Swiss Krono Group Plans $230 Million Manufacturing Plant Expansion In Barnwell, South Carolina
12/23/2015
In an effort to meet increased customer demand, Swiss Krono Group is expanding its existing KronotexUSA facility located at 810 Technology Drive in Barnwell. This expansion will allow KronotexUSA to produce 300,000 cubic-meters of HDF per year, which the company will use for laminate flooring manufacturing operations and sell to furniture, cabinet, fixture, door and other wood-based manufacturers. In total, the project will increase the company’s annual laminate flooring capacity by an additional 8 million square-meters.
“South Carolina has been a great investment partner for European countries. We appreciate the collaborative efforts of South Carolina Governor Nikki Haley and our many partners, including Barnwell County governmental agencies. Their patience, perseverance and continuous support have been and will continue to be instrumental in the future success of our South Carolina operations,” said Max Von Tippelskirch, Member of the Swiss Krono Group Management Board.
“We’ve been very happy with the quality of the workforce talent here in South Carolina. And we’re delighted to be able to employ more Americans here in Barnwell and grow our exceptional relationship with the local people, businesses and government,” Norm Voss, Former CEO and Member of the Board of Directors of Kronotex USA Holdings, Inc. added.
Preliminary engineering has been completed and construction is expected to start by mid-2016, with HDF operations to begin by the summer of 2018. Once completed, this expansion will increase KronotexUSA’s Barnwell County’s workforce to 275 employees.
As an incentive, the Coordinating Council for Economic Development has approved job development credits, as well as a $1 million Rural Infrastructure Fund grant to Barnwell County to assist with the costs of real property improvements related to the project.
“To have a great international company like Swiss Krono Group continue to grow, succeed and invest in our state proves that the Team South Carolina approach to economic development is working. This $230 million investment, and the 105 new jobs it will create, is a real reason to celebrate, and we look forward to seeing the impact that this company will continue to have across our state,” Governor Nikki Haley said.
“Kronotex USA has provided hundreds of direct and indirect jobs in our area over the last decade. We congratulate Kronotex on their phenomenal growth at the Barnwell facility. This announcement is a great way to end the year and to kick-off 2016 for our region,” explained SouthernCarolina Alliance Chairman Buddy Phillips.
Project Announcements
Zekelman Industries Expands Blytheville, Arkansas, Operations
04/19/2024
Fibrebond Corporation Expands Webster Parish, Louisiana, Operations
04/19/2024
Master Steel Expands Hardeeville, South Carolina, Operations
04/19/2024
L3Harris Technologies Expands Orange County, Virginia, Operations
04/18/2024
Republic Airways Holdings Plans Tuskegee, Alabama, Training Operations
04/18/2024
South Africa-Based Radel Plans Winston-Salem, North Carolina, Operations
04/18/2024
Most Read
-
2023's Leading Metro Locations: Hotspots of Economic Growth
Q4 2023
-
2023 Top States for Doing Business Meet the Needs of Site Selectors
Q3 2023
-
38th Annual Corporate Survey: Are Unrealized Predictions of an Economic Slump Leading Small to Mid-Size Companies to Put Off Expansion Plans?
Q1 2024
-
Manufacturing Momentum Is Building
Q1 2024
-
Making Hybrid More Human in 2024
Q1 2024
-
20th Annual Consultants Survey: Clients Prioritize Access to Skilled Labor, Responsive State & Local Government
Q1 2024
-
Public-Private Partnerships Incentivize Industrial Development
Q1 2024