Wood Coatings Expansion Planned at High Point, NC Facility
AkzoNobel held a groundbreaking at its facility in North Carolina to announce its €50 million investment to expand the company’s wood coatings division. The expansion will include new production technology, a raw materials warehouse, and a research lab and technical application center. The ceremony occurred a few months after the company marked 100 years of being in the wood coatings industry in North America.
“This is an historic moment which will help us reinforce our market leadership and further strengthen our commitment to our customers in North America,” said AkzoNobel CEO Thierry Vanlancker in a company press release.
“This investment clearly signals our intentions,” he added. “We’re looking to accelerate our growth in the region and High Point [North Carolina] has a vital role to play as we continue to build and expand market positions across our wood coatings portfolio.”
According to the press release, High Point has been home to AkzoNobel’s US wood coatings activities since 1955. Covering 37 acres, it produces a wide range of products to serve the furniture, flooring, and building products segments, as well as the company’s Chemcraft distributors.
Construction is scheduled for completion in 2021, with rolling projects already underway.
“Global companies that do business in North Carolina time and again choose to expand their footprint here. High Point has long been a manufacturing hub and area workers are ready to ramp up production to support AkzoNobel’s reinvestment plan,” said Roy Cooper, Governor of North Carolina at the ceremony.
