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<\/span>Kronospan announced on Tuesday that it will begin construction of a new, state of the art, Oriented Strand Board (OSB) manufacturing plant on its 460 acre site in Oxford, Alabama.<\/p>\n The new facility, employing 125 associates, will have a footprint comprised of 44 acres of new development, including substantial areas designated for product storage, rail spur and loading docks. Groundbreaking for the new, $350 million USD, facility is slated for later this year.<\/p>\n \"We\u2019re very pleased to announce the next project at our Oxford site,\u201d says Hans Obermaier, CEO of Kronospan\u2019s North American companies. \u201cThis is not only an opportunity to further expand our portfolio of wood panel products in the United States but also meets our customers growing need for high quality construction materials. Just like the other plants on our site, the OSB plant will be constructed with our sustainability principles in mind and will further enhance our negative carbon footprint status.\"<\/p>\n This latest expansion is one of several new investments Kronospan has made in recent months. New equipment for the site include an extension of its existing Medium Density Fiberboard (MDF) press, a new water treatment plant, expansion of manufacturing capacities of its existing particleboard plant and the ongoing construction of a new wood yard. Capital projects of over $89 million USD have occurred in the last 6 months or are currently in progress at the Oxford site and signal a strong commitment to Calhoun County and the surrounding area by the wood panel manufacturer.<\/p>","protected":false},"excerpt":{"rendered":" Kronospan announced on Tuesday that it will begin construction of a new, state of the art, Oriented Strand Board (OSB) manufacturing plant on its 460 acre site in Oxford, Alabama. The new facility, employing 125 associates, will have a footprint … Continue reading