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IKEA Partner Buys More Timberland

IKEA Partner Buys More Timberland

IKEA Partner Buys More Timberland       Ingka Group, a major franchise partner in the IKEA system, operating 380 IKEA stores in 31 countries, has acquired nearly 11,000 acres located in southeast Georgia near the Altamaha River Basin from The...

IKEA Will Close Lone U.S. Plant

IKEA Industry announced it will discontinue production at its Danville, Va. location in December. The plant, which has been in operation since 2008 and employs 300, produces wood-based furniture for its retail stores in the U.S. and Canada. Production will be moving...

IKEA Group Acquires 25,000 Acre Forest In Alabama

IKEA Group acquired its first U.S. forest property, covering approximately 25,000 acres in Lowndes County, Alabama. The investment in forestry is part of a broader strategy to invest in the sustainable production of resources that IKEA Group consumes directly, such as...