Egger Wood Products plans $700 million N.C. manufacturing facility

Lexington, NC, July 26, 2017-The Davidson County Economic Development Commission is pleased to announce the completion of a long term agreement with EGGER Wood Products, one of Europe’s leading wood-based materials supplier for the furniture, wood construction and the flooring industries. The Company plans include development of three phases over 15 years with job creation of as many as 770 new manufacturing sector jobs averaging $40,000.00 per year. Their investment through the three phases is currently estimated at $700,000,000.00 creating more than 4.5 million square feet of space on 200+ acres in the Davidson County owned I-85 Corporate Center. 

Governor Roy Cooper in making the announcement said, “North Carolina’s legacy as a top state for furniture manufacturing and the availability of a skilled labor force is an excellent advantage for EGGER’s first entry into the U.S. market. International manufacturing companies looking to expand in the U.S. will find all the components in North Carolina they need to succeed – including a strong transportation infrastructure, proximity to suppliers and customers, a business-friendly tax environment and of course, access to skilled workers.” 

Tommy Hedrick Chairman of the Davidson County EDC said, “This is the culmination of a long journey to develop the I-85 corporate Center and the beginning of the investment and job creation vision we followed during the Park’s creation. We thank the Commissioners for their strong leadership and commitment to the future of jobs and economic stability in the County”. 

A family-owned company based in the Tyrol Region of Austria, EGGER Group operates 18 plants and 25 sales offices worldwide, providing a wide range of wood-based products. EGGER is the global leader in decorative surfaces on wood-based materials and has developed a complete range of products and cutting-edge designs. The facility in Davidson County will be a state-of the-art particle board manufacturing plant and EGGER’s first U.S. manufacturing operation. The facility will contribute to the regional economy through the purchase of wood byproducts from sawmills and working with a range of local suppliers for additional services. 

“Today’s announcement is the perfect example of the manufacturing resurgence that we’re experiencing in the state,” said North Carolina Commerce Secretary Anthony M. Copeland. “We’re confident EGGER has made the right decision and will thrive here in North Carolina.”