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July 12, 2018

Kronospan to invest US$463 million in Alabama expansion project

  Austrian wood-based panel producer Kronospan plans to increase the investment in their Oxford, Alabama expansion by US$101m to a total of US$463m.   The expansion was originally announced in mid-2016. The 2016 expansion project was supposed to encompass four projects: Two laminate flooring and decorative paper impregnation lines; that is, the base upon which decorative paper is placed to manufacture laminated flooring; a particleboard and thermally-infused laminate line; an expansion of its resin plant; development of the furniture cluster.  The project was originally slated to begin late 2016 and ...

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