Wood panel producer Kronospan will begin construction of a new oriented strand board (OSB) manufacturing plant on its 460-acre site in Oxford, Alabama, US.
The new US$350m facility will have a footprint comprised of 44 acres of new development, including areas designated for product storage, rail spur and loading docks.
“We are very pleased to announce the next project at our Oxford site,” said Hans Obermaier, CEO of Kronospan’s North American companies. “This is not only an opportunity to further expand our portfolio of wood panel products in the US 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.”
This latest expansion is one of several new investments Kronospan has made in recent months. New equipment for the site include an extension of its existing medium-density fibreboard (MDF) press, a new water treatment plant, expansion of manufacturing capacities of its existing particleboard plant and the ongoing construction of a new wood yard.
Capital projects of over $89m have occurred in the last six months or are currently in progress at the Oxford site and signal a strong commitment to Calhoun County and the surrounding area by the wood panel manufacturer.