Swiss Krono Group and its American subsidiary, Swiss Krono SC, held a groundbreaking ceremony for its $230 million high-density fiberboard (HDF) mill and laminate flooring production expansion.
Swiss Krono anticipates adding 105 new highly-skilled technical and management jobs to the Barnwell area, increasing its total employment to 275 employees. The project commences this summer and HDF operations will likely begin by the summer of 2018.
According to the company, this expansion will allow Swiss Krono 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.
“Strong consumer demand for our quality laminate flooring drove our decision to expand and our strong retail partners who choose to sell our innovative products are the real foundation on which this expansion is built,” said CEO Zeb Portanova.
The company acknowledges the collaborative efforts of South Carolina Governor, Nikki Haley; the South Carolina Department of Commerce; the South Carolina Forestry Commission; the Southern Carolina Regional Development Alliance and various Barnwell County governmental agencies.
For more information, visit swisskronoUSA.com.