July 10, 2018
Kronospan to increase investment in Alabama expansion project to US$463 million
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 ...
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