{"id":787295,"date":"2026-07-27T12:44:26","date_gmt":"2026-07-27T12:44:26","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/787295\/"},"modified":"2026-07-27T12:44:26","modified_gmt":"2026-07-27T12:44:26","slug":"furniture-to-tech-lithuanias-economy-a-bright-spot-amid-trumps-tariffs","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/787295\/","title":{"rendered":"Furniture to tech: Lithuania&#8217;s economy a bright spot amid Trump&#8217;s tariffs"},"content":{"rendered":"<p>KLAIP\u0116DA, Lithuania \u2014 The Trump administration\u2019s tariffs increased prices for consumers and companies in Chicago and around the world, but Jurgita Radzevi\u010d\u0117\u2019s business has a cushion, thanks to some lucky timing.<\/p>\n<p>SBA Home, a Lithuanian furniture maker that supplies items for Ikea, opened a highly automated 500,000-square-foot factory last fall in Mocksville, North Carolina, outside Winston-Salem.<\/p>\n<p>Radzevi\u010d\u0117, the 45-year-old CEO of SBA Home, says even though the project was years in the making, the timing was perfect.<\/p>\n<p>The $70 million facility opened months after President Donald Trump announced his so-called <a class=\"Link\" href=\"https:\/\/chicago.suntimes.com\/money\/2025\/04\/02\/trump-liberation-day-tariffs-manufacturing-inflation-trade-wars\" target=\"_blank\" data-cms-ai=\"0\" rel=\"nofollow noopener\">\u201cLiberation Day\u201d tariffs<\/a> in April 2025, which included a 20% tax on imports from the European Union. The U.S. Supreme Court <a class=\"Link\" href=\"https:\/\/chicago.suntimes.com\/economy\/2026\/02\/20\/supreme-court-trump-sweeping-tariffs-john-roberts-economic-agenda\" target=\"_blank\" data-cms-ai=\"0\" rel=\"nofollow noopener\">ruled the tariffs illegal<\/a> in February, but Trump recently announced a new tariff plan that will levy 10% on EU goods.<\/p>\n<p>                            <a class=\"AnchorLink\" id=\"image-180000\" name=\"image-180000\" data-cms-ai=\"0\"\/><\/p>\n<p>    <img loading=\"lazy\" decoding=\"async\" class=\"Image\" alt=\"SBA Home CEO Jurgita Radzevi\u010d\u0117 at the furniture company\u2019s headquarters in Vilnius, Lithuania, on April 21.\"  width=\"840\" height=\"560\" src=\"https:\/\/cst.brightspotcdn.com\/dims4\/default\/3e35f2c\/2147483647\/strip\/true\/crop\/6492x4330+0+0\/resize\/840x560!\/quality\/90\/?url=https%3A%2F%2Fchorus-production-cst-web.s3.us-east-1.amazonaws.com%2Fbrightspot%2F6c%2F39%2Fae8f6ab4480fadbefacf46c9a518%2Flithuania-06xx26-311.JPG\" data-lazy-load=\"true\" bad-src=\"data:image\/svg+xml;base64,PHN2ZyB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciIHZlcnNpb249IjEuMSIgaGVpZ2h0PSI1NjBweCIgd2lkdGg9Ijg0MHB4Ij48L3N2Zz4=\"\/><\/p>\n<p>SBA Home CEO Jurgita Radzevi\u010d\u0117 at the furniture company\u2019s headquarters in Vilnius, Lithuania, on April 21.<\/p>\n<p>\u201cIt\u2019s a very nice coincidence about tariffs because when we started our journey, we still had Democrats in the White House, and nobody was talking about tariffs on such a scope,\u201d Radzevi\u010d\u0117 says.<\/p>\n<p>The company also has a 538,000-square-foot production facility, named Inno Line, in the Lithuanian port city of Klaip\u0117da, one of four SBA Home factories in Lithuania. She says its American investment was to bolster its supply chain.<\/p>\n<p>\u201cThat was the main issue \u2014 how to secure logistics and especially after the stories of COVID, when we had huge disruptions, and after the Suez Canal [closure] when we had a huge disruption. So, we understand that if we want to be fast, we need to be more in place,\u201d Radzevi\u010d\u0117 says.<\/p>\n<p>Another benefit is a smaller carbon footprint, since finished products don\u2019t have to travel as far.<\/p>\n<p>The North Carolina factory, which aims to employ 240 people, expects to produce about 450 pieces of furniture per hour for the North American market.<\/p>\n<p>If you\u2019ve wondered how the components for furniture you\u2019re assembling get that perfectly smooth, white finish, SBA Home\u2019s Inno Line plant in Klaip\u0117da provides the answer.<\/p>\n<p>In the highly automated factory, machines pick up particle board, slice it to calibrated sizes and send the pieces down the line to be wrapped in finishing material that\u2019s bonded at high heat.<\/p>\n<p>Robotic vehicles transfer the pieces of furniture from one station to the next, with flashing lights and beeps warning anyone in their path.<\/p>\n<p>Other machines help with quality control and packing for shipping.<\/p>\n<p>    <a class=\"AnchorLink\" id=\"gallery-5a000a\" name=\"gallery-5a000a\" data-cms-ai=\"0\"\/><\/p>\n<p>Rows of particle board at Inno Line, a 538,000-square-foot production facility in Klaip\u0117da, Lithuania. Inno Line is one of four SBA Home factories in Lithuania.<\/p>\n<p>                |<br \/>\n                Ashlee Rezin\/Sun-Times<\/p>\n<p>Inside the 538,000-square-foot production facility Inno Line located in Klaip\u0117da, Lithuania.<\/p>\n<p>                |<br \/>\n                Ashlee Rezin\/Sun-Times<\/p>\n<p>A worker demonstrates how furniture pieces are assembled, during a tour at Inno Line, a 538,000-square-foot production facility in Klaip\u0117da, Lithuania, on April 22. Inno Line is one of four SBA Home factories in Lithuania.<\/p>\n<p>                |<br \/>\n                Ashlee Rezin\/Sun-Times<\/p>\n<p>Rows of particle board with wooden dowl pins on the end can be seen at Inno Line, a 538,000-square-foot production facility in Klaip\u0117da, Lithuania, on April 22. Inno Line is one of four SBA Home factories in Lithuania.<\/p>\n<p>                |<br \/>\n                Ashlee Rezin\/Sun-Times<\/p>\n<p>Automated machines build furniture components at Inno Line, a 538,000-square-foot production facility in Klaip\u0117da, Lithuania, on April 22.<\/p>\n<p>                |<br \/>\n                Ashlee Rezin\/Sun-Times<\/p>\n<p>An employee works on the automated machines that build furniture components at Inno Line, a 538,000-square-foot production facility in Klaip\u0117da, Lithuania, on April 22. Inno Line is one of four SBA Home factories in Lithuania.<\/p>\n<p>                |<br \/>\n                Ashlee Rezin\/Sun-Times<\/p>\n<p>Automated machines build furniture components at Inno Line, a 538,000-square-foot production facility in Klaip\u0117da, Lithuania, on April 22.<\/p>\n<p>                |<br \/>\n                Ashlee Rezin\/Sun-Times<\/p>\n<p>An employee works on the automated machines that build furniture components at Inno Line, a 538,000-square-foot production facility in Klaip\u0117da, Lithuania, on April 22. Inno Line is one of four SBA Home factories in Lithuania.<\/p>\n<p>                |<br \/>\n                Ashlee Rezin\/Sun-Times<\/p>\n<p>Trucks pull into the Inno Line production facility in Klaip\u0117da, Lithuania, on April 22.<\/p>\n<p>                |<br \/>\n                Ashlee Rezin\/Sun-Times<\/p>\n<p>The Inno Line production facility in Klaip\u0117da, one of four SBA Home factories.<\/p>\n<p>                |<br \/>\n                Provided by SBA Home<\/p>\n<p>The Inno Line production facility in Klaip\u0117da, one of four SBA Home factories.<\/p>\n<p>                |<br \/>\n                Provided by SBA Home<\/p>\n<p>Outside SBA Home\u2019s headquarters in Vilnius, Lithuania.<\/p>\n<p>                |<br \/>\n                Ashlee Rezin\/Sun-Times<\/p>\n<p>A forested area near Kazl\u0173 R\u016bda, Lithuania.<\/p>\n<p>                |<br \/>\n                Ashlee Rezin\/Sun-Times<\/p>\n<p>Chopped down trees can be seen in a forested area near Kazl\u0173 R\u016bda, Lithuania, on April 22.<\/p>\n<p>                |<br \/>\n                Ashlee Rezin\/Sun-Times<\/p>\n<p>Chopped down trees can be seen in a forested area near Kazl\u0173 R\u016bda, Lithuania, on April 22.<\/p>\n<p>                |<br \/>\n                Ashlee Rezin\/Sun-Times<\/p>\n<p>Chopped down trees can be seen in a forested area near Kazl\u0173 R\u016bda, Lithuania, on April 22.<\/p>\n<p>                |<br \/>\n                Ashlee Rezin\/Sun-Times<\/p>\n<p>Furniture factories are scattered throughout Lithuania, some more modern than others. Ikea has a large branded factory in Kazl\u0173 R\u016bda, a town of about 5,400 people in a forested area southwest of Kaunas.<\/p>\n<p>Mantas Vara\u0161ka, mayor of Kazl\u0173 R\u016bda, says the U.S. tariffs upended established trading relationships and harmed everyone.<\/p>\n<p>\u201cIt makes all the world unstable, including those small countries like Lithuania or other Baltic countries,\u201d Vara\u0161ka, 47, says.<\/p>\n<p>Companies like Ikea plan several years ahead for production and logistics, including shipping by rail, trucks and planes.<\/p>\n<p>\u201cSo, imagine how it changes the traffic, especially because of American tax decisions, when \u2026 Ikea has to rethink all its producing strategy for three years. And of course, it affects us because if there are some changes going in production lines, in technology equipment, they are interrupting the production work for two months, for three months, they are [downsizing to] one shift. That means that people are losing their jobs, or that people are receiving less money for two or three months,\u201d he says.<\/p>\n<p>Radzevi\u010d\u0117 says between the tariffs and increased oil prices from the Iran War, \u201cnobody is giving you any time to prepare. That means this is the new normal in our business environment \u2014 you need to be extremely fast, extremely dynamic.\u201d<\/p>\n<p>                            <a class=\"AnchorLink\" id=\"image-da0000\" name=\"image-da0000\" data-cms-ai=\"0\"\/><\/p>\n<p>    <img loading=\"lazy\" decoding=\"async\" class=\"Image\" alt=\"Mantas Vara\u0161ka, mayor of Kazl\u0173 R\u016bda, sits for a portrait outside.\"  width=\"840\" height=\"560\" src=\"https:\/\/cst.brightspotcdn.com\/dims4\/default\/80f1cee\/2147483647\/strip\/true\/crop\/6772x4517+0+0\/resize\/840x560!\/quality\/90\/?url=https%3A%2F%2Fchorus-production-cst-web.s3.us-east-1.amazonaws.com%2Fbrightspot%2F9c%2F50%2Fcdb2cbb04bd8a6795dd1f5e37242%2Flithuania-06xx26-313.JPG\" data-lazy-load=\"true\" bad-src=\"data:image\/svg+xml;base64,PHN2ZyB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciIHZlcnNpb249IjEuMSIgaGVpZ2h0PSI1NjBweCIgd2lkdGg9Ijg0MHB4Ij48L3N2Zz4=\"\/><\/p>\n<p>Mantas Vara\u0161ka, mayor of Kazl\u0173 R\u016bda, sits for an interview with the Chicago Sun-Times on April 22, outside the city\u2019s Tourism and Business Information Center in southern Lithuania.<\/p>\n<p>    Baltic Silicon Valley<\/p>\n<p>Lithuania\u2019s economy took off after it joined the EU. By 2007, its gross domestic product was growing by 11.1% a year, according to the World Bank Group.<\/p>\n<p>Growth has slowed in recent years to around 3%, but foreign investment continues to pour in.<\/p>\n<p>While Lithuania has a long history of furniture-making, thanks to its pine, spruce and birch forests covering about one-third of its land, it\u2019s also known for fintech startups and laser production.<\/p>\n<p>The country of 2.8 million people has six unicorn companies, or businesses valued at more than $1 billion, and its capital Vilnius is called the Baltic Silicon Valley.<\/p>\n<p>\u201cWe\u2019re a small country, so we can\u2019t really mass-produce something for the entire world. We just don\u2019t have the capacity. But services is where we are really good, and financial services is one of them,\u201d says Tadas Vizgirda, 57, managing director of payment processor Shift4 Payments.<\/p>\n<p>                            <a class=\"AnchorLink\" id=\"image-990000\" name=\"image-990000\" data-cms-ai=\"0\"\/><\/p>\n<p>    <img loading=\"lazy\" decoding=\"async\" class=\"Image\" alt=\"Tadas Vizgirda, 57, managing director of payment processor Shift4 Payments, stands in the company\u2019s headquarters in Vilnius, Lithuania, on April 13.\"  width=\"840\" height=\"560\" src=\"https:\/\/cst.brightspotcdn.com\/dims4\/default\/8ad55e7\/2147483647\/strip\/true\/crop\/7438x4961+0+0\/resize\/840x560!\/quality\/90\/?url=https%3A%2F%2Fchorus-production-cst-web.s3.us-east-1.amazonaws.com%2Fbrightspot%2Ffe%2Feb%2Fba6c679f40dea534f80b897241e0%2Flithuania-06xx26-314.JPG\" data-lazy-load=\"true\" bad-src=\"data:image\/svg+xml;base64,PHN2ZyB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciIHZlcnNpb249IjEuMSIgaGVpZ2h0PSI1NjBweCIgd2lkdGg9Ijg0MHB4Ij48L3N2Zz4=\"\/><\/p>\n<p>Tadas Vizgirda, 57, managing director of payment processor Shift4 Payments, stands in the company\u2019s headquarters in Vilnius, Lithuania, on April 13.<\/p>\n<p>    <a class=\"AnchorLink\" id=\"html-embed-module-730000\" name=\"html-embed-module-730000\" data-cms-ai=\"0\"\/><\/p>\n<p>Vizgirda grew up in California, married a Lithuanian woman and moved to Vilnius in the early \u201890s. He says the fintech sector took off about 10 years ago, when Lithuania loosened its banking rules, and international companies found a highly educated population with young workers who speak English.<\/p>\n<p>\u201cWe are a small nation that is just super positive. We\u2019re glowing,\u201d he says.<\/p>\n<p>Edvinas Grik\u0161as, Lithuania\u2019s minister for economy and innovation, says the country long ago shed its image as a cheap labor company.<\/p>\n<p>\u201cWe are becoming a technology-based, high added value-based country,\u201d he says.<\/p>\n<p>At 35, Grik\u0161as is the youngest member of the governing cabinet. He\u2019s proud of its tech sector and its growing artificial intelligence presence. His ministry has a \u201c3i\u201d strategy, meaning innovation, investments and institutions.<\/p>\n<p>It could soon add a fourth \u201ci&#8221;: India.<\/p>\n<p>The EU and India recently reached a free trade agreement, and Lithuanian access to India\u2019s market of 1.4 billion people could make up for some of the trade hiccups caused by the U.S.<\/p>\n<p>\u201cCooperation with India is very important and not only in traditional industry,\u201d Grik\u0161as says. \u201cThey are very interested in our laser sector, in our biotechnology achievement, gene therapy. We are among the top countries globally in those kinds of achievements.\u201d<\/p>\n<p>But Grik\u0161as is mindful of Lithuania\u2019s less urban areas, where more traditional industries still hold sway. The country\u2019s goal is to send at least 30% of government investment toward less developed regions.<\/p>\n<p>\u201cWe see this as an opportunity to grow, to raise all our economy \u2014 not only in the biggest cities,\u201d he says.<\/p>\n<p>                            <a class=\"AnchorLink\" id=\"image-180000\" name=\"image-180000\" data-cms-ai=\"0\"\/><\/p>\n<p>    <img loading=\"lazy\" decoding=\"async\" class=\"Image\" alt=\"Minister of the Economy and Innovation Edvinas Grik\u0161as sits behind a desk.\"  width=\"840\" height=\"560\" src=\"https:\/\/cst.brightspotcdn.com\/dims4\/default\/96e31ef\/2147483647\/strip\/true\/crop\/7412x4944+0+0\/resize\/840x560!\/quality\/90\/?url=https%3A%2F%2Fchorus-production-cst-web.s3.us-east-1.amazonaws.com%2Fbrightspot%2F08%2Fd8%2Fa7ecc0574bffa8a3e0c0982f53a6%2Flithuania-06xx26-315.JPG\" data-lazy-load=\"true\" bad-src=\"data:image\/svg+xml;base64,PHN2ZyB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciIHZlcnNpb249IjEuMSIgaGVpZ2h0PSI1NjBweCIgd2lkdGg9Ijg0MHB4Ij48L3N2Zz4=\"\/><\/p>\n<p>Minister of the Economy and Innovation Edvinas Grik\u0161as sits for an April 13 interview with the Chicago Sun-Times at the department\u2019s headquarters in Vilnius, Lithuania.<\/p>\n","protected":false},"excerpt":{"rendered":"KLAIP\u0116DA, Lithuania \u2014 The Trump administration\u2019s tariffs increased prices for consumers and companies in Chicago and around the&hellip;\n","protected":false},"author":2,"featured_media":787296,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[36],"tags":[28,101],"class_list":["post-787295","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/787295","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=787295"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/787295\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/787296"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=787295"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=787295"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=787295"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}