- Ashley leaves Brazil
At the Market— Ashley Furniture has sold its case goods factory in southern Brazil, ending U.S. ownership of the largest furniture facility in South America. The factory in Sao Bento do Sul was bought by Pado, which consists of two holding companies with diverse interests that range from lock manufacturing ......
- Pado buys Ashley case goods factory in Brazil
Arcadia, Wis.— Ashley Furniture has sold its case goods factory in southern Brazil, ending U.S. ownership of the largest furniture plant in South America. The factory in Sao Bento do Sul was bought by Pado, which consists of two holding companies with diverse interests. A purchase price for the facility ......
- First Industrial Transacts Sale-Leasebacks with Danish Firm
First Industrial Realty Trust has acquired two industrial buildings from a Danish manufacturer of cleaning equipment in a sale-leaseback deal. In all, the deal involved about 705,000 square feet of manufacturing, warehouse and office space in two states.
- Brazil's Sierra targets U.S. with upholstery line
Gramado, Brazil— Full-line Brazilian manufacturer Sierra Furniture has introduced the Santofficio American Collection, a new upholstery program targeted at the U.S. market. Santofficio American, which debuted at the Salão do Móvel Brasil show here in March, includes 35 sofa models and 15 chairs with more than 600 fabrics available, including ......
- U.S. importers investing in Asian factories
High Point— For some importers, an investment or ownership stake in Asian furniture factories represents an investment in their own future. Along with having dedicated production space, they reap profits from the manufacturing side of the business. Here are snapshots of several key U.S. furniture importers and marketers that are ......
- How a Brazilian confectionery concept is being translated to the U.S. market.
Ricardo Marque didn't set out to uncover Latin American cultural differences in selling sweet treats--he meant to build on a successful Brazilian concept now franchised in the United States--Showcolate Fondue Express. But in doing that, he also got an education in key consumer taste and merchandising preferences that unlocked some ......
- Firms reap substantial savings in
Riverside.
Superform USA, Sabert Plastics, AFG Insulating. Trademark Plastics, Pepsi-Cola Bottling Company, AmericanMaid Plastics, Magnussen Presidential Furniture... What do all these companies have in common? Collectively they will save over $5,741,788 in electricity usage and equipment rebates by moving to Riverside along with taking advantage of other business incentives. The following ......