Infinity Hospitality Sourcing has recently made major changes

From Infinity Hospitality Sourcing

August 08, 2022

Press Release

Major Announcement

Infinity Hospitality Sourcing has recently made major changes which will positively impact all of it's clients. As of August 1st 2022 , IHS will no longer manufacture furniture nor lighting in Asia. China's “zero COVID” policy has been shutting down production facilities throughout the region. The furniture supply chain is busted, and not just because of the pandemic. Extended delivery windows for furniture have become common as the global economy has begun to shake off its pandemic sleepies, with kinks emerging up and down the supply chain. All the while, shortages of various raw materials, transportation issues, and labor shortfalls are leaving many manufacturers and retailers in a pinch—and sometimes completely out of luck. In terms of materials, foam and lumber shortages etc., are seriously impeding furniture supply chains. Transporting raw materials, components, and finished products has also been an issue for international furniture supply chains. Imports from Asia—China in particular—have been held up due to the pandemic and are soaring in price. Not to mention, the constant delays and congestion's at the ports and the current financial crisis as citizens scatter to withdraw their savings from the banks. With this being said, we are moving all of our production to Mexico and Canada and have worked diligently this past year securing new partnerships and analyzing their production capabilities, everything from mass production to logistics. IHS is finally ready to move in a different direction and is proud to announce such wonderful news.

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