or not, it looks like there is going to be a sofa shortage.
Who could ever have seen this coming
Blaine Wieland, president of Home
Hurricanes Katrina and Rita damaged chemical plants resulting
in a severe shortage of foam products used in the production of
furniture and bedding. Blaine Wieland, president of
Reserve, a small furniture manufacturer based in Fort Wayne,
furniture makers from coast to coast are suffering through the
most dramatic disruption in foam supplies and prices ever to hit
Wieland said, "We lost chemical ingredients suppliers, and
the processing plants that make the key components of
polyurethane foam had to go offline during the hurricane."
Wieland also claims a finished product shortage is possible.
"Believe it or not, it looks like there is going to be a sofa
shortage. Who could ever have seen this coming," he said.
Major manufacturers including La Z Boy and Serta have cited
foam shortages but claim to have enough supply to meet demand (see
La Z Boy story) (see Sealy
Wieland says when he can get foam, "they're demanding price
increases of 60%."
Wieland suggests that when furniture prices rise, demand for
the products will slacken.
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