Switzerland's Lico Forms U.S. Arm, Will Manufacture Rigid LVT in WI
Neenah, WI, October 22, 2018-A newly formed company called Lico-U.S. will invest $10 million to manufacture rigid PVC flooring in Neenah, Wisconsin, according to the Post Crescent.
Lico-U.S. is owned by principals of Lico AG of Switzerland and Acoustic Ceiling Products (ACP) of Neenah.
The company will add extrusion and milling lines to a previously existing facility; warehousing, distribution, marketing, accounting and sales support will be handled by ACP.
Beginning in the fall of 2019, Lico-US will manufacture Hydro Fix Flooring. It also will handle sales and service in North America for flooring brands made at Lico’s plant in Mustair, Switzerland.