Furniture Orders Moving to Other Sources Other than China
While the protracted Trade War with China might be showing some easing, the long term prognosis is still “cloudy” as to whether we have seen the worst regarding the ongoing negotiations. The combination of existing anti-dumping duties on bedroom furniture and the increased 301 duties of 10% in place now, with a potential increase to 25% in the next 90 days, makes ordering case goods from a Chinese source a potential risk that some hospitality clients are unwilling to face. And, with American sources nearing capacity, at higher pricing, the situation has never been better for other consistent and credible supply chain options to be strongly considered.
Now, Owner’s Representatives, Purchasing Agents and Project Managers are heeding the suggestion of hotel project owners to find predictable and confirmable pricing for upcoming projects, but not giving up the certainty of buying high quality products from well-known and reputable supply chains, managed by proven hospitality resources, like MGroup™.
Our furniture supply chains for MGroup™ are in China, Vietnam and Eastern Europe, offering a unique and buyer-friendly level of confidence that east coast, west coast or International projects, MGroup™ has the credible, consistent supply chain to get orders shipped on spec, on time.
From 150 room 3 star limited service projects, being produced on the most modern and technically advanced production lines in Croatia to 1,000 plus room orders being produced in Vietnam, MGroup™ offers excellent pricing and global product reach.
Shown here is a recent inspection tour for a major international client, touring MGroup’s strategic partner, Gainwell’s factory location inVietnam.
Call us today at (706) 350-4300 or email hannah.scaife@mgroupcorp.com and let our team provide the consistency and the peace of mind to provide you with products you trust, at competitive global rates.