Major upholstery resource ManWah is investing $150 million to purchase land, office buildings and construction of a manufacturing facility in Chongqing, China.

The new complex will serve as the company’s southwest headquarters and add almost 2.8 million square feet of manufacturing, bringing ManWah’s factory count to five with a total manufacturing footprint of more than 16 million square feet.

Company officials said this latest investment is needed for the company to keep pace with the steadily increasing demand for its upholstered goods. It does not include funding for machinery.

“Since our inception, we have always been committed to being a world-class producer that has continuous improvement as a cornerstone of our company. With that as our mandate and vision, we have a proud history of investing in order to bring our customers best of class products that help them and us maintain a competitive advantage in every market that we compete in,” said ManWah Chairman Wong Man Li.

Guy Ray, CEO of ManWah USA, added, “This ongoing investment not only supports our continued growth and expansion into new categories, but it also underscores our commitment to helping our retail partners to continually succeed in their respective markets.”

Established 25 years ago, Man Wah Holdings has developed into a global home furnishing company with more than 11,000 employees internationally and 1,966 retail franchisees in Asia.

(Source: furnituretoday.com)