared to USD 6.01 million in the same period of 2016.

LITHUANIA – Ikea Industry has decided to invest in advanced technology for furniture production in order to double the capacity in its Kazlų Rūda, Lithuania site.

SPAIN – As Spain’s furniture exports continue to grow at a much faster pace than imports, the country’s trade deficit in the industry was reduced by 5.6% in the first half of the year.

COLOMBIA – “I will never forget that number”, says amazed Ma. Eugenia Hernández, Production Manager of RTA Muebles (formerly RTA Design). “In 1240 square meters we had the production plant, storage of raw materials, packaging, warehouse and offices,” she adds, recalling the first days of the company founded in 2003 in Yumbo, Valle del Cauca that in just 15 years has become Colombia’s leading wooden furniture manufacturer.

CANADA – Novacap, a Canadian investment management company, announced a partnership with furniture manufacturer Bestar Inc.

U.S. – The HON Company, an operating subsidiary of the second-largest office furniture manufacturer in the world – HNI Corporation – will invest USD 14.5 million in a Cedartown, Georgia facility expansion.

U.S.– The new IKEA 2018 catalog for the U.S. market is now available online and in print in both the English and Spanish versions.

GERMANY – Sales of the German kitchen-furniture industry grew 10.7% in May 2017, reaching €435.8m. April had shown a considerable drop of 21.5% to €344.7m. 

U.S. – Ashley Furniture Industries, Inc. (Ashley) has broken ground on a 465,000 square foot (43,000 sqm) E-Commerce Fulfillment and Distribution Center. 

U.S.- NeoCon is one of the most important trade fairs in the furniture and habitat sector in the United States. In its 49th edition, more than 50,000 design professionals and 500 exhibitors have gathered in almost 100,000 square meters of exhibition space within the Merchandise Mart, where the ANDREU WORLD permanent showroom is located.

GERMANY – The German furniture industry is continuing to grow: the turnover of domestic companies rose by 3.1 percent to € 4.5 billion in the first quarter of the current year.

COLOMBIA – Colombian exports of modular wooden panel furniture in the January – April 2017 period totaled USD 4.085.329, a 4.5% growth in exported value compared to USD 3.910.809 in the same period of 2016.