Vinh Long to invest $15 million in a new furniture plant in Arkansas

Market: Furniture
19 April, 22:41
The Vietnamese furniture producer Vinh Long has announced a $15 million investment in a new furniture plant in Arkansas, the USA. It will be the first Vietnamese-owned manufacturing plant in the US. Vinh Long plans to produce particleboard furniture for Ikea and other retail customers in North America, ITTO reports.

The state of Arkansas will provide an incentive package to the company after it has hired the planned 75 employees for the manufacturing facility. Vinh Long cites sustainable supply of raw materials and local support as reasons for the investment.


Comments

To like this you need to register.
To do this, enter your name and email address.
Name:
Surname:
E-mail:
Sex:
If you are already registered
please enter your details here
To leave comments you need to register.
To do this, enter your name and email address.
Name:
Surname:
E-mail:
Sex:
If you are already registered
please enter your details here
We welcome comments that advance the story through relevant opinion and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Lesprom Network. For more information on our comment policy, see: http://www.lesprom.com/legal/comment_policy/
Back to top