Vietnam TTF to Build US$30M Woodwork Plant in South Africa

Truong Thanh Furniture Corporation (TTF) will cooperate with South African partners to build a woodwork processing plant with total investment of US$30 million in Umshwathi city.

The firm will also pour investment into growing 10,000 hectares of material forests and setting up a 2,000-square meter woodwork product showroom in Kwazulu Natal province.

TTF, one of the leading furniture manufacturers in Vietnam with a total of eight factories in Ho Chi Minh City, Binh Duong, Dak Lak and Phu Yen, had revenues of more than VND1.9 trillion (US$100 million) in 2009.

Tags: Truong Thanh Furniture Corporation

Posted by VBN on Jul 28 2010. Filed under Industry. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry