KronotexUSA Expanding Operations in SC with $230 Million Investment

Columbia, SC, December 23, 2015—Swiss Krono Group and its American subsidiary KronotexUSA are expanding the company’s existing operations in Barnwell County, South Carolina.

The company is investing $230 million to build a high-density fiberboard (HDF) mill to increase its laminate flooring production, creating 105 new jobs over the next few years.

Headquartered in Switzerland, Swiss Krono Group’s origins can be traced back to 1966.

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 eight million square-meters.

Preliminary engineering has been completed and construction is expected to start by mid-2016, with HDF operations to begin by the summer of 2018.