Ashley Furniture Industries CEO Todd Waneck visited Ho Chi Minh City and Binh Duong to discuss the possibility of opening another factory in Binh Duong, as part of its plan to expand out of China and raise its employment in Vietnam from 4,000 at present to 10,000 workers by 2015.
He has worked with Pho Xinh CEO Duong Quoc Nam on a new plan for bilateral cooperation. The two companies recently signed in the US a memorandum of understanding (MoU) on joint investment cooperation worth US$10 million last July. A distribution centre for Ashley products will open in 2014 with a chain of home stores and galleries put up in Pho Xinh supermarkets across Vietnam.
Ashley Furniture Industries, Inc. is the largest manufacturer of furniture in the world. Established in 1945, Ashley offers one of the industry’s broadest product assortments to retail partners in 123 countries. From design, through fulfillment, Ashley continuously strives to provide you, our customer, with the best values, selection and service in the furniture industry. The groundwork was laid in 1970 for its historic transformation into manufacturing when Ron Wanek, Ashley’s current Chairman, opened a furniture plant in Arcadia, Wisconsin with 35 employees. Under the leadership of Ron Wanek and Todd Wanek, Ashley’s President and CEO since 2002, the family-owned company continues to invest and grow in the U.S. to meet the evolving needs of customers in more than 123 countries across the globe.
Using our internationally acclaimed in-house design team, we create the look without paying expensive design fees. Then, by adhering to some of the most efficient production standards in the world, we are able to maximize productivity and minimize waste, generating additional savings for you. Finally, all orders are filled from strategically located regional warehouses and are serviced by our own fleet of trucks , the largest in the industry.