Monday, October 26, 2009
FURNITURE: Made in the USA
- F.O.B. Danville, Virginia
Swedish engineering made in the USA
The manufacturing division of IKEA called Swedwood has been operating a furniture factory in Danville, Virginia since 2008. Current employment is at about 200 positions with a plan to employ as many as 740 people as the facility expands.
Danville is just 50 miles north of High Point, NC. This is newsworthy now as another market wraps-up and it’s ironic that what was once the center of US furniture manufacturing has now shifted to a marketing and showroom complex with most of the products manufactured in Asia. At its peak this region produced as much as 50% of all bedroom furniture for the domestic market. There is still some furniture being produced here; Marsh Furniture Company and HDM Furniture employ about 1,000 workers combined but by far the largest employers now are banks and health insurance companies.
IKEA operates 300+ stores world wide with 37 in the United States and has annual sales of EUR € 23.0 billion or roughly USD $34.0 billion. Their business model offers us moderately priced, quality furniture some of which is now made in America. This should be both an inspiration and a wake-up call for US owned businesses to follow suit in reducing the unemployment problem across the country.
www.swedwood.com/
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment