{"id":76519,"date":"2018-10-09T10:15:16","date_gmt":"2018-10-09T10:15:16","guid":{"rendered":"https:\/\/tin.happy-projects.ro\/swiss-krono-expand-us\/"},"modified":"2025-09-19T08:49:08","modified_gmt":"2025-09-19T08:49:08","slug":"swiss-krono-expand-us","status":"publish","type":"post","link":"https:\/\/www.timberindustrynews.com\/ro\/swiss-krono-expand-us\/","title":{"rendered":"Swiss Krono to expand in US"},"content":{"rendered":"<div class=\"article-content\">\n<p>A $200+ million, 250,000 square-foot expansion of the Swiss Krono plant in Barnwell, South Carolina has been enabled by National New Markets Fund, The Innovate Fund, Dakotas America and SunTrust Community Capital, which allocated $17 million, $11.25 million, $10 million and $7 million, respectively, in New Markets Tax Credits.<\/p>\n<p>The project includes the construction of a new multi-density fiberboard manufacturing line, ancillary wood yard, energy plant and waste treatment facilities, and the installation of a fourth laminate flooring line.<\/p>\n<p>Since establishing operations in Barnwell County in 2005, the company has purchased 100% of the high and medium density fiberboard it uses from out of state sources. The addition of a multi-density fiberboard manufacturing line will allow Swiss Krono to vertically integrate its business, resulting in substantial operational cost savings. In addition, Swiss Krono will source its wood products locally.<\/p>\n<\/div>\n<h2 class=\"section-title\"><\/h2>","protected":false},"excerpt":{"rendered":"<p>A $200+ million, 250,000 square-foot expansion of the Swiss Krono plant in Barnwell, South Carolina has been enabled by National New Markets Fund, The Innovate Fund, Dakotas America and SunTrust Community Capital, which allocated $17 million, $11.25 million, $10 million &hellip; <a href=\"https:\/\/www.timberindustrynews.com\/ro\/swiss-krono-expand-us\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>","protected":false},"author":1,"featured_media":61151,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[4713],"tags":[3625,3252,3389],"class_list":["post-76519","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-companies-in-the-timber-industry","tag-swiss-krono","tag-us","tag-wood-based-panels","topic-wood-based-panels","area-north-america"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.9 - 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