by Web Editor | Aug 3, 2016 | News
Kronospan Plans $362 Million Expansion In Alabama
Kronospan announced plans for a $362 million expansion of its operations in Oxford, Ala. The expansion will consist of four projects: two laminate flooring and decorative paper impregnation lines; a particleboard and thermally infused laminate line; an expansion of the KronoChem resin plant; and development of a furniture cluster. Kronospan plans to hire an additional 160 persons for its workforce. Startup for the expansion projects will roll out from late 2016 through 2018.
“We sincerely appreciate the State of Alabama, acting through the Dept. of Commerce, the city of Oxford and Calhoun County, for supporting our expansion project and making it a reality,” comments Tim Pack, CFO of Kronospan. Once the expansion project is completed, Kronospan will have invested $650 million and will employ more than 270 at its Oxford operations. Kronospan will utilize the services of the local Alabama Career Center to recruit for the expansion. Hiring will be undertaken in phases and include a job fair in the near future.
Kronospan is a leading manufacturer of wood-based panel products and related value-added products. The company is privately owned, with more than 40 manufacturing and distribution sites throughout the world.
In 2008, Kronospan started up operations at Oxford where it currently manufactures MDF, HDF and resins. Notwithstanding very difficult market conditions in the housing industry, Kronospan has maintained its level of employment at the Oxford facility since startup.
In December 2015, Kronospan made another significant investment in the United States when it acquired Clarion Industries in Shippenville, Pa. Clarion Industries produces MDF, HDF and laminate flooring. The Pennsylvania operations employ 320.
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by Web Editor | Jun 8, 2016 | News
Eastern Engineered Wood Products, Bethlehem, Pa., has formed a new business unit, eWood-LINK, focused on turning the Northeastern wholesaler into a national distributor.
eWood-LINK will sell EEWP’s StructurePRO and other national brands of engineered wood and related products to pro dealers, component manufacturers, and wholesalers throughout the U.S.
Brian Pershyn, 44-year industry veteran and longtime outside sales rep with EEWP, leads the new sales initiative.
“We think this is an important time to expand our footprint,” states Todd Lindsey, president of EEWP. “We are excited about the opportunity to introduce our brands and our unique value proposition to customers in new markets.”
Eastern Engineered Wood Products incorporated in Pennsylvania in 1998. The company designs and distributes structural floor and roof systems to the professional contractor trade through a network of retail lumber yards and truss manufacturers. The company’s services include technical design and CAD services, cutting product to size for application on individual projects, and just-in-time delivery.
From Building-Products.com: https://www.building-products.com/June-2016/Eastern-Engineered-Wood-Products-Expands-Nationwide/
by Web Editor | Oct 5, 2015 | News
Oak Hill Veneer Inc. will invest almost $2 million to expand its operations in Troy, PA. When completed, the spliced hardwood veneer manufacturer said it expects to add 73 full-time jobs over the next three years, more than double its current size of 62 employees.
Plans call for the construction of a 15,000-square-foot building and adding a new line of veneer splicing equipment. In addition, the company said it will lease a nearby 35,000-square-foot building where it will install a new line of manufacturing equipment to produce veneer board. News of the expansion was announced Sept. 30.
Oak Hill Veneer is one of 18 companies owned by Spanish wood products firm Grupo Losan. Founded in 2008, Oak Hill Veneer specializes in cutting and splicing various thicknesses of veneer in a variety of species, including oak, cherry, maple and walnut, in accordance with Forest Stewardship Council (FSC) certification requisites, according to the corporate website.
“Oak Hill Veneer, Inc. is very excited about our upcoming expansion project,” said Amy Jackson, project coordinator. “This project has been months in the making and we are finally able to make an idea a reality. The state’s assistance will be used towards the purchase of the new equipment and to help with the construction of the new building at the Oak Hill Veneer Inc. site. These upcoming projects will create many jobs and bring more business to the community.”
The company received assistance from the Pennsylvania Department of Community and Economic Development that includes $146,000 in Job Creation Tax Credits and a $225,000 Pennsylvania First Program grant. The project also was coordinated by the Governor’s Action Team in collaboration with the Office of International Business Development and the Northern Tier Regional Planning & Development Commission.
From Woodworking Network: https://www.woodworkingnetwork.com/news/woodworking-industry-news/oak-hill-veneer-plans-2-million-expansion?ss=wood,wood,wood_of_the_month,wood,pricing_supply,wood,components_sourcing,wood,panel_supply,wood,wood_veneer,wood,lumber_quotes_charts