Lacquer Craft Forming Hospitality Division

Posted by MCC on April 20th, 2010 at 07:00am

Lacquer Craft Furniture has announced that it will be entering into the hospitality business with a brand new division, Lacquer Craft Hospitality. Lacquer Craft is one of the largest manufacturers in China has projected that the new addition will help to generate as much as $75 million in sales over the next three to five years.

The initial efforts will be focused toward selling hospitality furnishings to 4 and 5 star hotels located throughout the United States. However, plans include entering into the market in Asia, the Middle East, Europe and other international areas.

Mohamad Amini, Lacquer Craft President said that the company has been considering entering the hospitality market for several years. The project was put on the back burner because the company’s residential division had been seeing such strong growth.

Under Furniture News