Monday, September 08, 2014

North American furniture industry Anticipates Growing Investments

Investment activity has become much brisker in the North American furniture industry over the past few months after a lull lasting several years. Upholstered furniture producers had launched the first major projects last year. Manufacturers of cabinets, living room and bedroom furniture, wardrobes and ready-to-assemble furniture are now also investing more in new machinery and plants.

This upturn in investment interest also encouraged a much larger number of people to attend the International Woodworking Fair (IWF), which took place in Atlanta, Georgia from 20 to 23 August 2014. European woodworking machinery producers setting up stands at the fair had experienced rising order intake from the North American furniture industry over the past few months. This trend looks set to intensify in the remainder of this year.

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