APWTrade part of growth plan
By Furniture Today Staff -- Furniture Today, September 30, 2001
SAN CARLOS, Calif. — World Bank Group member International Finance Corp. has taken a minority stake in furniture resource APWTrade, a move that will support rollout of a trade program designed to create economic opportunity in developing countries.
APWTrade is a contract manufacturer and sourcing company based in Singapore. It has offices in Cebu, the Philippines; China; and San Carlos.
The initial phase of the IFC/APWTrade program targets the Philippines and China, focusing on the furniture and household products industries.
APWTrade will offer small and midsized manufacturers in those countries a broad package of financial, operational and marketing assistance. Smaller manufacturers in APW's network of plants also can receive training for manufacturing planning and quality assurance.
Small and medium-sized manufacturers "are the lifeblood of their countries, creating jobs and raising the standard of living for thousands of people," said Javed Hamid, director of IFC's East Asia and Pacific Department. "We expect this program to expand within the region in the months ahead."
-
Flexsteel redesigns its furniture store galleries
Oct 17, 2010 -
Dymas new majority owner of Home Meridian
Jan 11, 2009 -
Singapore sources aim to boost U.S. exports
May 27, 2008
Specialty retailer LoveSac introduces new store design
Belfort Furniture, Lawrance Furniture are NHFA Retailers of Year
Kincaid Furniture honors Jimmy and Rosalynn Carter for Habitat work
Omnia Furniture ends relationship with Kathy Ireland Worldwide
Singapore furniture show expecting increased turnout
VIEW ALL GALLERIES
