Kronospan to invest $350 million to build manufacturing plant on Alabama campus
June 6, 2023
The wood panel manufacturer will use the new facility to produce oriented strand board (OSB).
Kronospan will be adding a new manufacturing plant to its Oxford, Alabama, campus. The wood panel manufacturer will use the new facility to produce oriented strand board (OSB). The $350 million project will feature 44 acres of new development and will generate 125 new jobs.
In a recent quote, Hans Obermaier, CEO of Kronospan’s North American companies, said, “This is not only an opportunity to further expand our portfolio of wood panel products in the United States but also meets our customers growing need for high quality construction materials. Just like the other plants on our site, the OSB plant will be constructed with our sustainability principles in mind and will further enhance our negative carbon footprint status."
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