The US–based company has decided to supplement its existing operations in Vermont, New Jersey, North Carolina and Mexico with the opening of a new factory in Honduras, which will supply the subsidiaries.
The company made the decision to invest in Honduras with the support of the country’s investment promotion agency, which helped the company in the process of evaluating the country as an investment destination.
An article on elheraldo.hn reads: "Ethan Allen Interiors Inc. is a leader in interior design and a quality furniture manufacturer and retailer.
Ethan Allen offers free interior design to its customers and sells a wide range of furniture and decorative accessories through www.ethanallen.com, as well as through a network of nearly 300 Design Centers in the United States. "
Source: elheraldo.hn
More on this topic
May 2011
Representatives from the American company Allen Global Inc. have expressed interest in installing a factory in the Industrial Park Free Zone.
Company representatives said that setting up a factory there would generate 400 direct jobs.
An article in El Heraldo online quotes "We are interested in learning about the port facilities and fiscal measures, including everything that has to do with the benefits of the Public Private Partnership (PPP) Law, said Corey Whitely the vice president of corporate affairs at Ethan Allen Global Inc."
May 2012
In Panama everything is growing in line with the economy, and consumption of products for building, decorating and furnishing are no exception.
Local businesses as Cochez, Doit Center and Novey are taking full advantage of the extraordinary opportunities presented by the development and construction boom in Panama.
May 2012
The export of furniture and wood products from Guatemala shows a growth of 25% from January to March 2012.
An improved U.S. economy is proving positive for the timber sector in Guatemala. The growth of exports from January to March 2012, is equivalent to $21 million.
"Ivar Pérez, Executive at the Furniture Manufacturers Committee (Cofama) of the Guatemalan Exporters' Guild and president of Muebles Sinai, agreed that the reactivation of the U.S. construction industry is favorable for Guatemala. As stated, the growing demand has caused inventories to become depleted and orders have increased," reported Prensalibre.com.
March 2012
The Expo-Decore mall, due to open in November, will have an area of more than 24,000 m2 and will be dedicated to all aspects of home decoration and furnishings.
The architect Roberto Roesch, real estate developer of Expo-Decore, said the mall will be ready in November and will cover more than 24,000 m2 of commercial space on nine hectares of land, with a further 6,000m2 to be added during the second phase of construction, reads an article on Elperiodico.com.gt.
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