Michael Egger during the announcement of the investment project in North Carolina.
EGGER Group has announced plans to build a particleboard plant in Lexington, North Carolina. And that’s only the first phase according to reports that say the total investment could top $700 million.
Earlier this month, Michael Egger and Walter Schiegl, EGGER Group Management Technology/Production, announced the Austrian manufacturers plans, which are scheduled to take place in several stages, the first being the construction of a chipboard plant with coating capacities.
The first project phase involves an investment volume of approximately $380 million and will create 400 direct jobs over the next six years. Assuming all agreed framework conditions are fulfilled and the relevant permits are obtained, construction should start by the end of 2018. Production should start in 2020.
The North Carolina plant will have ultramodern facilities for producing laminated chipboard, and will allow EGGER to better serve its customers in North America. EGGER’s previous sales activities in the USA and Canada have already clearly shown that the range of products, the quality, and the price structure of the product portfolio are very attractive for architects, designers, distributors, and industry customers.
“The planned production location in Lexington, North Carolina, will play a decisive role for EGGER’s increasing presence on the North-American market for wood-based materials, as well as ensure product availability and delivery speed for our customers”, said Walter Schiegl, EGGER group management Technology/Production.
EGGER, a family company, was founded in 1961 and employs approximately 8,200 people at 17 plants across Europe. They produce an extensive product range of wood-based materials (chipboard, OSB and MDF boards) as well as timber.