SWEDEN – Ikea’s chief financial officer for Turkey Kerim Nisel has informed Reuters that the Swedish flatpack furniture supplier is to move more of its production to Turkey in response to increased shipping costs and problems with global supply chains.
Sara Armbruster Becomes Steelcase President and CEO
USA – Steelcase announced on Oct. 4, 2021, that Sara Armbruster has succeeded Jim Keane as president and chief executive officer.
Bjelin, to launch extensive furniture collection featuring Threespine click technology
SWEDEN – Bjelin Sweden AB has announced plans to join the click furniture revolution by utilising Välinge Innovation’s Threespine technology in a range of furniture in solid oak.
Colombian furniture exports grow 57.6% in 7M-2021
COLOMBIA – In the period January – July 2021 (7M-2021), Colombia exported wooden furniture for USD 26.34 million, representing a sharp improvement of 57.6 percent compared to the same period last year, when wooden furniture exports reached USD 16.71 million.
Wellborn Cabinet Inc Invests USD 15 million in Expansion
USA – Wellborn Cabinet Inc. announced a groundbreaking and expansion of its facilities in Ashland, Alabama.
HNI Corporation to Open Seating Manufacturing Facility in Mexico
USA – HNI Corporation announced it is opening a new office furniture manufacturing plant in Saltillo, Mexico.
RTA Muebles prepares the opening of its new factory in Cartagena
COLOMBIA – RTA Muebles, Colombia’s leading manufacturer of ready-to-assemble furniture, announced the opening of its second manufacturing unit on November 1.
Colombini Group acquires 60% of the Bontempi Casa Group
ITALIA – The Colombini Group, leader in Italy in the furnishing industry with its Rossana, Febal Casa, Colombini Casa, Offic’è and Colombini Group Contract brands, has acquired 60% of the Bontempi Casa Group.
Sauder expands its production capacity
USA – Sauder Woodworking, a leading manufacturer of RTA furniture, is leasing space in a brand new 9,000-square-meter spec building in the Fort Wayne, Indiana area that is expected to open and begin production in September.
Herman Miller and Knoll become MillerKnoll
USA – Herman Miller announced that, after completing the acquisition of Knoll, Inc., on July 19, 2021, the combined company will now operate as MillerKnoll.
Herman Miller and Knoll Shareholders Approve Merger-Related Proposals
USA – Herman Miller, Inc. and Knoll, Inc. announced that, at their respective special meetings held recently, Herman Miller and Knoll shareholders overwhelmingly approved their respective proposals required in order to consummate the pending acquisition of Knoll by Herman Miller.
Manufacturers in the RTA segment seek market share with new production capacity
USA – According to Furniture today Competition in the ready-to-assemble segment has intensified over the past 18 to 24 months as companies have taken steps to solidify their presence in the category with new plants, product lines and positioning in the marketplace.