Kronotex Beginning $45 Million Expansion

Barnwell, SC, Aug. 31, 2010--Kronotex USA Holdings said it will spend $45 million to expand its Kronotex Flooring manufacturing facility in Barnwell.

The construction project, expected to start immediately, will enhance clean energy development and increase production capacity by 60% with the installation of a third set of high speed laminating and profiling lines. 

“The expansion of our Barnwell facility will enable us to produce a complete line of high-end laminate flooring products with improved design, which were previously only produced in the company’s European factories and imported by Kronotex USA,” said Norm Voss, president and CEO of Kronotex USA Holdings.

“The increase in both capacity and capability will create new jobs in Barnwell while providing our customers with higher value products more quickly and more reliably, in addition to reducing their delivery costs and working capital requirements.”

Kronotex’s expansion project, which includes 225,000 square feet of additional warehouse space and new factory, administrative and sales offices, will create 40 new jobs.