ALNO AG Expands Presence in USA
Opens showroom in Miami in June 2013; In kitchens, U.S. manufacturing is a key strategy Export market; CEO Max Müller: "We want our kitchens in the world's largest market"
New York, NY, May 01, 2013 --(PR.com)-- ALNO AG ("ALNO"), a leading kitchen manufacturer in Germany strengthened its presence in the U.S. market and is opening a showroom in Miami, Florida, June 2013. ALNO has established its own subsidiary as well as a separate kitchen studio in the United States in New York in January 2012.
ALNO’s 3,500 square foot corporate showroom in Miami’s Design District is located at 3650 N. Miami Avenue, Miami, Florida. The design showroom caters to residential and commercial kitchen and other cabinet projects to meet South Florida’s increasing demand for interior renovations and construction.
The kitchen market has sold 4.6 million kitchens annually and is still the largest in the world. Residential construction has, especially in the regions New York and Miami, risen considerably. After a six-year lull, the overall market now shows clear signs of a strong turnaround.
Max Muller, CEO of ALNO AG said, "The U.S. is an important strategic market with enormous sales potential that we want a presence in. ALNO USA Corporation's own subsidiaries, commercial business and trade partnerships and sales, is still in progress.”
The successful launch of the showroom in New York is an example of the company’s movement: "We have quickly received a large, high-profile order right after opening," said ALNO AG COO, Elmar Duffner. “We are optimistic that we will also be successful in South Florida."
The prestigious order placed with ALNO includes kitchens for 100 condos and penthouses a luxury project on Broadway, not far from the new World Trade Center. The price per condominium starts at 1.2 million U.S. dollars.
In the U.S. in 2012, residential building permits increased in comparison to the previous year by 28.8 percent. Experts predict that in the context of recovery in building, the overall market for kitchen and storage units in the U.S. will grow 8.2 percent annually until 2016, kitchen cabinets being the leader in this category. The market volume is set to rise to $12.6 billion U.S. dollars, an increase of 51.8 percent compared since 2011.
After the recent success in the export business in France and Dubai, alongside the U.S., ALNO is expanding in China and Russia. Especially the latter increase potential and is promising. German furniture exports to China (+12%) and Russia (+19%) have grown in the period from January to November 2012.
Whether through its own subsidiaries, joint ventures or trading partners: "For us, export is consistently a central pillar in our growth strategy that we will strengthen," said ALNO CEO Max Müller. ALNO therefore expects further growth planned for additional foreign financing, which, among other things, will include the issuance of a bond. The goal is to expand the proportion of foreign sales to more than 40 percent.
ALNO’s showroom will be open from Monday through Saturday 9a.m. until 6p.m. For more information please refer to: www.alno.com.
About ALNO AG
ALNO AG is one of the leading kitchen furniture manufacturers in Germany and is fourth in manufacturing in Europe. The company employs more than 1,800 people worldwide and has major factories in Enger, Brilon and Coswig. In addition to the four production sites in Germany, it has three subsidiaries in other countries. ALNO AG has production site in Dubai, UAE, which was established in 2005. This makes ALNO AG the first kitchen manufacturer in Europe to have a production facility in the Middle East specifically for local market requirements. ALNO AG also has co-operations with 6,000 sales partners in 64 countries. With an annual turnover of approximately 446 million Euros in 2012, ALNO AG is Germany’s second largest and Europe’s fourth largest kitchen manufacturer. Surveys have confirmed that ALNO AG is the most well-known furniture brand in Germany.
ALNO’s 3,500 square foot corporate showroom in Miami’s Design District is located at 3650 N. Miami Avenue, Miami, Florida. The design showroom caters to residential and commercial kitchen and other cabinet projects to meet South Florida’s increasing demand for interior renovations and construction.
The kitchen market has sold 4.6 million kitchens annually and is still the largest in the world. Residential construction has, especially in the regions New York and Miami, risen considerably. After a six-year lull, the overall market now shows clear signs of a strong turnaround.
Max Muller, CEO of ALNO AG said, "The U.S. is an important strategic market with enormous sales potential that we want a presence in. ALNO USA Corporation's own subsidiaries, commercial business and trade partnerships and sales, is still in progress.”
The successful launch of the showroom in New York is an example of the company’s movement: "We have quickly received a large, high-profile order right after opening," said ALNO AG COO, Elmar Duffner. “We are optimistic that we will also be successful in South Florida."
The prestigious order placed with ALNO includes kitchens for 100 condos and penthouses a luxury project on Broadway, not far from the new World Trade Center. The price per condominium starts at 1.2 million U.S. dollars.
In the U.S. in 2012, residential building permits increased in comparison to the previous year by 28.8 percent. Experts predict that in the context of recovery in building, the overall market for kitchen and storage units in the U.S. will grow 8.2 percent annually until 2016, kitchen cabinets being the leader in this category. The market volume is set to rise to $12.6 billion U.S. dollars, an increase of 51.8 percent compared since 2011.
After the recent success in the export business in France and Dubai, alongside the U.S., ALNO is expanding in China and Russia. Especially the latter increase potential and is promising. German furniture exports to China (+12%) and Russia (+19%) have grown in the period from January to November 2012.
Whether through its own subsidiaries, joint ventures or trading partners: "For us, export is consistently a central pillar in our growth strategy that we will strengthen," said ALNO CEO Max Müller. ALNO therefore expects further growth planned for additional foreign financing, which, among other things, will include the issuance of a bond. The goal is to expand the proportion of foreign sales to more than 40 percent.
ALNO’s showroom will be open from Monday through Saturday 9a.m. until 6p.m. For more information please refer to: www.alno.com.
About ALNO AG
ALNO AG is one of the leading kitchen furniture manufacturers in Germany and is fourth in manufacturing in Europe. The company employs more than 1,800 people worldwide and has major factories in Enger, Brilon and Coswig. In addition to the four production sites in Germany, it has three subsidiaries in other countries. ALNO AG has production site in Dubai, UAE, which was established in 2005. This makes ALNO AG the first kitchen manufacturer in Europe to have a production facility in the Middle East specifically for local market requirements. ALNO AG also has co-operations with 6,000 sales partners in 64 countries. With an annual turnover of approximately 446 million Euros in 2012, ALNO AG is Germany’s second largest and Europe’s fourth largest kitchen manufacturer. Surveys have confirmed that ALNO AG is the most well-known furniture brand in Germany.
Contact
ALNO USA
Nathalie Birkenfeld
212.688.8088
www.alno.com
Nathalie Birkenfeld
212.688.8088
www.alno.com
Contact
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