China : Furniture Industry
PROJECT OF ANNUAL OUTPUT 100000M2 HIGH GRADE SERIES FURNITURE COUNTRY CHINA REGION SHANXI PROVINCE APPROVED BY CATEGORY MACHINE & ELECTRONIC TOTAL INVESTMENT 12.50 MILLION U.S.DOLLARS PUBLISHED DATE APRIL 13, 2009
The Project Of Annual Output 100000m2 High Grade Series Furniture Of Shanxi Furun Furniture Company Ltd
1. Project Name: The Project of Annual Output 100000m2 High Grade series Furniture of Shanxi Furun Furniture Company Ltd.
2. Declaration Unit: Shanxi Furun Furniture Company Ltd.
3. Brief Introduction of the Declaration Unit The Company was set up in 1994. The enterprise is a limited-liability company and its registered capital is 10million Yuan. The business range of the company is producing and selling steel and wood furniture. Now it has 220 workers and staffs, the technicians is 80% of the total number of the workers and staffs. The commercial trade mark “Furun” gained famous commercial trade mark of Shanxi province.
4. General Situation of the Project Content of the Project:
The place of the project selected is located in Private Operated Enterprise Science & Technology Land, Jinzhong Economic Technology Developing Area of Shanxi Province. The company is belong to light industry processing. It is a new project. The company invested a large number of money to purchase a complete set of production equipment for processing Europe furniture, including the best quality furniture manufacturing equipment made by Biyas Company of Italy and Homey Company of Germany and the company has advanced production process and its technology is in the lead in China.
Estimated Investment of the Project: The total investment of the project is 12.50 million U.S.dollars including 6.875 million U.S.dollars invested by the company itself and 5. 625 million U.S.dollars invested by the other party (parties).
Construction Scale of the Project: The design capacity of the project is annual output 50000m2 door and furniture and 50000m2 other series decorative products. There is no gthree kinds of waste h during the process of production and has passed evaluation and approved by environment protection of Shanxi province.
The exact task of the project: The land of the project occupied is 60mu, the building area is about 23000m2, some of the production equipment are outsourcing. There are 3 workshops to be built, which are mainly used to produce series products of solid wood furniture, solid wood door and window. The construction period of the project is 14 months.
Situation of Necessary Accessories Condition: The place of the project selected is located in Private Operated Enterprise Science & Technology Land, Jinzhong Economic Technology Developing Area. The construction of the necessary infrastructure of power supply, water supply, drainage, communication and central heating has been finished in the area.
Market Forecast and Benefit Analysis After Finishing the Project: There are about 2500000000m2 furniture market every year in China, 500000000m2 door and window market, 500000000m2 potential furniture market and 100000000m2 latent market of bedroom door. Furun can produce 50 kinds of furniture and door like products