Swiss Krono to expand in US
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. 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. Since establishing operations in Barnwell County in 2005, the company has ...
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