Hangzhou, Zhejiang – Chinese upholstery manufacturer Jason Furniture, also known as Kuka Home, has started partial operation at its two plants in China and Vietnam, the company told UTECH-polyurethane.com in September.
Construction of its two plants has been kept on schedule, it said. It declined to disclose further details, but said it will make flexible foam as well as furniture parts at the locations.
The company broke ground for its new, second plant in Huanggang, Hubei, China in early 2021. It has capacity to make 120,000 standard units and 5m m3 of custom-made products.
Jason Furniture has invested CNY1bn ($154m), and expects the site to generate CNY1.5bn annual sales with nearly 12% profit margin. The plant is slated to come fully on stream in the first quarter of 2022.
The Vietnam Dong Xoai city plant broke ground at the end of 2020. Jason is investing CNY505m, and it is designed with annual capacity for 500,000 standard units, it said. Jason said that this will have annual sales of CNY1.7bn when fully operational by the end of 2025.
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