Chinese Flooring Producer Enters Agreement with Välinge for Expansion
Chinese floor producer Jiangyin Funuo New Decoration Materials has entered into a global non-exclusive license agreement with Välinge for the use of the 2G and 5G locking systems in WPC and LVT/SPC flooring products. Funuo will produce WPC flooring with the locking systems, which are specifically for resilient products in order to provide fast and easy installation. The new products will be sold under the brand name FNOFLOR and will be produced in the company’s new production facility in Jiangyin City, Jiangsu Province, China.
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