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Strategies & Market Trends : China Warehouse- More Than Crockery

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To: RealMuLan who wrote (4298)1/31/2005 7:24:03 PM
From: RealMuLan  Read Replies (1) of 6370
 
New Classic sets big China plant

Thomas Russell -- Furniture Today, 1/31/2005 6:15:00 AM

RANCHO CUCAMONGA, Calif. -- The sourcing partner of case goods importer New Classic Home Furnishings here is building a massive, 3.6-million-square-foot manufacturing complex in Guangdong, China, that could employ 20,000 people.

The $150 million facility will be dedicated to New Classic and is being built by Yihua Timber Inds., a separately held corporation that supplies timber and furniture to Yihua International Group, parent of New Classic.

Construction began late last year, and the first of about eight main buildings is set to be complete in July. The entire facility should be finished in late 2006 or early 2007.

*For the complete story, see the January 31st print issue of Furniture/Today.

furnituretoday.com
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