HOMAG Group’s new reacTec panel laminating technology began running at the Polish production facilities of Swedwood, manufacturing arm of furniture giant IKEA. reacTec will be shown at Ligna 2013.
IKEA's worldwide sales increased by 9.5% to $4.2 billion for its fiscal year ended Aug. 31, 2012. But improved revenues hardly begin to tell IKEA's story - or better yet - saga of 2012.
GOK International, a Chinese wood furniture company, will develop an assembly and finishing plant in Danville, creating 300 jobs over the next three years, according to the Danville Industrial Development Authority (DIDA).
The Global Forest Coalition (GFC) has attacked international furniture retailer IKEA for allegedly participating in the logging of pine trees 200 to 600 years old in Karella located on Russia's western border.
The Global Forest Coalition charges Swedish-owned international furniture retailer, IKEA, is logging old-growth forests and other high conservation value forests in Russian Karelia through its subsidiary Swedwood.
Union workers at the Swedwood factory in Danville, VA, have approved a three-year contract with the IKEA furniture manufacturing plant. It is the group’s first collective bargaining agreement and is expected to go into effect upon signing.
HANNOVER, GERMANY -- Biesse plans to invest 40 million Euros ($58 million) over the next three years to build new manufacturing facilities to be closer to its customers in key global markets.
DARTMOUTH, NOVA SCOTIA -- Scanwood Canada Ltd., a manufacturer of ready-to-assemble furniture for IKEA, shut down operations last month and is making arrangements to liquidate its assets, including machinery and inventories.