Egger Wood Products, a global manufacturer of wood-based panels and laminates, will be expanding their Lexington plant in 2022 by investing $50 million and adding up to 40 jobs.
According to Egger, $30m will be invested in the building of a recycling centre, while the remaining $20m is planned for a third production line meant to help the company in addressing supply chain disruptions, particularly for its growing US and Canadian market. The production line is projected to be operational by the end of 2022.
“This facility was created with the intention of adding a third and fourth lamination line as market demand increased,” Carsten Ritterbach, plant manager for commercial services, said in a statement.
Source: Woodworking Network