GERMANY – With an increase in sales of EUR 177 million, Nobilia, the largest kitchen furniture manufacturer in Europe, once again was able to exceed its previous year’s figures.
Steelcase Named One of the World’s Most Admired Companies by Fortune
USA – Steelcase has been named among the world’s leading brands on the Fortune 2023 World’s Most Admired Companies list for the 17th year, recognized as fourth in the Home Equipment and Furnishings category.
American Woodmark Invests USD 65 million to expand Capacity in North Carolina and Mexico
USA – American Woodmark Corporation, one of the largest kitchen cabinet manufacturers in North America, will increase its kitchen and bath cabinet capacity for east coast markets.
Important Brazilian Presence at Expo Mueble 2023 in Mexico
BRAZIL – In yet another initiative of the Brazilian Furniture Sector Project, 37 Brazilian companies from the furniture sector are preparing to embark for Mexico next month.
Fortune Brands Completes Separation of MasterBrand
USA – Fortune Brands announced that it has completed its previously announced spin-off of the Cabinets business creating two independent, publicly traded companies.
Groupe Miralis Invests USD 33 million in Two New Highly Automated plants
CANADA – Groupe Miralis recently announced a total investment of CAD 45 million (USD 33 million) for the start-up of two new high automation manufacturing plants, one in Saint-Anaclet-de-Lessard (near Rimouski) and another in Québec City.
Door Manufacturer Steves & Sons to Invest Over USD 100 Million in Georgia
USA – Steves & Sons, a high volume and family-owned door manufacturer, will invest over USD 100 million and create 170 jobs over the next three years as it builds a new, state-of-the-art facility in Jackson County, Georgia.
Pervanovo Acquires the Croatian Furniture Producer Spin Valis
SWEDEN – Pervanovo, the parent company of Bjelin industries in Croatia and Välinge Group in Sweden, has through its subsidiary Välinge Croatia signed an agreement to acquire 85% of the shares in the Croatian furniture company Spin Valis.
Europe’s Most Modern Kitchen Factory to Start production in 2024
SWEDEN – Nobia, one of the largest Kitchen furniture manufacturers in Europe, is building a unique production facility of more than 123 000 square metres, which is to become Europe’s most modern kitchen factory.
American Woodmark will invest USD 65 million to expand capacity in the U.S. and Mexico
USA – American Woodmark Corporation will increase its stock kitchen and bath cabinet capacity for east coast markets.
Cabinetworks Group Invests USD 23 million to Expand Plant
USA – Cabinetworks Group, the country’s largest independently owned manufacturer and distributor of kitchen and bath cabinetry, announced, in collaboration with the State of Pennsylvania, a plan to expand its Mount Union facility in Huntingdon County, Pennsylvania.
Intermeble signs Unilin License Agreement for Uniclic Technology for Furniture
POLAND – Unilin Technologies announced that furniture producer Intermeble has signed a license agreement for their click furniture technology.